Richmond Market Report
$569,217
AVERAGE PRICE OF 1,081 HOMES$374,890
AVERAGE PRICE OF 25 DISTRESSED HOMES$1,708,967
AVERAGE PRICE OF 109 MULTI-MILLION DOLLAR HOMES$570,414
AVERAGE PRICE OF 212 NEWLY BUILT HOMES$690,976
AVERAGE PRICE OF 86 HOMES WITH A POOL$499,759
AVERAGE PRICE OF 42 REDUCED PRICE HOMESAverage Home
| Average Price | $569,217 |
| Avg Bedrooms | 2.73 beds |
| Avg Bathrooms | 2.31 baths |
Average Price by Bedrooms
| 1 bedroom | $251,863 |
| 2 bedrooms | $375,035 |
| 3 bedrooms | $466,591 |
| 4 bedrooms | $674,453 |
| 5 bedrooms | $1,114,404 |
Richmond Home Price Trends
| 4/2025 | 3/2025 | 2/2025 | 1/2025 | 12/2024 | |
|---|---|---|---|---|---|
| Total Listings | 926 | 876 | 828 | 757 | 859 |
| Average Price | $561,796 | $547,222 | $535,517 | $536,797 | $538,220 |
| Avg Price Change | +2.66% | +2.19% | -0.24% | -0.27% | -3.24% |
| Median Price | $410,437 | $406,867 | $398,995 | $396,448 | $393,597 |
| Med Price Change | +0.88% | +1.97% | +0.64% | +0.72% | -4.46% |
| Avg Bedrooms | 2.65 beds | 2.63 beds | 2.61 beds | 2.58 beds | 2.56 beds |
| Avg Bathrooms | 2.21 baths | 2.18 baths | 2.17 baths | 2.12 baths | 2.12 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Thomas Jefferson | 251 | $784,184 | 47 days |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,081 | $569,217 | 69 days |
| Distressed Homes | 25 | $374,890 | 113 days |
| Multi-Million Dollar Homes | 109 | $1,708,967 | 85 days |
| Newly Built Homes | 212 | $570,414 | 96 days |
| Homes with a Pool | 86 | $690,976 | 111 days |
| Reduced Price Homes | 42 | $499,759 | 37 days |
