Richmond Market Report

$363,238

AVERAGE PRICE OF 1,319 HOMES

$249,974

AVERAGE PRICE OF 51 DISTRESSED HOMES

$1,915,761

AVERAGE PRICE OF 59 MULTI-MILLION DOLLAR HOMES

$408,154

AVERAGE PRICE OF 187 NEWLY BUILT HOMES

$816,157

AVERAGE PRICE OF 38 HOMES WITH A POOL

$330,255

AVERAGE PRICE OF 25 REDUCED PRICE HOMES

Average Home

Average Price $363,238
Avg Bedrooms 2.69 beds
Avg Bathrooms 2.05 baths

Average Price by Bedrooms

1 bedroom $199,530
2 bedrooms $208,973
3 bedrooms $275,875
4 bedrooms $420,786
5 bedrooms $678,571
Richmond Home Price Trends
  11/2019 10/2019 9/2019 8/2019 7/2019
Total Listings 1,409 1,446 1,377 1,382 1,420
Average Price $357,421 $355,931 $355,414 $354,563 $366,156
Avg Price Change +0.42% +0.15% +0.24% -3.27% +1.59%
Median Price $258,477 $259,920 $257,915 $255,298 $259,925
Med Price Change -0.56% +0.78% +1.03% -1.81% +1.38%
Avg Bedrooms 2.75 beds 2.78 beds 2.76 beds 2.77 beds 2.8 beds
Avg Bathrooms 2.11 baths 2.17 baths 2.14 baths 2.15 baths 2.16 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Armstrong 278 $283,021 79 days
Huguenot 186 $249,204 90 days
John Marshall 150 $268,405 64 days
Thomas Jefferson 225 $603,759 67 days
Wythe 120 $178,613 104 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,319 $363,238 94 days
Distressed Homes 51 $249,974 105 days
Multi-Million Dollar Homes 59 $1,915,761 126 days
Newly Built Homes 187 $408,154 103 days
Homes with a Pool 38 $816,157 103 days
Reduced Price Homes 25 $330,255 50 days
804.New.Home (804.639.4663)
1 Park West Circle #203
Midlothian, VA 23114

Listings Last Updated: December 6, 2019 Feed Last Updated: December 6, 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.