Richmond Housing Information - Census

IndexRichmondVirginiaNational
Median home price$199,300$248,400$184,700
Median rent asked$916$1,135$949
Avg. people per household2.32.62.6
Owner occupied households41.4%65.8%63.6%
Renter occupied households58.6%34.2%36.4%

Richmond Housing Information - Zillow

IndexRichmondVirginiaNational
Zillow home value index$210,103$247,786$213,146
Year over year appreciation rate16.03%3.34%8.00%
5 year average appreciation rate7.59%3.25%6.57%
10 year average appreciation rate2.19%0.03%1.33%
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Did you know?

  • The median home price in Richmond is 8% higher than the national average.
  • The median rent asked in Richmond is 3% lower than the national average.
  • The average number of people per household in Richmond is 11% lower than the national average.
  • The number of owner occupied households in Richmond is 35% lower than the national average.
  • The number of renter occupied households in Richmond is 61% higher than the national average.

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Compare Richmond, VA Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Montrose, VA7,909$116,90037%
Bensley, VA6,031$131,90029%
Sandston, VA6,883$132,80028%
Bellwood, VA6,082$133,30028%
Highland Springs, VA16,276$136,70026%
Richmond, VA216,773$199,3008%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Boise, ID218,677$191,0003%
San Bernardino, CA214,581$176,8004%
Des Moines, IA212,859$119,80035%
Birmingham, AL212,424$87,10053%
Spokane, WA212,078$160,80013%
Richmond, VA216,773$199,3008%
Source: The Richmond, VA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.