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Richmond

Why you'd want to live in Richmond

Richmond is the state capital of Virginia. It is the only urban setting in the country with a class 3 and 4 rapids running through it. The James River rapids result from the city being on the Fall Line of Virginia where the elevated and rocky Piedmont region changes to the lower and more sedimentary Tidewater Region. The James River flows hard here from the elevation differential and the water being forced into channels. This situation has had many commercial and military advantages throughout history. It also happens to be beautiful and fun. You might see blue herons, bald eagles, ospreys, or deers while rafting on white water right in the middle of the city. There's bustling business and exciting nightlife in the city's many historical and vibrant neighborhoods: Carytown, Church Hill, Shockoe Bottom, and The Fan to name a few.

Richmond Market Report

$329,620

AVERAGE PRICE OF 1,003 HOMES

$256,130

AVERAGE PRICE OF 53 DISTRESSED HOMES

$2,156,160

AVERAGE PRICE OF 31 MULTI-MILLION DOLLAR HOMES

$382,729

AVERAGE PRICE OF 133 NEWLY BUILT HOMES

$502,176

AVERAGE PRICE OF 42 HOMES WITH A POOL

$542,136

AVERAGE PRICE OF 36 REDUCED PRICE HOMES

Average Home

Average Price $329,620
Avg Bedrooms 2.68 beds
Avg Bathrooms 1.59 baths

Average Price by Bedrooms

1 bedroom $149,570
2 bedrooms $163,771
3 bedrooms $246,502
4 bedrooms $382,751
5 bedrooms $600,942
Richmond Home Price Trends
  12/2018 11/2018 10/2018 9/2018 8/2018
Total Listings 1,131 1,242 1,247 1,200 1,181
Average Price $339,540 $344,023 $339,898 $330,630 $344,209
Avg Price Change -1.32% +1.21% +2.80% -4.11% -3.18%
Median Price $231,637 $234,729 $237,883 $232,733 $246,056
Med Price Change -1.33% -1.34% +2.21% -5.72% -2.89%
Avg Bedrooms 2.72 beds 2.74 beds 2.75 beds 2.74 beds 2.73 beds
Avg Bathrooms 1.63 baths 1.65 baths 1.66 baths 1.67 baths 1.68 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Armstrong 220 $245,698 108 days
Huguenot 123 $277,211 119 days
John Marshall 76 $245,686 96 days
Thomas Jefferson 155 $548,378 75 days
Wythe 116 $134,140 105 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,003 $329,620 107 days
Distressed Homes 53 $256,130 111 days
Multi-Million Dollar Homes 31 $2,156,160 236 days
Newly Built Homes 133 $382,729 172 days
Homes with a Pool 42 $502,176 144 days
Reduced Price Homes 36 $542,136 70 days

School Data

Highly Rated Richmond Schools

9

COLONIAL TRAIL ELEMENTARY SCHOOL
Elementary School
Public

9

GAYTON ELEMENTARY SCHOOL
Elementary School
Public

9

GREENFIELD ELEMENTARY SCHOOL
Elementary School
Public

9

MARY MUNFORD 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

8

FOX MILL ELEMENTARY SCHOOL
Middle School
Public

9

MOSBY WOODS ELEMENTARY 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

9

DEEP RUN HIGH SCHOOL
High School
Public

8

GODWIN HIGH SCHOOL
High School
Public

9

MARSHALL HIGH SCHOOL
High School
Public

9

OPEN HIGH SCHOOL
High School
Public

9
Pirch Real Estate
Joey Schlager
301 Concourse Blvd. Suite 140
Glen Allen, VA 23059
804-410-3786
Licensed in Virginia

Listings Last Updated: January 18, 2019 Feed Last Updated: January 18, 2019

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 © 2019 Virginia MLS Cooperative. All rights reserved.

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