Richmond Market Report

$330,462

AVERAGE PRICE OF 994 HOMES

$281,425

AVERAGE PRICE OF 48 DISTRESSED HOMES

$2,125,353

AVERAGE PRICE OF 31 MULTI-MILLION DOLLAR HOMES

$383,614

AVERAGE PRICE OF 135 NEWLY BUILT HOMES

$515,326

AVERAGE PRICE OF 40 HOMES WITH A POOL

$434,598

AVERAGE PRICE OF 35 REDUCED PRICE HOMES

Average Home

Average Price $330,462
Avg Bedrooms 2.68 beds
Avg Bathrooms 1.6 baths

Average Price by Bedrooms

1 bedroom $149,570
2 bedrooms $166,834
3 bedrooms $250,317
4 bedrooms $381,686
5 bedrooms $565,736
Richmond Home Price Trends
  12/2018 11/2018 10/2018 9/2018 8/2018
Total Listings 1,131 1,242 1,247 1,200 1,181
Average Price $339,540 $344,023 $339,898 $330,630 $344,209
Avg Price Change -1.32% +1.21% +2.80% -4.11% -3.18%
Median Price $231,637 $234,729 $237,883 $232,733 $246,056
Med Price Change -1.33% -1.34% +2.21% -5.72% -2.89%
Avg Bedrooms 2.72 beds 2.74 beds 2.75 beds 2.74 beds 2.73 beds
Avg Bathrooms 1.63 baths 1.65 baths 1.66 baths 1.67 baths 1.68 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Armstrong 220 $246,155 112 days
Huguenot 122 $278,722 120 days
John Marshall 79 $241,848 94 days
Thomas Jefferson 160 $535,078 76 days
Wythe 111 $137,708 108 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 994 $330,462 110 days
Distressed Homes 48 $281,425 123 days
Multi-Million Dollar Homes 31 $2,125,353 236 days
Newly Built Homes 135 $383,614 170 days
Homes with a Pool 40 $515,326 149 days
Reduced Price Homes 35 $434,598 70 days
The Yeatman Group Long & Foster
804.New.Home (804.639.4663)
1 Park West Circle #203
Midlothian, VA 23114

Listings Last Updated: January 16, 2019 Feed Last Updated: January 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.

;