Richmond Metro Home Prices and Home Values

  • Zillow Home Value Index

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    Zillow Home Value Index
    Mid-point of Zestimate valuations for Richmond Metro. Half the Zestimates are above this number and half are below it.
  • Median list price ($)

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    Median list price ($)
    Mid-point of the list price for homes listed on Zillow in Richmond Metro, or the asking price.
  • Median sale price ($)

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    Median sale price ($)
    Mid-point of the price homes have sold for in Richmond Metro. Half the homes sold above this number and half sold below.
  • Zillow Rent Index

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    Zillow Rent Index
    Mid-point of Rent Zestimates—Zillow's estimated monthly rent price—for homes in Richmond Metro. Half the Rent Zestimates are above this number and half are below it.
  • Median rent list price ($)

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    Median rent list price ($)
    Mid-point of the rental price for homes listed for rent on Zillow in the Richmond Metro. Half the homes have rent prices above this number and half are below.
  • Total homes sold

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    Total homes sold
    Total number of homes sold in Richmond Metro during the prior 30 days.
  • Median value per sq. ft. ($)

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    Median value per sq. ft. ($)
    Mid-point of the value of all homes in Richmond Metro, per square foot. This is derived by taking the Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Zestimate of $200k has a $200 value/sq foot).
  • Median list price / sq. ft. ($)

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    Median list price / sq. ft. ($)
    Mid-point of Richmond Metros list prices when divided by the square footage of a home (e.g. a 1,000 sq ft home with a list price of $200k has a list price/sq ft of $200).
  • Median sale price / sq. ft. ($)

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    Median sale price / sq. ft. ($)
    Mid-point of Richmond Metros sale prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sale price/sq ft of $200).
  • Rent estimate / sq. ft. ($)

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    Rent estimate / sq. ft. ($)
    Mid-point of the estimated monthly rent price of all homes in Richmond Metro, per square foot. This is derived by taking the Rent Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Rent Zestimate of $2000 per month has a $2 value/sq foot).
  • Median rent list price / sq. ft. ($)

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    Median rent list price / sq. ft. ($)
    Mid-point of Richmond Metros rent when divided by the square footage of a home (e.g. a 1,000 sq ft home with a rent of $1,200 has a rent/sq ft of $12).
  • Median sale-to-list price ratio

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    Median sale-to-list price ratio
    Mid-point of the ratio between the sale price and the list price for all homes in Richmond Metro (e.g. if a home with a list price of $200k sells for $250k, its ratio would be 5:4 or 1.25).
  • Listings with price cut (%)

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    Listings with price cut (%)
    The percentage of current listings on Zillow in Richmond Metro whose price has been reduced in the last 30 days.
  • Median price cut (%)

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    Median price cut (%)
    Mid-point of the percentage of price reduction for homes in Richmond Metro whose prices have been reduced in the past full month.
  • Sold for loss (%)

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    Sold for loss (%)
    The percentage of homes in Richmond Metro that sold for less than the previous purchase price (e.g. a home purchased for $250k and then sold for $225k). This excludes foreclosure transactions.
  • Sold for gain (%)

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    Sold for gain (%)
    The percentage of homes sold for more than their previous purchase price (e.g. a home purchased for $225k and then sold for $250k).
  • Homes foreclosed

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    Homes foreclosed
    Number of homes in Richmond Metro that have been foreclosed but not yet resold to a private party. Expressed as a ratio (foreclosed homes per 10,000 total homes). It does not include homes for which the foreclosure process has started but not yet finished.
  • Foreclosure re-sales (%)

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    Foreclosure re-sales (%)
    The percentage of home sales in a given month in Richmond Metro where the home was foreclosed upon within the previous 12 months (e.g. sales of bank-owned homes after the bank repossessed a home during a foreclosure).
  • Increasing values (%)

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    Increasing values (%)
    The percentage of homes in Richmond Metro whose values have increased in the past year.
  • Decreasing values (%)

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    Decreasing values (%)
    The percentage of all homes in Richmond Metro whose value has fallen in the last year.
  • Sold in past year (%)

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    Sold in past year (%)
    The percentage of all homes in Richmond Metro that were sold in the past 12 months.
  • $181,800
  • 2.7%Y-o-Y
  • Calculated 07/18/2014*
  • *Includes data and transactions through 06/30/2014
 
 
 
 
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This data is not available for Richmond Metro.

RegionId
Region
M-o-M
Q-o-Q
Y-o-Y
Jun 2014
395022
0.2%
0.1%
2.7%
181800
16757
28204
0.5%
2.0%
9.0%
211100
44003
42000
28359
1.0%
2.9%
10.3%
208500
241610
1.0%
1.0%
-0.4%
135800
241650
1.7%
3.4%
6.0%
122900
35084
0.5%
1.1%
3.3%
198800
30554
3.4%
8.6%
22.7%
175200
28322
0.8%
2.0%
2.7%
201800
3986
50354
242386
0.1%
-0.8%
0.1%
177200
41927
24061
0.7%
1.9%
2.0%
194400
44568
0.7%
3.1%
4.2%
210400
21602
37968
35157
31139
4361
29914
51721
11138
1.3%
2.9%
11.2%
210000
243145
-0.3%
-2.9%
-5.4%
135400
243200
1.0%
1.0%
2.6%
116700
45245
11470
0.9%
0.3%
16.0%
132100
31607
31751
0.2%
1.2%
4.7%
271800
16570
11757
18459
0.9%
2.3%
7.6%
210800
21864
1.2%
1.6%
-2.1%
105000
35486
18736
15438
5430
32403
-0.8%
-2.7%
-3.4%
145200
18948
244955
-0.7%
-2.5%
-5.5%
150000
50330
42930
0.1%
-0.9%
-3.2%
159700
43392
36770
19278
2.4%
6.8%
21.2%
129200
12665
0.1%
1.0%
3.6%
226300
53311
0.3%
1.3%
3.7%
243800
12730
4.1%
11.9%
18.2%
158400
12759
0.2%
0.5%
0.3%
219000
396473
-0.3%
0.6%
4.4%
232700
25967
0.6%
-1.0%
-10.3%
96600
42588
0.0%
-1.0%
3.5%
317900
35949
36176
13265
20023
16584
35762
6633
40479
43356
6752
0.6%
2.5%
4.5%
140700
57282
-0.8%
-3.6%
-0.4%
252000
20280
2.5%
5.9%
18.0%
171000
33859
0.1%
0.7%
0.3%
150200
36729
54371
49880
41143
34346
-0.1%
-0.7%
0.7%
241900
55008
27742
41590
34759
55224
49993
1.6%
3.1%
11.4%
164300
43172
 
Zillow Home Value IndexY-o-Y
Richmond Metro$181,8002.7%
Culpeper Metro$216,80023.0%
Charlottesville Metro$226,900-0.1%
Lexington Park Metro$270,4004.2%
Virginia Beach Metro$212,2004.3%
Washington Metro$356,5007.6%
Mortgage Rates
 
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