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Richmond
  • City in Virginia

Richmond Real Estate Market

About Richmond Real Estate

Housing
grade C minus
Based on home values, property taxes, housing costs, local schools, and more.
Area Feel
Urban Suburban Mix
Rent vs. Own
  • Rent
    57%
  • Own
    43%
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Map

Home Listings

Listings by Ojo

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Real Estate Costs

Median Home Value
$263,000
National
$244,900
Home Values
  • <$50k
    2%
  • $50-$99k
    8%
  • $100-$199k
    26%
  • $200-$399k
    37%
  • $400-$749k
    19%
  • $750k+
    8%
Median Rent
$1,132
National
$1,163
Monthly Rent
  • <$500
    11%
  • $500-$999
    26%
  • $1,000-$1,499
    42%
  • $1,500-$1,999
    16%
  • $2,000+
    5%
54%
of residents say housing is affordable. 35 responses

Home Quality

Poll
49%
of residents say the exterior quality of homes is good or excellent. 35 responses
Poll
57%
of residents say the interior quality of homes is good or excellent. 35 responses
63%
of residents say there is a good variety of homes. 35 responses
74%
of residents say there are a few vacant or abandoned properties here and there. 35 responses
43%
of residents say that parking is readily available. 35 responses

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Overview

Homes in Richmond have a median value of $263,000. The median rent price in Richmond is $1,132 and most residents rent their homes. Richmond is very walkable, and there are a lot of restaurants, coffee shops, and parks nearby.

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