Richmond Market Report

$358,796

AVERAGE PRICE OF 1,488 HOMES

$1,940,841

AVERAGE PRICE OF 64 MULTI-MILLION DOLLAR HOMES

$409,359

AVERAGE PRICE OF 151 NEWLY BUILT HOMES

$1,097,655

AVERAGE PRICE OF 29 HOMES WITH A POOL

$453,532

AVERAGE PRICE OF 64 REDUCED PRICE HOMES

Average Home

Average Price $358,796
Avg Bedrooms 2.79 beds
Avg Bathrooms 2.16 baths

Average Price by Bedrooms

1 bedroom $183,930
2 bedrooms $200,892
3 bedrooms $272,602
4 bedrooms $421,967
5 bedrooms $695,747
Richmond Home Price Trends
  5/2019 4/2019 3/2019 2/2019 1/2019
Total Listings 1,479 1,368 1,150 1,043 1,002
Average Price $363,084 $342,737 $336,241 $324,281 $334,537
Avg Price Change +5.94% +1.93% +3.69% -3.16% -1.50%
Median Price $257,937 $248,145 $251,227 $247,990 $236,150
Med Price Change +3.95% -1.24% +1.31% +5.01% +1.95%
Avg Bedrooms 2.79 beds 2.74 beds 2.71 beds 2.7 beds 2.68 beds
Avg Bathrooms 2.14 baths 2.07 baths 2.08 baths 1.88 baths 1.61 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Armstrong 304 $243,609 55 days
Huguenot 200 $320,273 52 days
Marshall 97 $245,456 56 days
Thomas Jefferson 284 $611,268 46 days
Wythe 139 $152,246 50 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,488 $358,796 54 days
Multi-Million Dollar Homes 64 $1,940,841 72 days
Newly Built Homes 151 $409,359 72 days
Homes with a Pool 29 $1,097,655 54 days
Reduced Price Homes 64 $453,532 45 days
804.New.Home (804.639.4663)
1 Park West Circle #203
Midlothian, VA 23114

Listings Last Updated: June 16, 2019 Feed Last Updated: June 16, 2019

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 © 2019 Virginia MLS Cooperative. All rights reserved.