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Richmond Market Report

$546,599

AVERAGE PRICE OF 900 HOMES

$543,265

AVERAGE PRICE OF 22 DISTRESSED HOMES

$1,859,271

AVERAGE PRICE OF 81 MULTI-MILLION DOLLAR HOMES

$686,583

AVERAGE PRICE OF 208 NEWLY BUILT HOMES

$628,693

AVERAGE PRICE OF 90 HOMES WITH A POOL

$530,254

AVERAGE PRICE OF 52 REDUCED PRICE HOMES

Average Home

Average Price $546,599
Avg Bedrooms 2.59 beds
Avg Bathrooms 2.18 baths

Average Price by Bedrooms

1 bedroom $282,316
2 bedrooms $338,364
3 bedrooms $465,111
4 bedrooms $676,159
5 bedrooms $945,018
Richmond Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 920 869 808 766 744
Average Price $538,222 $533,773 $507,790 $489,494 $476,128
Avg Price Change +0.83% +5.12% +3.74% +2.81% -5.86%
Median Price $421,795 $400,254 $395,453 $395,243 $378,558
Med Price Change +5.38% +1.21% +0.05% +4.41% -2.31%
Avg Bedrooms 2.67 beds 2.67 beds 2.62 beds 2.58 beds 2.53 beds
Avg Bathrooms 2.2 baths 2.21 baths 2.12 baths 2.07 baths 2.03 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Thomas Jefferson 212 $774,049 62 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 900 $546,599 72 days
Distressed Homes 22 $543,265 79 days
Multi-Million Dollar Homes 81 $1,859,271 92 days
Newly Built Homes 208 $686,583 107 days
Homes with a Pool 90 $628,693 111 days
Reduced Price Homes 52 $530,254 46 days
Henrico | EXP Realty, LLC
Daniel Harnsberger
6802 Paragon Pl, Suite 410
Richmond, VA
804-380-1190

Listings Last Updated: June 20, 2024 Feed Last Updated: June 20, 2024

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 © 2024 Virginia MLS Cooperative. All rights reserved.

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