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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

    $326,824

    AVERAGE PRICE OF 1,202 HOMES

    $165,087

    AVERAGE PRICE OF 55 DISTRESSED HOMES

    $1,959,570

    AVERAGE PRICE OF 41 MULTI-MILLION DOLLAR HOMES

    $421,334

    AVERAGE PRICE OF 136 NEWLY BUILT HOMES

    $567,120

    AVERAGE PRICE OF 55 HOMES WITH A POOL

    $329,143

    AVERAGE PRICE OF 358 REDUCED PRICE HOMES

    Average Home

    Average Price $326,824
    Avg Bedrooms 2.71 beds
    Avg Bathrooms 1.65 baths

    Average Price by Bedrooms

    1 bedroom $175,653
    2 bedrooms $162,455
    3 bedrooms $265,443
    4 bedrooms $374,103
    5 bedrooms $556,301
    Richmond Home Price Trends
      8/2018 7/2018 6/2018 5/2018 4/2018
    Total Listings 1,181 1,226 1,282 1,290 1,238
    Average Price $344,209 $355,145 $360,680 $357,910 $347,483
    Avg Price Change -3.18% -1.56% +0.77% +3.00% +2.41%
    Median Price $246,056 $253,169 $261,118 $258,552 $245,000
    Med Price Change -2.89% -3.14% +0.99% +5.53% +8.97%
    Avg Bedrooms 2.73 beds 2.75 beds 2.78 beds 2.79 beds 3 beds
    Avg Bathrooms 1.68 baths 1.68 baths 1.73 baths 1.74 baths 1.99 baths
    Home Price by High School
    School Name Total Homes Average Price
    Armstrong 258 $227,306
    Huguenot 158 $251,756
    John Marshall 81 $226,887
    Thomas Jefferson 224 $479,927
    Wythe 109 $154,134
    Home Price by House Size
    Total Homes Average Price
    All Homes 1,202 $326,824
    Distressed Homes 55 $165,087
    Multi-Million Dollar Homes 41 $1,959,570
    Newly Built Homes 136 $421,334
    Homes with a Pool 55 $567,120
    Reduced Price Homes 358 $329,143

    School Data

    Highly Rated Richmond Schools

    9

    COLONIAL TRAIL 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

    SHORT PUMP ELEMENTARY SCHOOL
    Elementary School
    Public

    8

    SPRINGFIELD 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