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Richmond Market Report

$329,620

AVERAGE PRICE OF 1,003 HOMES

$256,130

AVERAGE PRICE OF 53 DISTRESSED HOMES

$2,156,160

AVERAGE PRICE OF 31 MULTI-MILLION DOLLAR HOMES

$382,729

AVERAGE PRICE OF 133 NEWLY BUILT HOMES

$502,176

AVERAGE PRICE OF 42 HOMES WITH A POOL

$542,136

AVERAGE PRICE OF 36 REDUCED PRICE HOMES

Average Home

Average Price $329,620
Avg Bedrooms 2.68 beds
Avg Bathrooms 1.59 baths

Average Price by Bedrooms

1 bedroom $149,570
2 bedrooms $163,771
3 bedrooms $246,502
4 bedrooms $382,751
5 bedrooms $600,942
Richmond Home Price Trends
  12/2018 11/2018 10/2018 9/2018 8/2018
Total Listings 1,131 1,242 1,247 1,200 1,181
Average Price $339,540 $344,023 $339,898 $330,630 $344,209
Avg Price Change -1.32% +1.21% +2.80% -4.11% -3.18%
Median Price $231,637 $234,729 $237,883 $232,733 $246,056
Med Price Change -1.33% -1.34% +2.21% -5.72% -2.89%
Avg Bedrooms 2.72 beds 2.74 beds 2.75 beds 2.74 beds 2.73 beds
Avg Bathrooms 1.63 baths 1.65 baths 1.66 baths 1.67 baths 1.68 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Armstrong 220 $245,698 108 days
Huguenot 123 $277,211 119 days
John Marshall 76 $245,686 96 days
Thomas Jefferson 155 $548,378 75 days
Wythe 116 $134,140 105 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,003 $329,620 107 days
Distressed Homes 53 $256,130 111 days
Multi-Million Dollar Homes 31 $2,156,160 236 days
Newly Built Homes 133 $382,729 172 days
Homes with a Pool 42 $502,176 144 days
Reduced Price Homes 36 $542,136 70 days
Pirch Real Estate
Joey Schlager
301 Concourse Blvd. Suite 140
Glen Allen, VA 23059
804-410-3786
Licensed in Virginia

Listings Last Updated: January 18, 2019 Feed Last Updated: January 18, 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.

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