Richmond, VA—23219
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$353,000
2.9% YoY Growth
Household Income
$62,500
90.0% YoY Growth
Days on Market
69
15.0% Longer YoY
Home Price Forecast
1.8%
Median Rent
$1,350
3.3% YoY Growth
1-Bed Rent
$1,290
1.5% YoY Growth
2-Bed Rent
$1,650
4.1% YoY Growth
3-Bed Rent
$2,100
10.3% YoY Growth
Home Price Trends — Richmond, VA
As of Nov '25, the median home price in Richmond, VA is $353,000, with a year-over-year change of -2.9%. This indicates that home prices in Richmond, VA are decreasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $353,000 | -2.9% |
| Single Family | $494,000 | -2.4% |
| Condos | $316,000 | -4.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |