Richmond City County, VA Real Estate & Property Data

Richmond City County Real Estate Market Trends
Last Updated: March 19, 2024

With up-to-date real estate data get detailed insight into Richmond City County, VA sourced from the nation’s leading property data provider. The current median home price in Richmond City County, VA is $327,500. Richmond City County real estate data shows that there have been a total of 3,482 residential properties sold over the past 12 months. ATTOM’s Richmond City County real estate data indicates that the county has 4 properties in foreclosure and 1 REOs (real estate bank owned) properties.

Richmond City County Real Estate Market Trends
Total Residential Properties 60,418
Total Commercial Properties 6,709
Avg. Home Age (Single Family Home) 73 Years
Avg. Square Feet (Single Family Home) 1,676
Total 2024 Residential Sales (year-to-date) 175
% of Homes Seriously Underwater (Q1 2024) 1.27%
Total 2023 Residential Sales 3,307
% of Equity Rich Homes (Q1 2024) 40.72%
Effective 2023 Property Tax 0.72%
Total Foreclosure Filings (year-to-date) 4
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Richmond City County, VA Real Estate Overview

There were 3,482 residential properties sold in the past year in Richmond City County, VA. The median home value in Richmond City County, VA is $333,741. There are a total of 60,418 residential properties in the Richmond City.

Median Sales Price i
$327,500
(Jan 2024)
+36.5%
year-over-year
y-o-y
  • January '24 Jan '24 $327,500
  • December '23 Dec '23 $320,000
  • November '23 Nov '23 $325,000
  • October '23 Oct '23 $320,000
  • September '23 Sep '23 $345,000
  • August '23 Aug '23 $327,640
  • July '23 Jul '23 $355,000
  • June '23 Jun '23 $349,950
  • May '23 May '23 $355,000
  • April '23 Apr '23 $348,750
  • March '23 Mar '23 $292,725
  • February '23 Feb '23 $329,975
Median Down Payment i
$50,000
(Jan 2024)
+60.6%
year-over-year
y-o-y
  • January '24 Jan '24 $50,000
  • December '23 Dec '23 $29,450
  • November '23 Nov '23 $55,000
  • October '23 Oct '23 $49,750
  • September '23 Sep '23 $50,000
  • August '23 Aug '23 $49,000
  • July '23 Jul '23 $52,500
  • June '23 Jun '23 $55,000
  • May '23 May '23 $46,000
  • April '23 Apr '23 $50,000
  • March '23 Mar '23 $50,000
  • February '23 Feb '23 $40,000
Number of Homes Sold i
175
(Jan 2024)
-6.4%
year-over-year
y-o-y
  • January '24 Jan '24 175
  • December '23 Dec '23 307
  • November '23 Nov '23 251
  • October '23 Oct '23 272
  • September '23 Sep '23 260
  • August '23 Aug '23 274
  • July '23 Jul '23 269
  • June '23 Jun '23 374
  • May '23 May '23 344
  • April '23 Apr '23 252
  • March '23 Mar '23 296
  • February '23 Feb '23 221
Number of Purchase Loans i
121
(Jan 2024)
-4%
year-over-year
y-o-y
  • January '24 Jan '24 121
  • December '23 Dec '23 214
  • November '23 Nov '23 188
  • October '23 Oct '23 199
  • September '23 Sep '23 175
  • August '23 Aug '23 180
  • July '23 Jul '23 218
  • June '23 Jun '23 245
  • May '23 May '23 246
  • April '23 Apr '23 179
  • March '23 Mar '23 211
  • February '23 Feb '23 155
Number of REFI Loans i
100
(Jan 2024)
+44.9%
year-over-year
y-o-y
  • January '24 Jan '24 100
  • December '23 Dec '23 112
  • November '23 Nov '23 74
  • October '23 Oct '23 72
  • September '23 Sep '23 55
  • August '23 Aug '23 97
  • July '23 Jul '23 69
  • June '23 Jun '23 91
  • May '23 May '23 100
  • April '23 Apr '23 70
  • March '23 Mar '23 78
  • February '23 Feb '23 82
Number of HELOC Loans i
55
(Jan 2024)
+12.2%
year-over-year
y-o-y
  • January '24 Jan '24 55
  • December '23 Dec '23 36
  • November '23 Nov '23 52
  • October '23 Oct '23 50
  • September '23 Sep '23 55
  • August '23 Aug '23 76
  • July '23 Jul '23 48
  • June '23 Jun '23 63
  • May '23 May '23 44
  • April '23 Apr '23 43
  • March '23 Mar '23 51
  • February '23 Feb '23 57

Richmond City County, VA Real Estate Market Overview

Last 30 days
  • City
    Median Est. Value

Richmond City County, VA Foreclosure Activity

There were a total of 4 Richmond City County, VA properties with a foreclosure filing in January 2024. Lenders started the foreclosure process on 4 Richmond City County, VA properties and repossessed 1 Richmond City County, VA properties through completed foreclosures (REOs) in January 2024.

Total Foreclosure Filings i
4
(Jan 2024)
-66.7%
year-over-year
y-o-y
  • January '24 Jan '24 4
  • December '23 Dec '23 7
  • November '23 Nov '23 14
  • October '23 Oct '23 11
  • September '23 Sep '23 9
  • August '23 Aug '23 12
  • July '23 Jul '23 8
  • June '23 Jun '23 9
  • May '23 May '23 8
  • April '23 Apr '23 6
  • March '23 Mar '23 18
  • February '23 Feb '23 7
Foreclosure Starts i
4
(Jan 2024)
-66.7%
year-over-year
y-o-y
  • January '24 Jan '24 4
  • December '23 Dec '23 7
  • November '23 Nov '23 14
  • October '23 Oct '23 11
  • September '23 Sep '23 9
  • August '23 Aug '23 12
  • July '23 Jul '23 8
  • June '23 Jun '23 9
  • May '23 May '23 8
  • April '23 Apr '23 6
  • March '23 Mar '23 18
  • February '23 Feb '23 7
Completed Foreclosures (REOs) i
1
(Jan 2024)
year-over-year
y-o-y
  • January '24 Jan '24 1
  • December '23 Dec '23 2
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 1
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 1
  • May '23 May '23 2
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
  • February '23 Feb '23 N/A
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