Richmond, VA

Richmond Housing Market Report

Market data from 2 verified transactions. Updated monthly.

Median Price

$183K

Avg Days on Market

101

Transactions (3yr)

2

YoY Price Change

-53.8%

What This Means for You

Homes in Richmond are typically spending 101 days on market before going under contract. The median sale price is around $183K, based on 2 verified transactions. Prices have declined -53.8% year over year, creating opportunities for buyers. Buyers have more time to evaluate options, but well-priced homes still move quickly.

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

Property Type Breakdown

0.0% (2)

Price Range Distribution

Top Agents in Richmond

Verified by real transaction data. No paid placements.

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Frequently Asked Questions

What is the median home price in Richmond?

The median home price in Richmond, VA is $183K, based on 2 verified transactions over the past three years. Total sales volume in Richmond is $365K.

How fast do homes sell in Richmond?

Homes in Richmond average 101 days on market. Buyers generally have time to make informed decisions, though popular neighborhoods can see faster movement.

What types of homes are available in Richmond?

The most common property types in Richmond are undefined (0%). The housing stock ranges from entry-level options under $300K to luxury properties above $1M, offering choices for first-time buyers through move-up families.

How do I find a real estate agent in Richmond?

smover verifies real estate agents in Richmond by real transaction data, not reviews or paid placements. Compare agents by total sales, sold-to-list ratio, and days on market. You can interview up to 3 agents for free at smover.co/topagents/richmond. There is no cost or obligation.

Ready to find your agent in Richmond?

Compare verified agents and request free interviews. No cost, no obligation.

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© 2026 BRIGHT, All Rights Reserved. Information deemed reliable but not guaranteed.

This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is the provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.

Data current as of 02/28/2026. Agent performance data has been collected from multiple public sources and verified with Bright MLS data.

Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.