Richmond, VA

A comprehensive guide to buying a home in Richmond: neighborhoods, market trends, schools, and lifestyle.

$355K
Median Price
18 days
Avg Days on Market
$125K–$1.5M
Price Range

Overview

Richmond is Virginia's capital and a city experiencing a major renaissance. Historic architecture, a thriving food scene, the James River, and a growing tech sector make it one of the most exciting mid-size cities on the East Coast.

Neighborhoods

The Fan

$125K–$1.5MEstablished community

A popular neighborhood in Richmond.

Carytown

$125K–$1.5MEstablished community

A popular neighborhood in Richmond.

Church Hill

$125K–$1.5MEstablished community

A popular neighborhood in Richmond.

Scott's Addition

$125K–$1.5MEstablished community

A popular neighborhood in Richmond.

Shockoe Bottom

$125K–$1.5MEstablished community

A popular neighborhood in Richmond.

Museum District

$125K–$1.5MEstablished community

A popular neighborhood in Richmond.

Manchester

$125K–$1.5MEstablished community

A popular neighborhood in Richmond.

Northside

$125K–$1.5MEstablished community

A popular neighborhood in Richmond.

Market Trends

Richmond has a median home price of approximately $355,000 with homes averaging 18 days on market. The Fan and Museum District offer walkable city living, while Church Hill and Manchester are rapidly appreciating. Scott's Addition has transformed into a dining and brewery destination. Strong job growth in finance, healthcare, and tech sustains consistent buyer demand.

Living in Richmond

Schools

Average
SOL Pass Rate67%

Top Schools

  • Maggie L. Walker Governor's School
  • Open High School
  • Thomas Jefferson High School

Commute

Drive to DC10 min

Major Routes

I-95, I-64, I-195, Rt 1, Rt 301

Walkability

Walk Score50/100
Transit Score28/100
Bike Score52/100

Somewhat Walkable

Safety

Below Average

83% above Virginia average

Violent crime5.8 per 1K
Property crime25.2 per 1K

Schools

Richmond is served by Fairfax County Public Schools, one of the top-rated school systems in Virginia.

Commute & Transportation

Richmond offers commuter access to Washington, D.C. via major highways and public transit options.

Lifestyle & Community

Richmond is Virginia's capital and a city experiencing a major renaissance. Historic architecture, a thriving food scene, the James River, and a growing tech sector make it one of the most exciting mid-size cities on the East Coast.

Frequently Asked Questions

Is Richmond a good place to buy a home?

Richmond is Virginia's capital and a city experiencing a major renaissance. Historic architecture, a thriving food scene, the James River, and a growing tech sector make it one of the most exciting mid-size cities on the East Coast.

What are home prices like in Richmond?

The median home price in Richmond is approximately $355K, with a range of $125K–$1.5M.

More Richmond Resources

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