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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

$367,814

AVERAGE PRICE OF 1,422 HOMES

$1,916,543

AVERAGE PRICE OF 66 MULTI-MILLION DOLLAR HOMES

$401,308

AVERAGE PRICE OF 162 NEWLY BUILT HOMES

$1,050,389

AVERAGE PRICE OF 31 HOMES WITH A POOL

$364,136

AVERAGE PRICE OF 55 REDUCED PRICE HOMES

Average Home

Average Price $367,814
Avg Bedrooms 2.8 beds
Avg Bathrooms 2.17 baths

Average Price by Bedrooms

1 bedroom $177,797
2 bedrooms $205,322
3 bedrooms $272,557
4 bedrooms $423,197
5 bedrooms $688,887
Richmond Home Price Trends
  6/2019 5/2019 4/2019 3/2019 2/2019
Total Listings 1,495 1,479 1,368 1,150 1,043
Average Price $360,411 $363,084 $342,737 $336,241 $324,281
Avg Price Change -0.74% +5.94% +1.93% +3.69% -3.16%
Median Price $256,399 $257,937 $248,145 $251,227 $247,990
Med Price Change -0.60% +3.95% -1.24% +1.31% +5.01%
Avg Bedrooms 2.79 beds 2.79 beds 2.74 beds 2.71 beds 2.7 beds
Avg Bathrooms 2.16 baths 2.14 baths 2.07 baths 2.08 baths 1.88 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Armstrong 278 $254,372 65 days
Huguenot 207 $320,247 59 days
Marshall 88 $246,211 70 days
Thomas Jefferson 278 $610,856 53 days
Wythe 130 $153,185 65 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,422 $367,814 63 days
Multi-Million Dollar Homes 66 $1,916,543 83 days
Newly Built Homes 162 $401,308 76 days
Homes with a Pool 31 $1,050,389 70 days
Reduced Price Homes 55 $364,136 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

SPRINGFIELD 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

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

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

Listings Last Updated: July 17, 2019 Feed Last Updated: July 17, 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.