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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

    $345,027

    AVERAGE PRICE OF 1,246 HOMES

    $238,491

    AVERAGE PRICE OF 56 DISTRESSED HOMES

    $1,924,843

    AVERAGE PRICE OF 52 MULTI-MILLION DOLLAR HOMES

    $415,161

    AVERAGE PRICE OF 148 NEWLY BUILT HOMES

    $565,616

    AVERAGE PRICE OF 58 HOMES WITH A POOL

    $316,018

    AVERAGE PRICE OF 402 REDUCED PRICE HOMES

    Average Home

    Average Price $345,027
    Avg Bedrooms 2.74 beds
    Avg Bathrooms 1.66 baths

    Average Price by Bedrooms

    1 bedroom $169,026
    2 bedrooms $166,208
    3 bedrooms $267,263
    4 bedrooms $383,822
    5 bedrooms $635,239
    Richmond Home Price Trends
      10/2018 9/2018 8/2018 7/2018 6/2018
    Total Listings 1,247 1,200 1,181 1,226 1,282
    Average Price $339,898 $330,630 $344,209 $355,145 $360,680
    Avg Price Change +2.80% -4.11% -3.18% -1.56% +0.77%
    Median Price $237,883 $232,733 $246,056 $253,169 $261,118
    Med Price Change +2.21% -5.72% -2.89% -3.14% +0.99%
    Avg Bedrooms 2.75 beds 2.74 beds 2.73 beds 2.75 beds 2.78 beds
    Avg Bathrooms 1.66 baths 1.67 baths 1.68 baths 1.68 baths 1.73 baths
    Home Price by High School
    School Name Total Homes Average Price
    Armstrong 235 $242,915
    Huguenot 167 $263,513
    Marshall 85 $268,692
    Thomas Jefferson 246 $547,233
    Wythe 129 $153,259
    Home Price by House Size
    Total Homes Average Price
    All Homes 1,246 $345,027
    Distressed Homes 56 $238,491
    Multi-Million Dollar Homes 52 $1,924,843
    Newly Built Homes 148 $415,161
    Homes with a Pool 58 $565,616
    Reduced Price Homes 402 $316,018

    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

    THREE CHOPT ELEMENTARY SCHOOL
    Elementary School
    Public

    10

    TUCKAHOE ELEMENTARY SCHOOL
    Elementary School
    Public

    8

    FOX MILL ELEMENTARY 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

    9

    OPEN HIGH SCHOOL
    High School
    Public

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