Richmond Market Report
$581,548
AVERAGE PRICE OF 1,246 HOMES$464,999
AVERAGE PRICE OF 2 DISTRESSED HOMES$2,164,043
AVERAGE PRICE OF 83 MULTI-MILLION DOLLAR HOMES$550,381
AVERAGE PRICE OF 415 NEWLY BUILT HOMES$1,089,983
AVERAGE PRICE OF 111 HOMES WITH A POOL$447,538
AVERAGE PRICE OF 80 REDUCED PRICE HOMESAverage Home
| Average Price | $581,548 |
| Avg Bedrooms | 3.72 beds |
| Avg Bathrooms | 3.1 baths |
Average Price by Bedrooms
| 1 bedroom | $750,000 |
| 2 bedrooms | $334,152 |
| 3 bedrooms | $395,524 |
| 4 bedrooms | $514,531 |
| 5 bedrooms | $771,042 |
Richmond Home Price Trends
| 8/2024 | 7/2024 | 6/2024 | 5/2024 | 4/2024 | |
|---|---|---|---|---|---|
| Total Listings | 1,234 | 1,280 | 1,301 | 1,226 | 1,098 |
| Average Price | $578,456 | $571,930 | $565,688 | $560,181 | $568,992 |
| Avg Price Change | +1.14% | +1.10% | +0.98% | -1.57% | -0.08% |
| Median Price | $449,085 | $439,294 | $443,852 | $439,185 | $446,801 |
| Med Price Change | +2.23% | -1.04% | +1.06% | -1.73% | +1.98% |
| Avg Bedrooms | 3.67 beds | 3.66 beds | 3.44 beds | 3.66 beds | 3.67 beds |
| Avg Bathrooms | 2.99 baths | 2.92 baths | 3.05 baths | 3.04 baths | 3.07 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Foster High School | 330 | $692,305 | 75 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,246 | $581,548 | 71 days |
| Distressed Homes | 2 | $464,999 | 36 days |
| Multi-Million Dollar Homes | 83 | $2,164,043 | 153 days |
| Newly Built Homes | 415 | $550,381 | 69 days |
| Homes with a Pool | 111 | $1,089,983 | 62 days |
| Reduced Price Homes | 80 | $447,538 | 46 days |
