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Richmond Market Report

$402,861

AVERAGE PRICE OF 1,170 HOMES

$419,834

AVERAGE PRICE OF 234 NEWLY BUILT HOMES

$261,757

AVERAGE PRICE OF 32 DISTRESSED HOMES

$1,914,128

AVERAGE PRICE OF 47 MULTI-MILLION DOLLAR HOMES

$539,009

AVERAGE PRICE OF 86 HOMES WITH A POOL

$381,067

AVERAGE PRICE OF 36 REDUCED PRICE HOMES

Average Home

Average Price $402,861
Avg Bedrooms 2.96 beds
Avg Bathrooms 2.47 baths

Average Price by Bedrooms

1 bedroom $222,309
2 bedrooms $279,132
3 bedrooms $355,667
4 bedrooms $375,744
5 bedrooms $820,745
Richmond Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 1,230 1,289 1,310 1,260 1,176
Average Price $401,080 $409,234 $400,053 $403,354 $413,288
Avg Price Change -2.03% +2.29% -0.83% -2.46% -0.29%
Median Price $310,970 $310,881 $315,257 $321,347 $303,596
Med Price Change +0.03% -1.41% -1.93% +5.85% +0.67%
Avg Bedrooms 3.13 beds 3.33 beds 3.02 beds 3.24 beds 3.3 beds
Avg Bathrooms 2.6 baths 2.63 baths 2.41 baths 2.41 baths 2.45 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Armstrong 268 $349,854 72 days
Huguenot 146 $329,029 78 days
John Marshall 146 $379,776 55 days
Thomas Jefferson 224 $572,182 69 days
Wythe 89 $277,715 107 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,170 $402,861 64 days
Newly Built Homes 234 $419,834 115 days
Distressed Homes 32 $261,757 166 days
Multi-Million Dollar Homes 47 $1,914,128 190 days
Homes with a Pool 86 $539,009 104 days
Reduced Price Homes 36 $381,067 35 days
eXp Realty | OWNRVA.com
Michela Worthington-Adams
6308 Paragon Pl. Ste 410
Richmond, VA 23230
804-614-5416

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which eXp Realty | OWNRVA.com participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. © 2021 BRIGHT, All Rights Reserved Information Deemed Reliable But Not Guaranteed. Data last updated: September 24, 2021 6 AM.
Listings Last Updated: September 24, 2021 Feed Last Updated: September 24, 2021

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 © 2021 Virginia MLS Cooperative. All rights reserved.

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