Richmond, VA—23235
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$397,000
0.4% YoY Growth
Household Income
$90,000
16.5% YoY Growth
Days on Market
39
1.0% Longer YoY
Home Price Forecast
2.2%
Median Rent
$1,740
20.2% YoY Growth
1-Bed Rent
$1,700
N/A
2-Bed Rent
$1,740
15.1% YoY Growth
3-Bed Rent
$2,400
2.1% YoY Growth
Home Price Trends — Richmond, VA
As of Nov '25, the median home price in Richmond, VA is $397,000, with a year-over-year change of 0.4%. This indicates that home prices in Richmond, VA are flat. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $397,000 | 0.4% |
| Single Family | $400,000 | 0.5% |
| Condos | $261,000 | 0.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |