Richmond, VA—23226
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$563,000
1.8% YoY Growth
Household Income
$127,000
35.8% YoY Growth
Days on Market
37
5.0% Longer YoY
Home Price Forecast
1.9%
Median Rent
$2,200
2.1% YoY Growth
1-Bed Rent
$1,950
N/A
2-Bed Rent
$2,200
4.1% YoY Growth
3-Bed Rent
$2,300
3.6% YoY Growth
Home Price Trends — Richmond, VA
As of Nov '25, the median home price in Richmond, VA is $563,000, with a year-over-year change of 1.8%. This indicates that home prices in Richmond, VA are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $563,000 | 1.8% |
| Single Family | $565,000 | 1.6% |
| Condos | $545,000 | 3.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |