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.
  • $180,100
  • 3.2%Y-o-Y
  • Calculated 03/17/2014*
  • *Includes data and transactions through 02/28/2014
 
 
 
 
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This data is not available for Richmond Metro.

RegionId
Region
M-o-M
Q-o-Q
Y-o-Y
Feb 2014
395022
0.2%
0.5%
3.2%
180100
16757
28204
0.9%
2.0%
6.7%
202000
44003
42000
28359
0.8%
2.1%
5.3%
197300
241610
-0.1%
-0.1%
0.0%
134000
241650
0.3%
0.4%
6.2%
117500
35084
0.6%
1.8%
4.2%
193400
30554
1.9%
7.2%
10.6%
157100
28322
0.6%
2.1%
7.8%
205700
3986
50354
242386
-0.1%
-0.2%
1.0%
176000
41927
24061
0.0%
0.1%
1.7%
188100
44568
0.3%
0.6%
2.0%
200100
21602
37968
35157
31139
4361
29914
51721
11138
0.9%
2.0%
5.9%
200100
243145
-0.8%
-2.8%
0.4%
138900
243200
-0.2%
-0.8%
0.4%
113100
45245
11470
31607
31751
0.1%
0.1%
2.3%
262500
16570
11757
18459
0.8%
1.9%
3.2%
201300
21864
-0.8%
-2.3%
-7.1%
102000
35486
18736
15438
5430
32403
-0.9%
-2.4%
0.1%
148000
18948
244955
-0.7%
-2.3%
-0.4%
153400
42930
1.8%
2.8%
3.3%
166700
43392
36770
19278
12665
0.4%
0.7%
3.0%
219300
53311
0.5%
1.6%
3.9%
236600
12730
0.5%
2.7%
3.9%
139200
12759
1.1%
4.0%
3.7%
226100
396473
0.3%
0.9%
4.5%
228100
25967
-1.7%
-5.8%
-11.2%
97200
42588
0.3%
1.5%
9.3%
317100
35949
36176
13265
20023
16584
35762
6633
40479
43356
6752
0.0%
-0.1%
6.3%
140300
57282
1.6%
1.8%
4.6%
254300
20280
1.1%
4.5%
13.0%
158700
33859
-0.1%
-1.0%
-2.5%
146200
36729
54371
49880
41143
34346
0.0%
-0.1%
2.7%
239700
55008
27742
41590
34759
55224
49993
0.6%
2.7%
8.7%
155900
43172
 
Zillow Home Value IndexY-o-Y
Richmond Metro$180,1003.2%
Culpeper Metro$187,80012.2%
Charlottesville Metro$240,0006.7%
Lexington Park Metro$257,7000.9%
Virginia Beach Metro$207,9004.1%
Washington Metro$344,9008.1%
Mortgage Rates