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Richmond Market Report

$403,804

AVERAGE PRICE OF 756 HOMES

$250,188

AVERAGE PRICE OF 26 DISTRESSED HOMES

$1,997,642

AVERAGE PRICE OF 31 MULTI-MILLION DOLLAR HOMES

$456,434

AVERAGE PRICE OF 183 NEWLY BUILT HOMES

$567,697

AVERAGE PRICE OF 64 HOMES WITH A POOL

$380,307

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $403,804
Avg Bedrooms 2.58 beds
Avg Bathrooms 2.03 baths

Average Price by Bedrooms

1 bedroom $278,221
2 bedrooms $281,999
3 bedrooms $326,758
4 bedrooms $474,745
5 bedrooms $785,909
Richmond Home Price Trends
  12/2021 11/2021 10/2021 9/2021 8/2021
Total Listings 901 n/a 1,112 1,161 1,223
Average Price $414,875 n/a $407,731 $401,178 $399,556
Avg Price Change n/a n/a +1.63% +0.41% -1.81%
Median Price $309,694 n/a $318,446 $316,036 $310,378
Med Price Change n/a n/a +0.76% +1.82% +0.12%
Avg Bedrooms 2.61 beds n/a 2.7 beds 2.69 beds 2.69 beds
Avg Bathrooms 2.1 baths n/a 2.14 baths 2.14 baths 2.14 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Armstrong 181 $309,175 138 days
Huguenot 87 $322,729 96 days
John Marshall 84 $329,372 70 days
Thomas Jefferson 116 $638,524 109 days
Wythe 79 $231,500 93 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 756 $403,804 120 days
Distressed Homes 26 $250,188 143 days
Multi-Million Dollar Homes 31 $1,997,642 213 days
Newly Built Homes 183 $456,434 174 days
Homes with a Pool 64 $567,697 123 days
Reduced Price Homes 11 $380,307 47 days
Long & Foster Village of Midlothian - The Dorsey Group
Jim Dorsey
1100 Jefferson Green Cir
Midlothian, VA 23113
804-833-8039

Listings Last Updated: January 16, 2022 Feed Last Updated: January 16, 2022

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 © 2022 Virginia MLS Cooperative. All rights reserved.

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