Richmond, VA—23236
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$380,000
0.3% YoY Growth
Household Income
$109,000
41.5% YoY Growth
Days on Market
46
30.0% Longer YoY
Home Price Forecast
2.1%
Median Rent
$2,350
7.1% YoY Growth
1-Bed Rent
$1,210
38.9% YoY Growth
2-Bed Rent
$1,500
4.1% YoY Growth
3-Bed Rent
$2,200
3.2% YoY Growth
Home Price Trends — Richmond, VA
As of Nov '25, the median home price in Richmond, VA is $380,000, with a year-over-year change of 0.3%. This indicates that home prices in Richmond, VA are flat. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $380,000 | 0.3% |
| Single Family | $378,000 | 0.3% |
| Condos | $402,000 | 2.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |