Market Overview
Washington DC is pricier ($625K median vs $355K), a difference of about $270K. Richmond moves faster, with homes averaging 18 days on market compared to 21 in Washington DC. Richmond offers a lower entry point at $125K–$1.5M.
Richmond
VA
Washington DC
DC
Median Price
$355K
$625K
Avg Days on Market
18 days
21 days
Price Range
$125K–$1.5M
$200K–$5M+
Top Neighborhoods
The Fan, Carytown, Church Hill, Scott's Addition
Georgetown, Capitol Hill, Dupont Circle, Navy Yard
VA
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Frequently Asked Questions
Is Richmond or Washington DC more affordable?
Richmond is more affordable with a median home price of $355K, compared to $625K in Washington DC. Both cities offer a wide range of housing options, from condos and townhomes to single-family homes. Richmond prices range from $125K–$1.5M. Washington DC prices range from $200K–$5M+.
How do Richmond and Washington DC compare?
Richmond is Virginia's capital and a city experiencing a major renaissance. Washington, D. The right choice depends on your priorities: budget, commute length, home types, and neighborhood feel. smover can connect you with a verified agent in either city.
Market data verified by smover using real transaction records. School data from Virginia DOE, Maryland MSDE, and DC OSSE public reports. Property tax rates from Virginia Dept. of Taxation (2024). Walkability scores from Walk Score (2024). Crime data from FBI UCR and Virginia State Police (2023). Commute times are approximate rush-hour estimates. Updated June 2026.