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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

    $354,428

    AVERAGE PRICE OF 1,223 HOMES

    $166,911

    AVERAGE PRICE OF 60 DISTRESSED HOMES

    $1,631,843

    AVERAGE PRICE OF 58 MULTI-MILLION DOLLAR HOMES

    $434,785

    AVERAGE PRICE OF 146 NEWLY BUILT HOMES

    $585,221

    AVERAGE PRICE OF 57 HOMES WITH A POOL

    $345,342

    AVERAGE PRICE OF 289 REDUCED PRICE HOMES

    Average Home

    Average Price $354,428
    Avg Bedrooms 2.76 beds
    Avg Bathrooms 1.69 baths

    Average Price by Bedrooms

    1 bedroom $183,636
    2 bedrooms $191,664
    3 bedrooms $275,933
    4 bedrooms $401,603
    5 bedrooms $657,834
    Richmond Home Price Trends
      6/2018 5/2018 4/2018 3/2018 2/2018
    Total Listings 1,282 1,290 1,238 1,107 1,033
    Average Price $360,680 $357,910 $347,483 $339,307 $335,705
    Avg Price Change +0.77% +3.00% +2.41% +1.07% +3.09%
    Median Price $261,118 $258,552 $245,000 $224,836 $221,260
    Med Price Change +0.99% +5.53% +8.97% +1.62% +2.82%
    Avg Bedrooms 2.78 beds 2.79 beds 3 beds 3 beds 3 beds
    Avg Bathrooms 1.73 baths 1.74 baths 1.99 baths 1.98 baths 1.98 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Market
    Armstrong 230 $259,181 87 days
    Huguenot 178 $258,435 82 days
    Marshall 81 $249,664 52 days
    Thomas Jefferson 248 $509,756 51 days
    Wythe 103 $170,973 86 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 1,223 $354,428 83 days
    Distressed Homes 60 $166,911 90 days
    Multi-Million Dollar Homes 58 $1,631,843 156 days
    Newly Built Homes 146 $434,785 177 days
    Homes with a Pool 57 $585,221 124 days
    Reduced Price Homes 289 $345,342 94 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

    TOMAHAWK CREEK MIDDLE SCHOOL
    Middle School
    Public

    9

    COSBY HIGH SCHOOL
    High 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