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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

$356,517

AVERAGE PRICE OF 1,423 HOMES

$252,283

AVERAGE PRICE OF 58 DISTRESSED HOMES

$1,922,361

AVERAGE PRICE OF 55 MULTI-MILLION DOLLAR HOMES

$387,920

AVERAGE PRICE OF 186 NEWLY BUILT HOMES

$897,406

AVERAGE PRICE OF 34 HOMES WITH A POOL

$322,258

AVERAGE PRICE OF 45 REDUCED PRICE HOMES

Average Home

Average Price $356,517
Avg Bedrooms 2.76 beds
Avg Bathrooms 2.13 baths

Average Price by Bedrooms

1 bedroom $190,795
2 bedrooms $203,527
3 bedrooms $281,297
4 bedrooms $423,917
5 bedrooms $661,760
Richmond Home Price Trends
  10/2019 9/2019 8/2019 7/2019 6/2019
Total Listings 1,446 1,377 1,382 1,420 1,495
Average Price $355,931 $355,414 $354,563 $366,156 $360,411
Avg Price Change +0.15% +0.24% -3.27% +1.59% -0.74%
Median Price $259,920 $257,915 $255,298 $259,925 $256,399
Med Price Change +0.78% +1.03% -1.81% +1.38% -0.60%
Avg Bedrooms 2.78 beds 2.76 beds 2.77 beds 2.8 beds 2.79 beds
Avg Bathrooms 2.17 baths 2.14 baths 2.15 baths 2.16 baths 2.16 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Armstrong 298 $270,300 75 days
Huguenot 194 $258,375 83 days
John Marshall 163 $273,086 57 days
Thomas Jefferson 255 $591,736 58 days
Wythe 138 $176,787 93 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,423 $356,517 85 days
Distressed Homes 58 $252,283 85 days
Multi-Million Dollar Homes 55 $1,922,361 121 days
Newly Built Homes 186 $387,920 98 days
Homes with a Pool 34 $897,406 101 days
Reduced Price Homes 45 $322,258 44 days

School Data

Highly Rated Richmond Schools

8

BYRD ELEMENTARY SCHOOL
Elementary School
Public

9

GAYTON 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

HOLMAN MIDDLE SCHOOL
Middle 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

GODWIN HIGH SCHOOL
High School
Public

9

MARSHALL HIGH SCHOOL
High School
Public

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

Listings Last Updated: November 11, 2019 Feed Last Updated: November 11, 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.