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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

$361,863

AVERAGE PRICE OF 1,513 HOMES

$1,910,302

AVERAGE PRICE OF 66 MULTI-MILLION DOLLAR HOMES

$429,367

AVERAGE PRICE OF 133 NEWLY BUILT HOMES

$1,030,454

AVERAGE PRICE OF 34 HOMES WITH A POOL

$393,358

AVERAGE PRICE OF 41 REDUCED PRICE HOMES

Average Home

Average Price $361,863
Avg Bedrooms 2.79 beds
Avg Bathrooms 2.15 baths

Average Price by Bedrooms

1 bedroom $165,806
2 bedrooms $193,386
3 bedrooms $278,349
4 bedrooms $442,305
5 bedrooms $703,710
Richmond Home Price Trends
  4/2019 3/2019 2/2019 1/2019 12/2018
Total Listings 1,368 1,150 1,043 1,002 1,131
Average Price $342,737 $336,241 $324,281 $334,537 $339,540
Avg Price Change +1.93% +3.69% -3.16% -1.50% -1.32%
Median Price $248,145 $251,227 $247,990 $236,150 $231,637
Med Price Change -1.24% +1.31% +5.01% +1.95% -1.33%
Avg Bedrooms 2.74 beds 2.71 beds 2.7 beds 2.68 beds 2.72 beds
Avg Bathrooms 2.07 baths 2.08 baths 1.88 baths 1.61 baths 1.63 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Armstrong 311 $224,497 50 days
Huguenot 213 $312,003 42 days
Marshall 98 $253,096 46 days
Thomas Jefferson 314 $621,033 41 days
Wythe 126 $151,676 43 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,513 $361,863 47 days
Multi-Million Dollar Homes 66 $1,910,302 52 days
Newly Built Homes 133 $429,367 64 days
Homes with a Pool 34 $1,030,454 46 days
Reduced Price Homes 41 $393,358 45 days

School Data

Highly Rated Richmond Schools

9

COLONIAL TRAIL 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

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

SWIFT CREEK 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

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

9

TOMAHAWK CREEK 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

8

MIDLOTHIAN HIGH SCHOOL
High School
Public

9

OPEN 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: May 23, 2019 Feed Last Updated: May 23, 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.