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Richmond Market Report

$369,168

AVERAGE PRICE OF 1,252 HOMES

$252,624

AVERAGE PRICE OF 45 DISTRESSED HOMES

$1,890,744

AVERAGE PRICE OF 49 MULTI-MILLION DOLLAR HOMES

$406,040

AVERAGE PRICE OF 206 NEWLY BUILT HOMES

$587,356

AVERAGE PRICE OF 66 HOMES WITH A POOL

$440,178

AVERAGE PRICE OF 30 REDUCED PRICE HOMES

Average Home

Average Price $369,168
Avg Bedrooms 2.78 beds
Avg Bathrooms 2.23 baths

Average Price by Bedrooms

1 bedroom $201,043
2 bedrooms $240,230
3 bedrooms $291,791
4 bedrooms $444,261
5 bedrooms $652,202
Richmond Home Price Trends
  4/2020 3/2020 2/2020 1/2020 12/2019
Total Listings 1,273 1,232 1,124 1,074 1,233
Average Price $369,204 $365,404 $353,519 $349,611 $356,300
Avg Price Change +1.04% +3.36% +1.12% -1.91% -0.31%
Median Price $274,901 $268,960 $252,633 $250,641 $249,940
Med Price Change +2.21% +6.46% +0.79% +0.28% -3.42%
Avg Bedrooms 2.8 beds 2.77 beds 2.71 beds 2.66 beds 2.67 beds
Avg Bathrooms 2.21 baths 2.16 baths 2.08 baths 2.04 baths 2.04 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Armstrong 244 $283,121 91 days
Huguenot 155 $338,089 91 days
John Marshall 164 $298,428 67 days
Thomas Jefferson 231 $548,924 68 days
Wythe 96 $202,610 144 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,252 $369,168 109 days
Distressed Homes 45 $252,624 118 days
Multi-Million Dollar Homes 49 $1,890,744 139 days
Newly Built Homes 206 $406,040 105 days
Homes with a Pool 66 $587,356 78 days
Reduced Price Homes 30 $440,178 46 days
RE/MAX Today
Susie Hall
4333 Cox Rd
Glen Allen, VA 23060
804-814-1517

Listings Last Updated: May 28, 2020 Feed Last Updated: May 28, 2020

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 © 2020 Virginia MLS Cooperative. All rights reserved.