Richmond

Why you'd want to live in Richmond

Richmond, the capital of Virginia, is among America’s oldest majorcities. Patrick Henry, a U.S. Founding Father, famously declared “Give me liberty or give me death” at its St. John's Church in 1775, leading to the Revolutionary War. The White House of the Confederacy, the home of Confederate President Jefferson Davis during the Civil War, is now a museum in Court End, a neighborhood known for Federal-style mansions.

Richmond Market Report

$381,597

AVERAGE PRICE OF 1,238 HOMES

$403,773

AVERAGE PRICE OF 221 NEWLY BUILT HOMES

$250,741

AVERAGE PRICE OF 49 DISTRESSED HOMES

$1,825,424

AVERAGE PRICE OF 54 MULTI-MILLION DOLLAR HOMES

$559,452

AVERAGE PRICE OF 84 HOMES WITH A POOL

$378,284

AVERAGE PRICE OF 25 REDUCED PRICE HOMES

Average Home

Average Price $381,597
Avg Bedrooms 2.61 beds
Avg Bathrooms 2.42 baths

Average Price by Bedrooms

1 bedroom $201,087
2 bedrooms $154,122
3 bedrooms $315,700
4 bedrooms $302,035
5 bedrooms $859,824
Richmond Home Price Trends
  6/2020 5/2020 4/2020 3/2020 2/2020
Total Listings 1,281 1,238 1,283 1,240 1,130
Average Price $374,975 $368,566 $369,652 $365,726 $354,079
Avg Price Change +1.74% -0.29% +1.07% +3.29% +1.04%
Median Price $280,441 $275,149 $274,794 $268,954 $252,767
Med Price Change +1.92% +0.13% +2.17% +6.40% +0.49%
Avg Bedrooms 2.62 beds 2.73 beds 2.64 beds 2.57 beds 2.59 beds
Avg Bathrooms 2.3 baths 2.17 baths 2.07 baths 2.06 baths 2.09 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Armstrong 250 $260,706 55 days
Freeman 1 $975,000 43 days
Huguenot 149 $304,513 105 days
John Marshall 150 $318,567 71 days
Meadowbrook 1 $67,000 2 days
Thomas Jefferson 235 $585,668 66 days
Wythe 97 $204,588 151 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,238 $381,597 113 days
Newly Built Homes 221 $403,773 57 days
Distressed Homes 49 $250,741 121 days
Multi-Million Dollar Homes 54 $1,825,424 134 days
Homes with a Pool 84 $559,452 81 days
Reduced Price Homes 25 $378,284 50 days

School Data

Highly Rated Richmond Schools

8

BYRD ELEMENTARY SCHOOL
Elementary School
Public

9

ECHO LAKE ELEMENTARY SCHOOL
Elementary School
Public

9

GAYTON ELEMENTARY SCHOOL
Elementary School
Public

8

GOOCHLAND ELEMENTARY SCHOOL
Elementary School
Public

9

GREENFIELD ELEMENTARY SCHOOL
Elementary School
Public

10

NUCKOLS FARM ELEMENTARY SCHOOL
Elementary School
Public

8

REAMS ROAD ELEMENTARY SCHOOL
Elementary School
Public

9

ROBIOUS ELEMENTARY SCHOOL
Elementary School
Public

9

SHORT PUMP ELEMENTARY SCHOOL
Elementary School
Public

8

THREE CHOPT ELEMENTARY SCHOOL
Elementary School
Public

10

TUCKAHOE ELEMENTARY SCHOOL
Elementary School
Public

9

MIDLOTHIAN MIDDLE SCHOOL
Middle School
Public

9

POCAHONTAS MIDDLE SCHOOL
Middle School
Public

8

ROBIOUS MIDDLE SCHOOL
Middle School
Public

9

SHORT PUMP MIDDLE SCHOOL
Middle School
Public

8

WILLIAM BYRD MIDDLE SCHOOL
Middle School
Public

9

DEEP RUN HIGH SCHOOL
High School
Public

8

GLEN ALLEN HIGH SCHOOL
High School
Public

8

GODWIN HIGH SCHOOL
High School
Public

9

MARSHALL HIGH SCHOOL
High School
Public

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