Richmond Market Report
$399,320
AVERAGE PRICE OF 1,261 HOMES$326,670
AVERAGE PRICE OF 36 DISTRESSED HOMES$2,016,407
AVERAGE PRICE OF 44 MULTI-MILLION DOLLAR HOMES$399,671
AVERAGE PRICE OF 290 NEWLY BUILT HOMES$477,432
AVERAGE PRICE OF 84 HOMES WITH A POOL$408,193
AVERAGE PRICE OF 18 REDUCED PRICE HOMESAverage Home
| Average Price | $399,320 |
| Avg Bedrooms | 2.64 beds |
| Avg Bathrooms | 2.11 baths |
Average Price by Bedrooms
| 1 bedroom | $251,774 |
| 2 bedrooms | $261,375 |
| 3 bedrooms | $337,468 |
| 4 bedrooms | $439,741 |
| 5 bedrooms | $652,450 |
Richmond Home Price Trends
| 4/2021 | 3/2021 | 2/2021 | 1/2021 | 12/2020 | |
|---|---|---|---|---|---|
| Total Listings | 1,166 | 1,082 | 1,027 | 1,100 | 1,214 |
| Average Price | $411,075 | $411,725 | $413,875 | $399,253 | $413,797 |
| Avg Price Change | -0.16% | -0.52% | +3.66% | -3.64% | -2.57% |
| Median Price | $303,145 | $299,862 | $299,627 | $288,356 | $290,642 |
| Med Price Change | +1.09% | +0.08% | +3.91% | -0.79% | -3.05% |
| Avg Bedrooms | 2.62 beds | 2.62 beds | 2.64 beds | 2.68 beds | 2.68 beds |
| Avg Bathrooms | 2.13 baths | 2.18 baths | 2.19 baths | 2.21 baths | 2.22 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Armstrong | 258 | $310,807 | 98 days |
| Huguenot | 182 | $308,174 | 70 days |
| John Marshall | 138 | $340,123 | 72 days |
| Thomas Jefferson | 271 | $556,106 | 68 days |
| Wythe | 119 | $232,450 | 78 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,261 | $399,320 | 91 days |
| Distressed Homes | 36 | $326,670 | 155 days |
| Multi-Million Dollar Homes | 44 | $2,016,407 | 205 days |
| Newly Built Homes | 290 | $399,671 | 162 days |
| Homes with a Pool | 84 | $477,432 | 128 days |
| Reduced Price Homes | 18 | $408,193 | 77 days |
