Richmond Real Estate Market Overview

Could Richmond, VA be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about Richmond. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near Richmond such as Henri...co and Glen Allen. When you’re ready, Trulia has 575 resale and new homes in Richmond lined up for you, including 4 open houses, and 518 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$223,250

Median Sales Price

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$149

Price Per Sqft

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$1,275

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in Richmond show a 4% year-over-year rise in median sales price and a 2% rise in median rent per month.

Median Sales Price
The median sales price for homes in Richmond for Apr 21 to Jul 20 was $223,250 based on 852 home sales.
Price Per Square Ft.
Average price per square foot for Richmond was $149, an increase of 5% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in Richmond for Jun 21 to Jul 21 was $1,275.

Crime

Most frequent crimes in the past year

Knowing more about crime activity in Richmond can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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7,789

Counts of Theft

4,196

Counts of Assault

1,948

Counts of Arrest


Best Schools in Richmond

There are 75 schools in Richmond.

Elementary Schools
9

Mary Munford Elementary School

Public, K - 5

9

Jackson Davis Elementary School

Public, PK - 5

8

George W. Carver Elementary School

Public, PK - 5

Middle Schools
4

Amelia Street Special Education

Public, PK - 12

4

Fairfield Middle School

Public, 6 - 8

3

Albert Hill Middle School

Public, 6 - 8

High Schools
9

Mills E. Godwin High School

Public, 9 - 12

8

Open High School

Public, 9 - 12

7

Richmond Community High School

Public, 9 - 12


Demographics

Get to know your neighbors in Richmond by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
43%
Single residents
Home owners
52%
Home owners
Median age
37
Median age
Household income
$41,250
Median household income
College educated
31%
College educated

Commute

Most people in Richmond commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
93% commute by car
0% commute by bike
4% commute by public transportation
0% commute by foot

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