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Richmond, VA Real Estate & Property Data

Richmond Real Estate Market Trends
Last Updated: April 27, 2024

Accurate and comprehensive real estate data is critical for insight into Richmond, VA. ATTOM’s Richmond real estate data is updated daily, and current market trends show that in Richmond, VA a total of 6,119 residential properties have sold over the past year. With a median home price of $340,000 in Richmond and a total of 18 foreclosures. Get detailed property data for Richmond, VA instantly. ATTOM is your one-stop-shop for the Richmond property reports and real estate data you need in Richmond, VA.

Richmond Real Estate Market Trends
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    • Zip Code: 60093
    • City: Chicago, IL
    • Address: 123 Main St, Chicago, IL
Total Residential Properties 120,233
Total Commercial Properties 9,545
Avg. Home Age (Single Family Home) 60 Years
Avg. Square Feet (Single Family Home) 1,726
Total 2024 Residential Sales (year-to-date) 710
% of Homes Seriously Underwater (Q2 2024) 1.01%
Total 2023 Residential Sales 5,758
% of Equity Rich Homes (Q2 2024) 42.14%
Effective 2023 Property Tax 0.73%
Total Foreclosure Filings (year-to-date) 29
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Richmond, VA Real Estate Overview

There were 6,119 residential properties sold in the past year in Richmond, VA. The median home value in Richmond, VA is $313,529. There are a total of 120,233 residential properties in the Richmond.

Median Sales Price i
$340,000
(Feb 2024)
+6.8%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 $340,000
  • January '24 Jan '24 $327,432
  • December '23 Dec '23 $327,000
  • November '23 Nov '23 $330,000
  • October '23 Oct '23 $332,500
  • September '23 Sep '23 $329,500
  • August '23 Aug '23 $330,000
  • July '23 Jul '23 $336,500
  • June '23 Jun '23 $339,950
  • May '23 May '23 $350,000
  • April '23 Apr '23 $320,000
  • March '23 Mar '23 $300,000
Median Down Payment i
$41,219
(Feb 2024)
+15.1%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 $41,219
  • January '24 Jan '24 $42,502
  • December '23 Dec '23 $28,318
  • November '23 Nov '23 $38,490
  • October '23 Oct '23 $41,000
  • September '23 Sep '23 $33,500
  • August '23 Aug '23 $31,075
  • July '23 Jul '23 $38,750
  • June '23 Jun '23 $44,600
  • May '23 May '23 $42,000
  • April '23 Apr '23 $44,616
  • March '23 Mar '23 $41,000
Number of Homes Sold i
403
(Feb 2024)
+5.2%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 403
  • January '24 Jan '24 307
  • December '23 Dec '23 500
  • November '23 Nov '23 429
  • October '23 Oct '23 467
  • September '23 Sep '23 463
  • August '23 Aug '23 519
  • July '23 Jul '23 485
  • June '23 Jun '23 654
  • May '23 May '23 557
  • April '23 Apr '23 445
  • March '23 Mar '23 507
Number of Purchase Loans i
275
(Feb 2024)
+3.8%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 275
  • January '24 Jan '24 221
  • December '23 Dec '23 361
  • November '23 Nov '23 324
  • October '23 Oct '23 347
  • September '23 Sep '23 330
  • August '23 Aug '23 362
  • July '23 Jul '23 399
  • June '23 Jun '23 466
  • May '23 May '23 422
  • April '23 Apr '23 345
  • March '23 Mar '23 368
Number of REFI Loans i
226
(Feb 2024)
+24.9%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 226
  • January '24 Jan '24 228
  • December '23 Dec '23 231
  • November '23 Nov '23 185
  • October '23 Oct '23 179
  • September '23 Sep '23 163
  • August '23 Aug '23 264
  • July '23 Jul '23 183
  • June '23 Jun '23 208
  • May '23 May '23 218
  • April '23 Apr '23 164
  • March '23 Mar '23 209
Number of HELOC Loans i
85
(Feb 2024)
-1.2%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 85
  • January '24 Jan '24 93
  • December '23 Dec '23 88
  • November '23 Nov '23 98
  • October '23 Oct '23 95
  • September '23 Sep '23 96
  • August '23 Aug '23 134
  • July '23 Jul '23 82
  • June '23 Jun '23 114
  • May '23 May '23 86
  • April '23 Apr '23 101
  • March '23 Mar '23 106

Richmond, VA Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Richmond, VA Foreclosure Activity

There were a total of 18 Richmond, VA properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 18 Richmond, VA properties and repossessed 2 Richmond, VA properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
18
(Feb 2024)
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 18
  • January '24 Jan '24 11
  • December '23 Dec '23 26
  • November '23 Nov '23 30
  • October '23 Oct '23 28
  • September '23 Sep '23 27
  • August '23 Aug '23 36
  • July '23 Jul '23 23
  • June '23 Jun '23 24
  • May '23 May '23 25
  • April '23 Apr '23 24
  • March '23 Mar '23 42
Foreclosure Starts i
18
(Feb 2024)
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 18
  • January '24 Jan '24 11
  • December '23 Dec '23 26
  • November '23 Nov '23 30
  • October '23 Oct '23 28
  • September '23 Sep '23 27
  • August '23 Aug '23 36
  • July '23 Jul '23 23
  • June '23 Jun '23 24
  • May '23 May '23 25
  • April '23 Apr '23 24
  • March '23 Mar '23 42
Completed Foreclosures (REOs) i
2
(Feb 2024)
+100%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 2
  • January '24 Jan '24 3
  • December '23 Dec '23 7
  • November '23 Nov '23 2
  • October '23 Oct '23 1
  • September '23 Sep '23 1
  • August '23 Aug '23 2
  • July '23 Jul '23 N/A
  • June '23 Jun '23 3
  • May '23 May '23 4
  • April '23 Apr '23 1
  • March '23 Mar '23 1
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