If you need assistance, please call 804-687-6718

Richmond Market Report

$548,951

AVERAGE PRICE OF 922 HOMES

$424,800

AVERAGE PRICE OF 27 DISTRESSED HOMES

$1,715,228

AVERAGE PRICE OF 92 MULTI-MILLION DOLLAR HOMES

$682,907

AVERAGE PRICE OF 216 NEWLY BUILT HOMES

$589,434

AVERAGE PRICE OF 95 HOMES WITH A POOL

$488,078

AVERAGE PRICE OF 28 REDUCED PRICE HOMES

Average Home

Average Price $548,951
Avg Bedrooms 2.65 beds
Avg Bathrooms 2.19 baths

Average Price by Bedrooms

1 bedroom $264,356
2 bedrooms $328,777
3 bedrooms $472,114
4 bedrooms $646,937
5 bedrooms $1,077,493
Richmond Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 869 808 766 744 850
Average Price $533,773 $507,790 $489,494 $476,128 $504,032
Avg Price Change +5.12% +3.74% +2.81% -5.86% -1.21%
Median Price $400,254 $395,453 $395,243 $378,558 $387,319
Med Price Change +1.21% +0.05% +4.41% -2.31% +0.57%
Avg Bedrooms 2.67 beds 2.62 beds 2.58 beds 2.53 beds 2.62 beds
Avg Bathrooms 2.21 baths 2.12 baths 2.07 baths 2.03 baths 2.13 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Thomas Jefferson 221 $773,174 63 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 922 $548,951 71 days
Distressed Homes 27 $424,800 77 days
Multi-Million Dollar Homes 92 $1,715,228 77 days
Newly Built Homes 216 $682,907 106 days
Homes with a Pool 95 $589,434 117 days
Reduced Price Homes 28 $488,078 61 days
Coldwell Banker Prime | Cooper & Company
Jessica Cooper
15871 City View Drive Suite 204
Midlothian, VA 23113
804-687-6718

Listings Last Updated: May 29, 2024 Feed Last Updated: May 29, 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.

This site powered by CINC: www.cincpro.com