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32%
Med. Home Val. NAT. AVG.
13%
Rent NAT. AVG.
31%
Owner Occ. NAT. AVG.
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Richmond Housing Information

IndexRichmondVirginiaNational
Median home price$244,200$248,400$184,700
Median rent asked$1,070$1,135$949
Avg. people per household2.42.62.6
Owner occupied households43.7%65.8%63.6%
Renter occupied households56.3%34.2%36.4%
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Housing Quick Facts

  • The median home price in Richmond is 32% higher than the national average.
  • The median rent asked in Richmond is 13% higher than the national average.
  • The average number of people per household in Richmond is 8% lower than the national average.
  • The number of owner occupied households in Richmond is 31% lower than the national average.
  • The number of renter occupied households in Richmond is 55% higher than the national average.

Compare Richmond, VA Housing

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Montrose, VA7,639$119,60035%
      Bensley, VA6,044$141,50023%
      Bellwood, VA7,808$142,10023%
      Sandston, VA6,833$148,20020%
      Highland Springs, VA15,000$151,00018%
      Richmond, VA229,233$244,20032%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Boise, ID228,057$282,90053%
      Hialeah, FL233,876$256,90039%
      Fremont, CA234,829$999,500441%
      Baton Rouge, LA222,191$185,0000%
      Arlington, VA236,434$731,700296%
      Richmond, VA229,233$244,20032%
      Source: The Richmond, VA housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).