Richmond, VA

Richmond Housing Market Report

Market data from 5,025 verified transactions. Updated monthly.

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What This Means for You

Homes in Richmond are typically spending 27 days on market before going under contract. The median sale price is around $400K, based on 5,025 verified transactions. Prices have risen +2.5% year over year. 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

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

Property Type Breakdown

0.0% (4,663)
0.0% (305)
0.0% (47)
0.0% (8)
0.0% (2)

Price Range Distribution

Under $300K0.0% (0)
$300K - $500K0.0% (0)
$500K - $750K0.0% (0)
$750K - $1M0.0% (0)
$1M+100.0% (379)

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 $400K, based on 5,025 verified transactions over the past three years. Total sales volume in Richmond is $2553.9M.

How fast do homes sell in Richmond?

Homes in Richmond average 27 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%), undefined (0%), 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.

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© 2026 BRIGHT, All Rights Reserved

Information Deemed Reliable But Not Guaranteed.

Data last updated: 04/18/2026.

View full MLS disclosures

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Keller Williams Realty participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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.

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 (or a) 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.

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