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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

$355,752

AVERAGE PRICE OF 1,415 HOMES

$230,635

AVERAGE PRICE OF 56 DISTRESSED HOMES

$1,945,274

AVERAGE PRICE OF 56 MULTI-MILLION DOLLAR HOMES

$394,094

AVERAGE PRICE OF 179 NEWLY BUILT HOMES

$821,882

AVERAGE PRICE OF 40 HOMES WITH A POOL

$385,949

AVERAGE PRICE OF 57 REDUCED PRICE HOMES

Average Home

Average Price $355,752
Avg Bedrooms 2.75 beds
Avg Bathrooms 2.13 baths

Average Price by Bedrooms

1 bedroom $181,105
2 bedrooms $202,646
3 bedrooms $279,849
4 bedrooms $397,105
5 bedrooms $695,635
Richmond Home Price Trends
  8/2019 7/2019 6/2019 5/2019 4/2019
Total Listings 1,382 1,420 1,495 1,479 1,368
Average Price $354,563 $366,156 $360,411 $363,084 $342,737
Avg Price Change -3.27% +1.59% -0.74% +5.94% +1.93%
Median Price $255,298 $259,925 $256,399 $257,937 $248,145
Med Price Change -1.81% +1.38% -0.60% +3.95% -1.24%
Avg Bedrooms 2.77 beds 2.8 beds 2.79 beds 2.79 beds 2.74 beds
Avg Bathrooms 2.15 baths 2.16 baths 2.16 baths 2.14 baths 2.07 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Armstrong 295 $264,756 70 days
Huguenot 187 $298,583 74 days
John Marshall 142 $272,530 50 days
Thomas Jefferson 253 $580,180 57 days
Wythe 153 $158,467 77 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,415 $355,752 77 days
Distressed Homes 56 $230,635 75 days
Multi-Million Dollar Homes 56 $1,945,274 128 days
Newly Built Homes 179 $394,094 96 days
Homes with a Pool 40 $821,882 87 days
Reduced Price Homes 57 $385,949 46 days

School Data

Highly Rated Richmond Schools

9

ECHO LAKE 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

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

GLEN ALLEN 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: September 23, 2019 Feed Last Updated: September 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.