Richmond Market Report
$544,493
AVERAGE PRICE OF 1,317 HOMES$368,066
AVERAGE PRICE OF 3 DISTRESSED HOMES$1,875,720
AVERAGE PRICE OF 81 MULTI-MILLION DOLLAR HOMES$511,663
AVERAGE PRICE OF 516 NEWLY BUILT HOMES$1,040,457
AVERAGE PRICE OF 102 HOMES WITH A POOL$492,031
AVERAGE PRICE OF 82 REDUCED PRICE HOMESAverage Home
| Average Price | $544,493 |
| Avg Bedrooms | 3.69 beds |
| Avg Bathrooms | 3.09 baths |
Average Price by Bedrooms
| 1 bedroom | $430,000 |
| 2 bedrooms | $370,763 |
| 3 bedrooms | $381,979 |
| 4 bedrooms | $499,398 |
| 5 bedrooms | $756,370 |
Richmond Home Price Trends
| 11/2024 | 10/2024 | 9/2024 | 8/2024 | 7/2024 | |
|---|---|---|---|---|---|
| Total Listings | 1,301 | 1,302 | 1,233 | 1,234 | 1,280 |
| Average Price | $546,066 | $556,344 | $580,952 | $578,456 | $571,930 |
| Avg Price Change | -1.88% | -4.42% | +0.43% | +1.14% | +1.10% |
| Median Price | $437,618 | $442,280 | $449,738 | $449,085 | $439,294 |
| Med Price Change | -1.07% | -1.69% | +0.15% | +2.23% | -1.04% |
| Avg Bedrooms | 3.69 beds | 3.71 beds | 3.71 beds | 3.67 beds | 3.66 beds |
| Avg Bathrooms | 3.09 baths | 3.1 baths | 3.09 baths | 2.99 baths | 2.92 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Foster High School | 345 | $581,433 | 81 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,317 | $544,493 | 83 days |
| Distressed Homes | 3 | $368,066 | 120 days |
| Multi-Million Dollar Homes | 81 | $1,875,720 | 174 days |
| Newly Built Homes | 516 | $511,663 | 78 days |
| Homes with a Pool | 102 | $1,040,457 | 73 days |
| Reduced Price Homes | 82 | $492,031 | 60 days |
