Richmond Market Report

$425,848

AVERAGE PRICE OF 1,346 HOMES

$273,395

AVERAGE PRICE OF 43 DISTRESSED HOMES

$2,086,112

AVERAGE PRICE OF 71 MULTI-MILLION DOLLAR HOMES

$398,670

AVERAGE PRICE OF 263 NEWLY BUILT HOMES

$547,247

AVERAGE PRICE OF 98 HOMES WITH A POOL

$455,068

AVERAGE PRICE OF 36 REDUCED PRICE HOMES

Average Home

Average Price $425,848
Avg Bedrooms 2.8 beds
Avg Bathrooms 2.31 baths

Average Price by Bedrooms

1 bedroom $225,725
2 bedrooms $256,579
3 bedrooms $319,186
4 bedrooms $466,694
5 bedrooms $836,725
Richmond Home Price Trends
  9/2020 8/2020 7/2020 6/2020 5/2020
Total Listings 1,297 1,263 1,261 1,272 1,229
Average Price $400,612 $389,181 $382,510 $374,347 $368,093
Avg Price Change +2.94% +1.74% +2.18% +1.70% -0.30%
Median Price $299,528 $293,891 $288,981 $280,336 $275,120
Med Price Change +1.92% +1.70% +3.08% +1.90% +0.08%
Avg Bedrooms 2.8 beds 2.82 beds 2.81 beds 2.79 beds 2.77 beds
Avg Bathrooms 2.29 baths 2.31 baths 2.28 baths 2.25 baths 2.21 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Armstrong 252 $317,714 94 days
Huguenot 165 $316,578 92 days
John Marshall 136 $314,592 68 days
Thomas Jefferson 302 $640,519 71 days
Wythe 92 $212,290 155 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,346 $425,848 118 days
Distressed Homes 43 $273,395 139 days
Multi-Million Dollar Homes 71 $2,086,112 131 days
Newly Built Homes 263 $398,670 113 days
Homes with a Pool 98 $547,247 113 days
Reduced Price Homes 36 $455,068 37 days
804.New.Home (804.639.4663)
1 Park West Circle #203
Midlothian, VA 23114

Listings Last Updated: October 28, 2020 Feed Last Updated: October 28, 2020

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 © 2020 Virginia MLS Cooperative. All rights reserved.

This site powered by CINC: www.cincpro.com