Richmond, VA 23225 Real Estate & Property Data

Richmond, VA 23225 Real Estate Market Trends
Last Updated: April 23, 2024

A total of 556 residential properties have been sold over the past 12 months in 23225. With a median sales price of $402,500 in 23225. Discover market trends and get the granular level real estate data for Richmond, VA 23225 to keep your pulse on the housing market. Curate compelling home reports for Richmond, VA 23225 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Richmond, VA 23225 Real Estate Market Trends
Total Residential Properties 10,699
Total Commercial Properties 697
Avg. Home Age (Single Family Home) 63 Years
Avg. Square Feet (Single Family Home) 1,620
Total 2024 Residential Sales (year-to-date) 56
% of Homes Seriously Underwater (Q2 2024) 0.76%
Total 2023 Residential Sales 527
% of Equity Rich Homes (Q2 2024) 44.53%
Effective 2023 Property Tax 0.71%
Total Foreclosure Filings (year-to-date) 1
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Richmond, VA 23225 Real Estate Overview

There were 556 residential properties sold in the past year in Richmond, VA 23225. The median home value in Richmond, VA 23225 is $335,582. There are a total of 10,699 residential properties in the 23225.

Median Sales Price i
$402,500
(Feb 2024)
+18.6%
year-over-year
y-o-y
  • February '24 Feb '24 $402,500
  • January '24 Jan '24 $408,750
  • December '23 Dec '23 $338,500
  • November '23 Nov '23 $324,500
  • October '23 Oct '23 $320,000
  • September '23 Sep '23 $354,500
  • August '23 Aug '23 $334,500
  • July '23 Jul '23 $363,500
  • June '23 Jun '23 $350,000
  • May '23 May '23 $350,000
  • April '23 Apr '23 $379,500
  • March '23 Mar '23 $337,750
Median Down Payment i
$52,019
(Feb 2024)
+15.6%
year-over-year
y-o-y
  • February '24 Feb '24 $52,019
  • January '24 Jan '24 $72,187
  • December '23 Dec '23 $31,500
  • November '23 Nov '23 $66,650
  • October '23 Oct '23 $45,000
  • September '23 Sep '23 $40,000
  • August '23 Aug '23 $49,050
  • July '23 Jul '23 $25,250
  • June '23 Jun '23 $55,000
  • May '23 May '23 $43,000
  • April '23 Apr '23 $59,175
  • March '23 Mar '23 $51,595
Number of Homes Sold i
32
(Feb 2024)
+3.2%
year-over-year
y-o-y
  • February '24 Feb '24 32
  • January '24 Jan '24 24
  • December '23 Dec '23 61
  • November '23 Nov '23 38
  • October '23 Oct '23 43
  • September '23 Sep '23 46
  • August '23 Aug '23 45
  • July '23 Jul '23 43
  • June '23 Jun '23 57
  • May '23 May '23 59
  • April '23 Apr '23 37
  • March '23 Mar '23 40
Number of Purchase Loans i
24
(Feb 2024)
+9.1%
year-over-year
y-o-y
  • February '24 Feb '24 24
  • January '24 Jan '24 15
  • December '23 Dec '23 48
  • November '23 Nov '23 34
  • October '23 Oct '23 34
  • September '23 Sep '23 34
  • August '23 Aug '23 27
  • July '23 Jul '23 32
  • June '23 Jun '23 36
  • May '23 May '23 40
  • April '23 Apr '23 27
  • March '23 Mar '23 31
Number of REFI Loans i
20
(Feb 2024)
+25%
year-over-year
y-o-y
  • February '24 Feb '24 20
  • January '24 Jan '24 19
  • December '23 Dec '23 21
  • November '23 Nov '23 19
  • October '23 Oct '23 16
  • September '23 Sep '23 13
  • August '23 Aug '23 18
  • July '23 Jul '23 16
  • June '23 Jun '23 18
  • May '23 May '23 18
  • April '23 Apr '23 11
  • March '23 Mar '23 15
Number of HELOC Loans i
11
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 11
  • January '24 Jan '24 10
  • December '23 Dec '23 6
  • November '23 Nov '23 9
  • October '23 Oct '23 6
  • September '23 Sep '23 14
  • August '23 Aug '23 12
  • July '23 Jul '23 7
  • June '23 Jun '23 10
  • May '23 May '23 7
  • April '23 Apr '23 7
  • March '23 Mar '23 7

Richmond, VA 23225 Foreclosure Activity

Total Foreclosure Filings i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 1
  • December '23 Dec '23 2
  • November '23 Nov '23 5
  • October '23 Oct '23 2
  • September '23 Sep '23 3
  • August '23 Aug '23 2
  • July '23 Jul '23 2
  • June '23 Jun '23 1
  • May '23 May '23 N/A
  • April '23 Apr '23 2
  • March '23 Mar '23 6
Foreclosure Starts i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 1
  • December '23 Dec '23 2
  • November '23 Nov '23 5
  • October '23 Oct '23 2
  • September '23 Sep '23 3
  • August '23 Aug '23 2
  • July '23 Jul '23 2
  • June '23 Jun '23 1
  • May '23 May '23 N/A
  • April '23 Apr '23 2
  • March '23 Mar '23 6
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