Home Values

Richmond Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Richmond is None.

Foreclosures will be a factor impacting home values in the next several years. In Richmond 1.0 homes are foreclosed (per 10,000). This is lower than the national value of 3.9

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Richmond is 3.3%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Richmond homeowners underwater on their mortgage is 20.5%.

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Relative ZHVI
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Richmond Market Overview

Data through Apr 30, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • $149,706 Median sale price
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Richmond Market Health

Data through Apr 30, 2015
  • No recent data
  • No data Average days on Zillow
  • 20.5% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 3.3% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Nearby Cities

Name Median ZHVI
Lexington $141,100
Wilmore $126,600
Nicholasville $121,000

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $96 Median sale price / sq ft
  • No data Listings with price cut
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Richmond Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,116 Richmond
    $1,001 Richmond Metro
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • No data Rent list price
  • $0.67 Rent list price / sq ft
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