House Prices

House Prices & Home Values Richmond, VA 2026


Average Data

average house price$364,257
average size per house2031 ft²
average price per ft²180 $ / ft²

06/04/2026 - The value range (VR) for house prices in Richmond, VA is $201/ sqft to $236/ sqft. An average home with 2031 sqft costs approximately $408,231 to $479,316. Richmond, VA includes 4 ZIP codes and it is located in Chesterfield county. The lowest prices are found in ZIP 23234, while the highest are in ZIP 23234. The average price per sqare feet is $180. Our analysis is based on 84 property listings.

Avergage prices by ZIP codes Richmond

23234215 $ / ft²
23235228 $ / ft²
23236240 $ / ft²
23237231 $ / ft²


House prices by neighborhoods in Richmond

Bensley205 $ / ft²
Broad Rock220 $ / ft²
Brookbury202 $ / ft²
Davee Gardens241 $ / ft²
Hickory Hill225 $ / ft²
Meadowbrook220 $ / ft²




Historical development of home values in Richmond

Year Estimated value (USD) Change vs. 2025
2010 $169,168 -53.6%
2011 $162,626 -55.4%
2012 $162,188 -55.5%
2013 $168,250 -53.8%
2014 $176,616 -51.5%
2015 $185,681 -49.0%
2016 $195,371 -46.4%
2017 $205,916 -43.5%
2018 $217,300 -40.3%
2019 $227,376 -37.6%
2020 $239,130 -34.4%
2021 $271,985 -25.3%
2022 $317,073 -13.0%
2023 $334,368 -8.2%
2024 $353,712 -2.9%
2025 $364,257 0.0%

Graph: estimated home values in Richmond over time (USD)



Example: 100% financing house in Richmond

Loan amount: $364,257

Interest rate: 6.00%

Fixed monthly payment: $2,183.90

Breakdown in the 1st month:
Interest portion: $1,821.29  –  Principal portion: $362.62

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $21,733.74 $4,473.12 $359,783.88
2 $21,457.85 $4,749.01 $355,034.87
3 $21,164.94 $5,041.92 $349,992.95
4 $20,853.96 $5,352.89 $344,640.06
5 $20,523.81 $5,683.05 $338,957.01
6 $20,173.29 $6,033.57 $332,923.44
7 $19,801.15 $6,405.70 $326,517.74
8 $19,406.06 $6,800.79 $319,716.94
9 $18,986.61 $7,220.25 $312,496.69
10 $18,541.28 $7,665.58 $304,831.11
11 $18,068.48 $8,138.38 $296,692.73
12 $17,566.52 $8,640.33 $288,052.40
13 $17,033.61 $9,173.25 $278,879.15
14 $16,467.82 $9,739.04 $269,140.11
15 $15,867.14 $10,339.72 $258,800.39
16 $15,229.41 $10,977.45 $247,822.94
17 $14,552.34 $11,654.52 $236,168.42
18 $13,833.52 $12,373.34 $223,795.08
19 $13,070.35 $13,136.50 $210,658.58
20 $12,260.12 $13,946.73 $196,711.84
21 $11,399.92 $14,806.94 $181,904.91
22 $10,486.66 $15,720.20 $166,184.71
23 $9,517.07 $16,689.78 $149,494.92
24 $8,487.68 $17,719.17 $131,775.75
25 $7,394.80 $18,812.05 $112,963.70
26 $6,234.52 $19,972.34 $92,991.36
27 $5,002.67 $21,204.19 $71,787.17
28 $3,694.84 $22,512.02 $49,275.15
29 $2,306.35 $23,900.51 $25,374.64
30 $832.22 $25,374.64 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Richmond, VA


1500 sqft3900 sqft
Ø selling price$326,700$694,980
Ø fast selling$297,000$625,482
Ø high price sale$356,400$764,479

In 2026, houses in Richmond, VA will be offered at an average price of $180 per square foot. A 1,500 sqft home priced at $326,700 is 21.02% more expensive per square foot than a 3,900 sqft home priced at $694,980. Home prices in Richmond, VA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $481,141. Sellers who can wait longer may achieve a higher price of up to $588,060.


Richmond, VA Travel and Living Guide

Overview

Richmond, VA is a historic riverside city blending preserved architecture with a thriving modern economy. Located along the James River, the city anchors Central Virginia and offers easy access to I-95 and I-64. Visitors and residents appreciate its walkable neighborhoods, green spaces, and a vibrant calendar of festivals.


History & Culture

The Virginia State Capitol, designed by Thomas Jefferson, and the American Civil War Museum highlight Richmond?s pivotal role in U.S. history. Arts lovers flock to the Virginia Museum of Fine Arts (VMFA) and the Institute for Contemporary Art at VCU for renowned exhibitions and events. Street murals from the Richmond Mural Project add color to corridors like Carytown and Scott?s Addition.


Food & Drink

Richmond?s culinary scene boasts chef-driven restaurants, farm-to-table markets, and a nationally recognized craft brewery trail in Scott?s Addition. From barbecue and Chesapeake Bay oysters to global cuisine, the city delivers flavor-packed options at every price point.


Outdoors & Lifestyle

Outdoor enthusiasts kayak and cycle around Belle Isle, the James River Park System, and the Virginia Capital Trail. Strong job growth, diverse housing, and esteemed schools like Virginia Commonwealth University make Richmond, VA an attractive place to live and invest.



FAQ – Home Values in Richmond

What is the median home value in Richmond in 2026?

In 2026, the typical home value in Richmond is about $364,257 for an average home size of 2031 square feet. This corresponds to an average price of roughly $180 per square foot.

What is the average cost per square foot in Richmond?

In 2026, homes in Richmond sell for an average of around $180 per square foot, with a typical range between $201 and $236 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Richmond is about 2031 square feet, with an estimated 2026 value around $364,257.



Locations close to Richmond, VA

Henrico, VA234 $ / ft²
Accomac, VA194 $ / ft²
Assawoman, VA235 $ / ft²
Montpelier, VA204 $ / ft²
Williamsburg, VA201 $ / ft²
West Point, VA253 $ / ft²




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