Richmond city

Real Estate in Richmond, VA

Ready to move to Richmond, VA? Click below to learn more about recent housing trends, average home values and other real estate insights .

Real Estate Overview

So you want to move to Richmond, VA, but aren’t sure if you can afford the housing costs? Here’s what you need to know: The median home price in Richmond is $193,700, while the median rent for a one bedroom apartment is $896 . The median salary in Richmond, VA, is $40,758, and depending on how yours compares, it should help you determine which housing option is best for you.

Property Values in Richmond, VA

  $1,000,000 or More 2.4%
  $50k to $99k 14%
  $100k to $149k 17.2%
  $200k to $299k 21.6%
  $300k to $499k 16.1%
  $500k to $999k 8.3%
  Less than $50k 3.9%

$193700
Median Home Price
in Richmond, VA

Monthly Rent in Richmond, VA

Property Tax (with Mortgage) in Richmond, VA

$1.5k to $2k 21.6%
$1k to $1.5k 33.1%
$2.5k to $3k 5.8%
$2k to $2.5k 11.3%
Property Tax $3k or more 8.8%
$500 to $999 18.1%

$1463
Median Property Tax
in Richmond, VA

Property Tax (without Mortgage) in Richmond, VA

$1k or More 10.4%
$250 to $399 20.6%
$400 to $599 31%
$600 to $799 23.5%
$800 to $999 9.4%
Less than $250 5.1%
Property Tax Less $0.5k 1.4%

$193700
Median Propery Value
in Richmond, VA

$896
Median Rent
in Richmond, VA