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Richmond

Why you'd want to live in Richmond

In Richmond’s most coveted areas—Monument Avenue, the Fan District, the Museum District, Windsor Farms, Westhampton, Byrd Park, and the Cary Street Road corridor—luxury is expressed through timeless architecture, curated updates, and the quality of life these communities afford. Richmond’s Architectural Heritage, Reimagined True luxury in Richmond often appears as a Monument Avenue architectural masterpiece, a high-end Fan District renovation, or a groomed brick Georgian Revival home thoughtfully updated with modern conveniences. These homes blend preserved historical details—original millwork, plaster, fireplaces, ironwork—with refined upgrades that enhance comfort and function. Buyers seeking luxury homes in the Fan District, updated Museum District homes with modern amenities, or fully renovated Georgian homes in Richmond value both the architectural integrity and the elevated lifestyle these properties provide. via visitrichmondva.com

Richmond Market Report

$504,510

AVERAGE PRICE OF 903 HOMES

$1,799,222

AVERAGE PRICE OF 58 MULTI-MILLION DOLLAR HOMES

$528,949

AVERAGE PRICE OF 168 NEWLY BUILT HOMES

$1,358,533

AVERAGE PRICE OF 25 HOMES WITH A POOL

Average Home

Average Price $504,510
Avg Bedrooms 3.16 beds
Avg Bathrooms 2.55 baths

Average Price by Bedrooms

1 bedroom $246,430
2 bedrooms $315,456
3 bedrooms $442,442
4 bedrooms $611,937
5 bedrooms $1,037,000
Richmond Home Price Trends
  9/2026 8/2026 7/2026 6/2026 5/2026
Total Listings n/a 832 872 n/a n/a
Average Price n/a $495,677 $524,985 n/a n/a
Avg Price Change n/a -5.91% n/a n/a n/a
Median Price n/a $375,794 $392,439 n/a n/a
Med Price Change n/a -4.43% n/a n/a n/a
Avg Bedrooms n/a 3.11 beds 3.11 beds n/a n/a
Avg Bathrooms n/a 2.53 baths 2.55 baths n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Armstrong 170 $398,108 69 days
Huguenot 128 $507,132 58 days
John Marshall 124 $405,037 59 days
Richmond High School For The Arts 98 $312,709 50 days
Thomas Jefferson 198 $763,724 58 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 903 $504,510 58 days
Multi-Million Dollar Homes 58 $1,799,222 55 days
Newly Built Homes 168 $528,949 89 days
Homes with a Pool 25 $1,358,533 61 days
Listings Last Updated: October 9, 2026 Feed Last Updated: October 9, 2026

All or a portion of the multiple Listing information is provided by the Virginia MLS Cooperative, from a copyrighted compilation of Listings. All Virginia MLS Cooperative information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2026 Virginia MLS Cooperative. All rights reserved.

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