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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.

  • 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 per sq. ft. ($)

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    Median list price per 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 per sq. ft. ($)

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    Median sale price per 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).

  • 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 (%)
    The 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 (%)
    The percentage of all homes in Richmond Metro that were foreclosed in a given month. A foreclosure is when a homeowner loses their home to their lending institution or it is sold to a third party at an auction.

  • 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.
  • $200,100
  • -2.5% Y-o-Y
  • Calculated 08/02/2010*
  • *Includes data and transactions through 06/30/2010
 
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This data is not available for Richmond Metro.

RegionId
Region
M-o-M
Q-o-Q
Y-o-Y
Jun 2010
395022
Richmond Metro
0.7%
1.6%
-2.5%
200100
28204
Ashland
-0.8%
-1.7%
0.2%
201500
241610
Bellwood
-0.1%
-0.3%
-0.9%
165300
241650
Bensley
-0.4%
-1.3%
-7.9%
129300
35084
Bon Air
0.1%
0.2%
-5.7%
201700
30554
Bowling Green
242386
Chamberlayne
0.0%
0.2%
-3.1%
192700
24061
Chester
-0.0%
-0.2%
-4.1%
202500
44568
Chesterfield
-0.1%
-0.4%
-6.4%
160200
37968
Colonial Heights
243145
Dumbarton
0.1%
0.3%
-1.4%
158200
243200
East Highland Park
0.2%
0.6%
-6.9%
123500
24622
Ettrick
-0.3%
-1.1%
-8.1%
131600
31751
Glen Allen
0.2%
0.5%
-4.5%
206200
21864
Highland Springs
0.3%
0.9%
-2.2%
133900
35486
Hopewell
32403
Lakeside
0.2%
0.7%
-0.3%
161300
244955
Laurel
0.4%
1.2%
-1.4%
174900
42930
Louisa
39670
Matoaca
-0.2%
-1.0%
-10.9%
134200
12665
Mechanicsville
0.1%
0.6%
-2.1%
211100
12759
Mineral
25967
Montrose
0.4%
1.2%
-3.0%
127300
13265
Petersburg
20023
Port Royal
6752
Richmond
247357
Short Pump
34346
Tuckahoe
0.5%
1.5%
-1.9%
238300
248746
Wyndham
0.3%
0.9%
-1.6%
415900
Compare Metros Near Richmond Metro
Zillow Home Value Index Y-o-Y
Richmond Metro $200,100 -2.5%
Washington Metro $330,600 1.8%
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