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Richmond Market Report

$546,067

AVERAGE PRICE OF 1,295 HOMES

$376,066

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,876,788

AVERAGE PRICE OF 83 MULTI-MILLION DOLLAR HOMES

$504,043

AVERAGE PRICE OF 491 NEWLY BUILT HOMES

$1,045,985

AVERAGE PRICE OF 106 HOMES WITH A POOL

$477,848

AVERAGE PRICE OF 55 REDUCED PRICE HOMES

Average Home

Average Price $546,067
Avg Bedrooms 3.7 beds
Avg Bathrooms 3.09 baths

Average Price by Bedrooms

1 bedroom $430,000
2 bedrooms $385,305
3 bedrooms $379,589
4 bedrooms $497,363
5 bedrooms $769,836
Richmond Home Price Trends
  10/2024 9/2024 8/2024 7/2024 6/2024
Total Listings 1,302 1,233 1,234 1,280 1,301
Average Price $556,344 $580,952 $578,456 $571,930 $565,688
Avg Price Change -4.42% +0.43% +1.14% +1.10% +0.98%
Median Price $442,280 $449,738 $449,085 $439,294 $443,852
Med Price Change -1.69% +0.15% +2.23% -1.04% +1.06%
Avg Bedrooms 3.71 beds 3.71 beds 3.67 beds 3.66 beds 3.44 beds
Avg Bathrooms 3.1 baths 3.09 baths 2.99 baths 2.92 baths 3.05 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Foster High School 331 $585,104 78 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,295 $546,067 78 days
Distressed Homes 3 $376,066 90 days
Multi-Million Dollar Homes 83 $1,876,788 156 days
Newly Built Homes 491 $504,043 75 days
Homes with a Pool 106 $1,045,985 66 days
Reduced Price Homes 55 $477,848 64 days