Richmond Market Report
$532,501
AVERAGE PRICE OF 936 HOMES$417,069
AVERAGE PRICE OF 21 DISTRESSED HOMES$1,799,224
AVERAGE PRICE OF 81 MULTI-MILLION DOLLAR HOMES$637,126
AVERAGE PRICE OF 212 NEWLY BUILT HOMES$572,170
AVERAGE PRICE OF 104 HOMES WITH A POOL$460,276
AVERAGE PRICE OF 53 REDUCED PRICE HOMESAverage Home
| Average Price | $532,501 |
| Avg Bedrooms | 2.57 beds |
| Avg Bathrooms | 2.11 baths |
Average Price by Bedrooms
| 1 bedroom | $244,286 |
| 2 bedrooms | $330,965 |
| 3 bedrooms | $457,887 |
| 4 bedrooms | $636,149 |
| 5 bedrooms | $897,700 |
Richmond Home Price Trends
| 8/2024 | 7/2024 | 6/2024 | 5/2024 | 4/2024 | |
|---|---|---|---|---|---|
| Total Listings | 917 | 896 | 902 | 920 | 869 |
| Average Price | $553,876 | $553,878 | $548,209 | $538,222 | $533,773 |
| Avg Price Change | 0.00% | +1.03% | +1.86% | +0.83% | +5.12% |
| Median Price | $401,189 | $401,979 | $409,244 | $421,795 | $400,254 |
| Med Price Change | -0.20% | -1.81% | -3.07% | +5.38% | +1.21% |
| Avg Bedrooms | 2.56 beds | 2.61 beds | 2.64 beds | 2.67 beds | 2.67 beds |
| Avg Bathrooms | 2.14 baths | 2.2 baths | 2.19 baths | 2.2 baths | 2.21 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Thomas Jefferson | 202 | $721,311 | 60 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 936 | $532,501 | 75 days |
| Distressed Homes | 21 | $417,069 | 102 days |
| Multi-Million Dollar Homes | 81 | $1,799,224 | 103 days |
| Newly Built Homes | 212 | $637,126 | 97 days |
| Homes with a Pool | 104 | $572,170 | 91 days |
| Reduced Price Homes | 53 | $460,276 | 52 days |
