Richmond Market Report
$534,016
AVERAGE PRICE OF 767 HOMES$389,510
AVERAGE PRICE OF 23 DISTRESSED HOMES$2,041,485
AVERAGE PRICE OF 55 MULTI-MILLION DOLLAR HOMES$608,489
AVERAGE PRICE OF 197 NEWLY BUILT HOMES$572,402
AVERAGE PRICE OF 73 HOMES WITH A POOL$382,992
AVERAGE PRICE OF 31 REDUCED PRICE HOMESAverage Home
| Average Price | $534,016 |
| Avg Bedrooms | 2.61 beds |
| Avg Bathrooms | 2.15 baths |
Average Price by Bedrooms
| 1 bedroom | $266,527 |
| 2 bedrooms | $323,633 |
| 3 bedrooms | $449,096 |
| 4 bedrooms | $545,598 |
| 5 bedrooms | $887,922 |
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 | 154 | $414,385 | 81 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 767 | $534,016 | 91 days |
| Distressed Homes | 23 | $389,510 | 111 days |
| Multi-Million Dollar Homes | 55 | $2,041,485 | 148 days |
| Newly Built Homes | 197 | $608,489 | 115 days |
| Homes with a Pool | 73 | $572,402 | 134 days |
| Reduced Price Homes | 31 | $382,992 | 51 days |
