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Richmond Market Report

$358,605

AVERAGE PRICE OF 1,487 HOMES

$1,940,841

AVERAGE PRICE OF 64 MULTI-MILLION DOLLAR HOMES

$409,359

AVERAGE PRICE OF 151 NEWLY BUILT HOMES

$1,097,655

AVERAGE PRICE OF 29 HOMES WITH A POOL

$463,374

AVERAGE PRICE OF 62 REDUCED PRICE HOMES

Average Home

Average Price $358,605
Avg Bedrooms 2.79 beds
Avg Bathrooms 2.16 baths

Average Price by Bedrooms

1 bedroom $183,930
2 bedrooms $200,568
3 bedrooms $272,658
4 bedrooms $421,862
5 bedrooms $695,747
Richmond Home Price Trends
  5/2019 4/2019 3/2019 2/2019 1/2019
Total Listings 1,479 1,368 1,150 1,043 1,002
Average Price $363,084 $342,737 $336,241 $324,281 $334,537
Avg Price Change +5.94% +1.93% +3.69% -3.16% -1.50%
Median Price $257,937 $248,145 $251,227 $247,990 $236,150
Med Price Change +3.95% -1.24% +1.31% +5.01% +1.95%
Avg Bedrooms 2.79 beds 2.74 beds 2.71 beds 2.7 beds 2.68 beds
Avg Bathrooms 2.14 baths 2.07 baths 2.08 baths 1.88 baths 1.61 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Armstrong 303 $244,240 56 days
Huguenot 200 $320,248 53 days
Marshall 97 $245,456 57 days
Thomas Jefferson 283 $611,485 47 days
Wythe 139 $152,246 51 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,487 $358,605 55 days
Multi-Million Dollar Homes 64 $1,940,841 73 days
Newly Built Homes 151 $409,359 73 days
Homes with a Pool 29 $1,097,655 55 days
Reduced Price Homes 62 $463,374 46 days
Pirch Real Estate
Joey Schlager
301 Concourse Blvd. Suite 140
Glen Allen, VA 23059
804-410-3786
Licensed in Virginia

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