Richmond Market Report
$409,135
AVERAGE PRICE OF 1,132 HOMES$281,447
AVERAGE PRICE OF 32 DISTRESSED HOMES$1,906,785
AVERAGE PRICE OF 47 MULTI-MILLION DOLLAR HOMES$421,911
AVERAGE PRICE OF 216 NEWLY BUILT HOMES$574,338
AVERAGE PRICE OF 75 HOMES WITH A POOL$474,822
AVERAGE PRICE OF 26 REDUCED PRICE HOMESAverage Home
| Average Price | $409,135 |
| Avg Bedrooms | 2.7 beds |
| Avg Bathrooms | 2.14 baths |
Average Price by Bedrooms
| 1 bedroom | $269,917 |
| 2 bedrooms | $270,794 |
| 3 bedrooms | $338,501 |
| 4 bedrooms | $464,056 |
| 5 bedrooms | $858,715 |
Richmond Home Price Trends
| 9/2021 | 8/2021 | 7/2021 | 6/2021 | 5/2021 | |
|---|---|---|---|---|---|
| Total Listings | 1,161 | 1,223 | 1,280 | 1,301 | 1,249 |
| Average Price | $401,178 | $399,556 | $406,799 | $397,822 | $401,400 |
| Avg Price Change | +0.41% | -1.81% | +2.26% | -0.90% | -2.41% |
| Median Price | $316,036 | $310,378 | $309,999 | $315,143 | $321,126 |
| Med Price Change | +1.82% | +0.12% | -1.66% | -1.90% | +5.93% |
| Avg Bedrooms | 2.69 beds | 2.69 beds | 2.69 beds | 2.67 beds | 2.65 beds |
| Avg Bathrooms | 2.14 baths | 2.14 baths | 2.16 baths | 2.14 baths | 2.12 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Armstrong | 258 | $307,815 | 105 days |
| Huguenot | 140 | $318,251 | 72 days |
| John Marshall | 132 | $321,805 | 58 days |
| Thomas Jefferson | 232 | $605,658 | 69 days |
| Wythe | 90 | $294,636 | 108 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,132 | $409,135 | 93 days |
| Distressed Homes | 32 | $281,447 | 171 days |
| Multi-Million Dollar Homes | 47 | $1,906,785 | 183 days |
| Newly Built Homes | 216 | $421,911 | 176 days |
| Homes with a Pool | 75 | $574,338 | 97 days |
| Reduced Price Homes | 26 | $474,822 | 43 days |
