Richmond Market Report

$399,320

AVERAGE PRICE OF 1,261 HOMES

$326,670

AVERAGE PRICE OF 36 DISTRESSED HOMES

$2,016,407

AVERAGE PRICE OF 44 MULTI-MILLION DOLLAR HOMES

$399,671

AVERAGE PRICE OF 290 NEWLY BUILT HOMES

$477,432

AVERAGE PRICE OF 84 HOMES WITH A POOL

$408,193

AVERAGE PRICE OF 18 REDUCED PRICE HOMES

Average Home

Average Price $399,320
Avg Bedrooms 2.64 beds
Avg Bathrooms 2.11 baths

Average Price by Bedrooms

1 bedroom $251,774
2 bedrooms $261,375
3 bedrooms $337,468
4 bedrooms $439,741
5 bedrooms $652,450
Richmond Home Price Trends
  4/2021 3/2021 2/2021 1/2021 12/2020
Total Listings 1,166 1,082 1,027 1,100 1,214
Average Price $411,075 $411,725 $413,875 $399,253 $413,797
Avg Price Change -0.16% -0.52% +3.66% -3.64% -2.57%
Median Price $303,145 $299,862 $299,627 $288,356 $290,642
Med Price Change +1.09% +0.08% +3.91% -0.79% -3.05%
Avg Bedrooms 2.62 beds 2.62 beds 2.64 beds 2.68 beds 2.68 beds
Avg Bathrooms 2.13 baths 2.18 baths 2.19 baths 2.21 baths 2.22 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Armstrong 258 $310,807 98 days
Huguenot 182 $308,174 70 days
John Marshall 138 $340,123 72 days
Thomas Jefferson 271 $556,106 68 days
Wythe 119 $232,450 78 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,261 $399,320 91 days
Distressed Homes 36 $326,670 155 days
Multi-Million Dollar Homes 44 $2,016,407 205 days
Newly Built Homes 290 $399,671 162 days
Homes with a Pool 84 $477,432 128 days
Reduced Price Homes 18 $408,193 77 days
804.New.Home (804.639.4663)
1 Park West Circle #203
Midlothian, VA 23114

Listings Last Updated: May 17, 2021 Feed Last Updated: May 17, 2021

All or a portion of the multiple Listing information is provided by the Virginia MLS Cooperative, from a copyrighted compilation of Listings. All Virginia MLS Cooperative information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2021 Virginia MLS Cooperative. All rights reserved.

This site powered by CINC: www.cincpro.com