Broad Rock, Richmond Homes For Sale & Real Estate

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Broad Rock Real Estate Insights

Broad Rock is located in Richmond, Virginia.

Bicycles are big sellers in Broad Rock; everyone seems to be riding these days, whether it's for the daily commute or a fun afternoon with the family.

Since Broad Rock has a low percentage of owner-occupied homes, your neighbors probably won't be there long term but there will always be new people for you to meet. The median age of residents in this locale is low; whether you're young in number or young at heart, you'll have no trouble fitting in. Typical workers from Broad Rock make less money than those from a neighboring place.

Broad Rock's real estate market is picking up 30.1 percent by average listing price, year-over-year. Last year, the average listing price was $50,533 and rose to $65,764 in this year. Such a large surge is a positive trend for current homeowners and new buyers in the local area looking to profit from rapidly increasing property values. During the same period, inventory declined by 20 percent. The number of listings in this location noticeably dropped from 5 to 4 homes on the market last year, somewhat constricting the market for new buyers looking to move to this area.