Richmond Market Report
$569,889
AVERAGE PRICE OF 999 HOMES$359,705
AVERAGE PRICE OF 27 DISTRESSED HOMES$1,866,261
AVERAGE PRICE OF 96 MULTI-MILLION DOLLAR HOMES$576,146
AVERAGE PRICE OF 211 NEWLY BUILT HOMES$604,730
AVERAGE PRICE OF 76 HOMES WITH A POOL$577,574
AVERAGE PRICE OF 49 REDUCED PRICE HOMESAverage Home
| Average Price | $569,889 |
| Avg Bedrooms | 2.67 beds |
| Avg Bathrooms | 2.25 baths |
Average Price by Bedrooms
| 1 bedroom | $250,939 |
| 2 bedrooms | $354,010 |
| 3 bedrooms | $465,089 |
| 4 bedrooms | $665,962 |
| 5 bedrooms | $1,084,047 |
Richmond Home Price Trends
| 3/2025 | 2/2025 | 1/2025 | 12/2024 | 11/2024 | |
|---|---|---|---|---|---|
| Total Listings | 876 | 828 | 757 | 859 | 956 |
| Average Price | $547,222 | $535,517 | $536,797 | $538,220 | $555,665 |
| Avg Price Change | +2.19% | -0.24% | -0.27% | -3.24% | +2.16% |
| Median Price | $406,867 | $398,995 | $396,448 | $393,597 | $411,159 |
| Med Price Change | +1.97% | +0.64% | +0.72% | -4.46% | +2.21% |
| Avg Bedrooms | 2.63 beds | 2.61 beds | 2.58 beds | 2.56 beds | 2.64 beds |
| Avg Bathrooms | 2.18 baths | 2.17 baths | 2.12 baths | 2.12 baths | 2.19 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Thomas Jefferson | 216 | $811,386 | 53 days |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 999 | $569,889 | 72 days |
| Distressed Homes | 27 | $359,705 | 116 days |
| Multi-Million Dollar Homes | 96 | $1,866,261 | 100 days |
| Newly Built Homes | 211 | $576,146 | 95 days |
| Homes with a Pool | 76 | $604,730 | 115 days |
| Reduced Price Homes | 49 | $577,574 | 35 days |
