Richmond, VA 23221 Real Estate & Property Data

Richmond, VA 23221 Real Estate Market Trends
Last Updated: April 20, 2024

A total of 239 residential properties have been sold over the past 12 months in 23221. With a median sales price of $570,250 in 23221. Discover market trends and get the granular level real estate data for Richmond, VA 23221 to keep your pulse on the housing market. Curate compelling home reports for Richmond, VA 23221 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Richmond, VA 23221 Real Estate Market Trends
Total Residential Properties 5,093
Total Commercial Properties 515
Avg. Home Age (Single Family Home) 85 Years
Avg. Square Feet (Single Family Home) 2,099
Total 2024 Residential Sales (year-to-date) 29
% of Homes Seriously Underwater (Q2 2024) 0.45%
Total 2023 Residential Sales 220
% of Equity Rich Homes (Q2 2024) 47.48%
Effective 2023 Property Tax 0.76%
Total Foreclosure Filings (year-to-date) N/A
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Richmond, VA 23221 Real Estate Overview

There were 239 residential properties sold in the past year in Richmond, VA 23221. The median home value in Richmond, VA 23221 is $583,716. There are a total of 5,093 residential properties in the 23221.

Median Sales Price i
$570,250
(Feb 2024)
-7.8%
year-over-year
y-o-y
  • February '24 Feb '24 $570,250
  • January '24 Jan '24 $600,000
  • December '23 Dec '23 $565,000
  • November '23 Nov '23 $780,000
  • October '23 Oct '23 $566,000
  • September '23 Sep '23 $575,000
  • August '23 Aug '23 $1,049,950
  • July '23 Jul '23 $627,500
  • June '23 Jun '23 $675,000
  • May '23 May '23 $847,000
  • April '23 Apr '23 $656,000
  • March '23 Mar '23 $590,000
Median Down Payment i
$41,250
(Feb 2024)
-74%
year-over-year
y-o-y
  • February '24 Feb '24 $41,250
  • January '24 Jan '24 $125,805
  • December '23 Dec '23 $113,000
  • November '23 Nov '23 $156,000
  • October '23 Oct '23 $131,000
  • September '23 Sep '23 $132,000
  • August '23 Aug '23 $323,750
  • July '23 Jul '23 $73,000
  • June '23 Jun '23 $117,500
  • May '23 May '23 $257,500
  • April '23 Apr '23 $175,000
  • March '23 Mar '23 $100,000
Number of Homes Sold i
15
(Feb 2024)
+114.3%
year-over-year
y-o-y
  • February '24 Feb '24 15
  • January '24 Jan '24 14
  • December '23 Dec '23 20
  • November '23 Nov '23 19
  • October '23 Oct '23 21
  • September '23 Sep '23 15
  • August '23 Aug '23 16
  • July '23 Jul '23 19
  • June '23 Jun '23 31
  • May '23 May '23 24
  • April '23 Apr '23 24
  • March '23 Mar '23 14
Number of Purchase Loans i
8
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 8
  • January '24 Jan '24 11
  • December '23 Dec '23 14
  • November '23 Nov '23 13
  • October '23 Oct '23 15
  • September '23 Sep '23 7
  • August '23 Aug '23 10
  • July '23 Jul '23 10
  • June '23 Jun '23 19
  • May '23 May '23 13
  • April '23 Apr '23 17
  • March '23 Mar '23 11
Number of REFI Loans i
5
(Feb 2024)
+400%
year-over-year
y-o-y
  • February '24 Feb '24 5
  • January '24 Jan '24 2
  • December '23 Dec '23 5
  • November '23 Nov '23 3
  • October '23 Oct '23 3
  • September '23 Sep '23 N/A
  • August '23 Aug '23 4
  • July '23 Jul '23 2
  • June '23 Jun '23 5
  • May '23 May '23 5
  • April '23 Apr '23 4
  • March '23 Mar '23 2
Number of HELOC Loans i
4
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 7
  • December '23 Dec '23 3
  • November '23 Nov '23 4
  • October '23 Oct '23 2
  • September '23 Sep '23 4
  • August '23 Aug '23 9
  • July '23 Jul '23 6
  • June '23 Jun '23 7
  • May '23 May '23 4
  • April '23 Apr '23 2
  • March '23 Mar '23 5

Richmond, VA 23221 Foreclosure Activity

Total Foreclosure Filings i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • 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 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
Foreclosure Starts i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • 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 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
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