Richmond Home Prices and Home Values

Zillow Home Value Index
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Zillow Home Value Index
Mid-point of Zestimate valuations for Richmond. 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, 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. 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. 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. 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 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, 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 Richmonds 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 Richmonds 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, 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 Richmonds 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 (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 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 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 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 number of homes in the Richmond per 10,000 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 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 whose values have increased in the past year.
Decreasing values (%)
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Decreasing values (%)
The percentage of all homes in Richmond 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 that were sold in the past 12 months.

2.67%
-44.1%Y-o-Y

Calculated 05/15/2012^*
^*Includes data and transactions through 04/30/2012

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RegionId	Region	M-o-M	Q-o-Q	Y-o-Y	Apr 2012
6752	Richmond	-5.2%	-15.5%	-44.1%	2.67%
272895	Beaufont
272919	Bellemeade
272920	Bellevue	10.0%	12.8%	-8.3%	3.78%
272934	Belmont Woods
272935	Belt Center
272961	Biotech and MCV District
272977	Blackwell		-7.7%	-71.4%	1.97%
273017	Brauers
273043	British Camp Farms	0.0%		-52.2%	2.22%
273045	Broad Rock	-15.4%	-26.7%	-47.6%	2.68%
273046	Broad Rock Industrial Park
273047	Broad Rock Sports Complex
273060	Brookbury
273061	Brookhaven Farms
273065	Brookland Park	-11.1%	-15.8%	-61.0%	2.54%
273078	Bryan Park
276228	Byrd Park	-4.5%	0.0%	-4.5%	3.62%
273130	Capitol District
273136	Carillon	-5.9%	-5.9%		3.65%
273147	Carver	-20.0%	-36.8%	-64.7%	2.05%
273150	Carytown	-5.0%	-17.4%	-13.6%	4.55%
273174	Cedarhurst	7.7%	16.7%	-26.3%	2.85%
273204	Central Office
273210	Chamberlayne Industrial Center
273230	Cherry Gardens
273239	Chimborazo	-11.1%	20.0%	-14.3%	4.19%
273242	Chippenham Forest
242515	Church Hill	-7.5%	-19.6%	-35.1%	3.25%
273246	Church Hill North	-26.5%	-40.5%	-65.3%	2.16%
273258	City Center
273298	Cofer
273325	Colonial Place	4.8%	0.0%	-18.5%	4.44%
276276	Cottrell Farms	0.0%	0.0%	-7.7%	2.23%
273368	Country Club of Virginia
273397	Creighton
273420	Cullenwood
273436	Davee Gardens
273449	Deerbourne
273588	Eastview
273600	Edgewood
273627	Elkhardt
273668	Fairfield
276328	Fairmount	0.0%	-8.3%	-57.7%	2.20%
273710	Fawnbrook
276334	Forest Hill	-6.3%	0.0%	-42.3%	2.46%
273754	Forest Hill Terrace	-8.3%	0.0%	-56.0%	2.27%
273762	Forest View
276341	Fulton	-11.4%	-23.5%	-40.9%	2.44%
273822	Gilpin
243780	Ginter Park	-7.7%	-20.0%	-41.5%	3.01%
273823	Ginter Park Terrace
243905	Gravel Hill
273886	Green Park
273972	Hickory Hill
276374	Highland Park Southern Tip	0.0%	-19.2%	-25.0%	3.87%
274005	Highland Terrace
274026	Hillside Court
274032	Hioaks
276381	Hollywood Cemetery
274068	Huguenot	-12.5%	-41.7%	-60.4%	1.66%
274120	Jackson Ward	0.0%	8.3%	-48.0%	2.55%
274126	Jahnke
274132	Jeff Davis	-16.7%	-42.3%	-73.7%	1.33%
274146	John Marshall
274218	Laburnum Park
276434	Malvern Gardens	-7.7%	0.0%	-14.3%	5.12%
403132	Manchester
274441	Mary Munford	0.0%	-26.3%	-41.7%	2.76%
274448	Maury
274452	Maymont			-15.4%	2.67%
274453	Maymont Park
274465	McGuire	18.2%	18.2%	-38.1%	2.52%
274466	McGuire Manor	-7.7%	-7.7%		3.13%
274467	McGuire Veterans Hospital
274523	Midlothian
274576	Monroe Ward
276460	Monument Avenue Park	-12.5%	-6.7%	-22.2%	4.61%
274598	Mosby
274629	Museums
274675	Newtowne West
274713	North Highland Park	0.0%	7.4%	-46.3%	2.77%
274776	Northern Barton Heights	3.3%	-6.1%	-43.6%	3.30%
274790	Northrop
276489	Oak Grove
274865	Oakwood	-7.7%	-25.0%	-53.8%	2.56%
274867	Oakwood Cemetery
276501	Old Town Manchester
274924	Oregon Hill	11.8%	0.0%	-13.6%	3.75%
246270	Oxford	-13.3%	8.3%	-27.8%	2.51%
274985	Parnell Industrial Area
275014	Peter Paul
275027	Pine Camp
275038	Piney Knolls
275060	Pocoshock
275085	Powhite Park
275102	Providence Park	8.3%	0.0%	-51.9%	2.15%
275134	Randolph	-19.0%	-22.7%	-52.8%	1.81%
275148	Reedy Creek
275249	Rosedale	-4.8%	-4.8%	25.0%	4.23%
275310	Sauer's Gardens	0.0%	8.3%	8.3%	3.83%
275322	Scott's Addition
275365	Sherwood Park
275369	Shockoe Bottom
275433	South Garden
275466	Southampton
275478	Southern Barton Heights
275507	Southwood
275555	Stadium
275593	Stonewall Court	-6.7%	-12.5%	-12.5%	3.83%
275595	Stony Point
247700	Stratford Hills	0.0%	0.0%	-15.0%	3.45%
275646	Swansboro
275647	Swansboro West	0.0%	6.2%	-50.0%	2.44%
275648	Swanson
276603	The Diamond
275702	The Fan	-8.3%	-15.4%	-32.0%	4.30%
275714	The Museum District	-1.8%	-14.5%	-45.4%	3.33%
275740	Three Chopt	-5.8%	-10.9%	-43.0%	3.64%
275799	Union Hill	-5.9%	-15.8%	-5.9%	3.18%
276617	University of Richmond
275831	Upper Shockoe Valley
275852	VCU
276633	Virginia Union
275911	Walmsley	0.0%	-7.7%	-7.7%	2.35%
248278	Warwick
275928	Washington Park
29365	Westhampton
276025	Westlake Hills
276031	Westover	8.3%	8.3%	-60.6%	1.98%
248445	Westover Hills	-12.0%	-15.4%	-33.3%	4.08%
276033	Westover Hills West
276082	Willow Lawn	-2.5%	2.6%	21.9%	7.37%
276083	Willow Oaks
276094	Wilton	-5.6%	-15.0%	13.3%	4.00%
276098	Windsor
248613	Windsor Farms	-22.2%	-26.3%	-41.7%	2.27%
276126	Woodhaven
276134	Woodland Heights	-6.5%	-14.7%	-3.3%	4.03%
276671	Woodville
276156	Worthington