Richmond Market Report
$533,489
AVERAGE PRICE OF 782 HOMES$412,559
AVERAGE PRICE OF 21 DISTRESSED HOMES$2,022,977
AVERAGE PRICE OF 56 MULTI-MILLION DOLLAR HOMES$607,156
AVERAGE PRICE OF 202 NEWLY BUILT HOMES$575,491
AVERAGE PRICE OF 72 HOMES WITH A POOL$386,666
AVERAGE PRICE OF 31 REDUCED PRICE HOMESAverage Home
| Average Price | $533,489 |
| Avg Bedrooms | 2.62 beds |
| Avg Bathrooms | 2.15 baths |
Average Price by Bedrooms
| 1 bedroom | $258,288 |
| 2 bedrooms | $328,238 |
| 3 bedrooms | $448,423 |
| 4 bedrooms | $546,909 |
| 5 bedrooms | $908,326 |
Richmond Home Price Trends
| 12/2024 | 11/2024 | 10/2024 | 9/2024 | 8/2024 | |
|---|---|---|---|---|---|
| Total Listings | 859 | 956 | 998 | 947 | 917 |
| Average Price | $538,220 | $555,665 | $543,929 | $536,906 | $553,876 |
| Avg Price Change | -3.24% | +2.16% | +1.31% | -3.16% | 0.00% |
| Median Price | $393,597 | $411,159 | $402,280 | $401,912 | $401,189 |
| Med Price Change | -4.46% | +2.21% | +0.09% | +0.18% | -0.20% |
| Avg Bedrooms | 2.56 beds | 2.64 beds | 2.62 beds | 2.59 beds | 2.56 beds |
| Avg Bathrooms | 2.12 baths | 2.19 baths | 2.16 baths | 2.13 baths | 2.14 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Armstrong | 158 | $407,710 | 79 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 782 | $533,489 | 90 days |
| Distressed Homes | 21 | $412,559 | 120 days |
| Multi-Million Dollar Homes | 56 | $2,022,977 | 146 days |
| Newly Built Homes | 202 | $607,156 | 113 days |
| Homes with a Pool | 72 | $575,491 | 137 days |
| Reduced Price Homes | 31 | $386,666 | 47 days |
