Richmond Market Report
$399,506
AVERAGE PRICE OF 744 HOMES$236,179
AVERAGE PRICE OF 25 DISTRESSED HOMES$2,033,376
AVERAGE PRICE OF 29 MULTI-MILLION DOLLAR HOMES$460,348
AVERAGE PRICE OF 177 NEWLY BUILT HOMES$553,060
AVERAGE PRICE OF 68 HOMES WITH A POOL$340,466
AVERAGE PRICE OF 14 REDUCED PRICE HOMESAverage Home
| Average Price | $399,506 |
| Avg Bedrooms | 2.56 beds |
| Avg Bathrooms | 2 baths |
Average Price by Bedrooms
| 1 bedroom | $272,138 |
| 2 bedrooms | $301,909 |
| 3 bedrooms | $323,911 |
| 4 bedrooms | $469,380 |
| 5 bedrooms | $781,039 |
Richmond Home Price Trends
| 12/2021 | 11/2021 | 10/2021 | 9/2021 | 8/2021 | |
|---|---|---|---|---|---|
| Total Listings | 901 | n/a | 1,112 | 1,161 | 1,223 |
| Average Price | $414,875 | n/a | $407,731 | $401,178 | $399,556 |
| Avg Price Change | n/a | n/a | +1.63% | +0.41% | -1.81% |
| Median Price | $309,694 | n/a | $318,446 | $316,036 | $310,378 |
| Med Price Change | n/a | n/a | +0.76% | +1.82% | +0.12% |
| Avg Bedrooms | 2.61 beds | n/a | 2.7 beds | 2.69 beds | 2.69 beds |
| Avg Bathrooms | 2.1 baths | n/a | 2.14 baths | 2.14 baths | 2.14 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Armstrong | 177 | $310,849 | 144 days |
| Huguenot | 93 | $310,008 | 91 days |
| John Marshall | 82 | $324,926 | 71 days |
| Thomas Jefferson | 107 | $625,224 | 106 days |
| Wythe | 76 | $223,051 | 86 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 744 | $399,506 | 121 days |
| Distressed Homes | 25 | $236,179 | 150 days |
| Multi-Million Dollar Homes | 29 | $2,033,376 | 232 days |
| Newly Built Homes | 177 | $460,348 | 174 days |
| Homes with a Pool | 68 | $553,060 | 120 days |
| Reduced Price Homes | 14 | $340,466 | 50 days |
