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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

    $357,734

    AVERAGE PRICE OF 1,282 HOMES

    $190,720

    AVERAGE PRICE OF 49 DISTRESSED HOMES

    $1,632,769

    AVERAGE PRICE OF 61 MULTI-MILLION DOLLAR HOMES

    $426,810

    AVERAGE PRICE OF 164 NEWLY BUILT HOMES

    $549,163

    AVERAGE PRICE OF 84 HOMES WITH A POOL

    $394,543

    AVERAGE PRICE OF 239 REDUCED PRICE HOMES

    Average Home

    Average Price $357,734
    Avg Bedrooms 2.78 beds
    Avg Bathrooms 1.74 baths

    Average Price by Bedrooms

    1 bedroom $182,495
    2 bedrooms $197,633
    3 bedrooms $283,922
    4 bedrooms $403,852
    5 bedrooms $732,155
    Richmond Home Price Trends
      4/2018 3/2018 2/2018 1/2018 12/2017
    Total Listings 1,238 1,107 1,033 958 1,111
    Average Price $347,483 $339,307 $335,705 $325,654 $334,427
    Avg Price Change +2.41% +1.07% +3.09% -2.69% -0.20%
    Median Price $245,000 $224,836 $221,260 $215,197 $222,298
    Med Price Change +8.97% +1.62% +2.82% -3.30% -4.80%
    Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
    Avg Bathrooms 1.99 baths 1.98 baths 1.98 baths 1.98 baths 2.03 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Market
    Armstrong 222 $261,229 89 days
    Huguenot 186 $256,015 69 days
    Marshall 90 $278,115 60 days
    Thomas Jefferson 267 $521,398 56 days
    Wythe 110 $170,916 72 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 1,282 $357,734 79 days
    Distressed Homes 49 $190,720 97 days
    Multi-Million Dollar Homes 61 $1,632,769 146 days
    Newly Built Homes 164 $426,810 168 days
    Homes with a Pool 84 $549,163 93 days
    Reduced Price Homes 239 $394,543 103 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

    HILTON 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

    SHORT PUMP ELEMENTARY SCHOOL
    Elementary School
    Public

    8

    THREE CHOPT ELEMENTARY SCHOOL
    Elementary School
    Public

    10

    TUCKAHOE ELEMENTARY SCHOOL
    Elementary School
    Public

    10

    TWIN HICKORY 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

    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

    GLEN ALLEN 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

    9