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Richmond Real Estate

The median home value in Richmond, VA is $347,335. This is higher than the county median home value of $316,300. The national median home value is $338,100. The average price of homes sold in Richmond, VA is $347,335. Approximately 38.89% of Richmond homes are owned, compared to 50.77% rented, while 10.35% are vacant. Richmond real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Richmond real estate agent to arrange a tour today!

Richmond, Virginia 23223 has a population of 225,676. Richmond 23223 is more family-centric than the surrounding county with 22.4% of the households containing married families with children. The county average for households married with children is 19.89%.

The median household income in Richmond, Virginia 23223 is $54,795. The median household income for the surrounding county is $54,795 compared to the national median of $69,021. The median age of people living in Richmond 23223 is 34.4 years.

Richmond Weather

The average high temperature in July is 89.7 degrees, with an average low temperature in January of 27.6 degrees. The average rainfall is approximately 44.3 inches per year, with 11 inches of snow per year.

Richmond Real Estate Market Conditions

  • Median sales price

    $347,335
    15.2% change since last quarter
  • # Active listings

    75
    30-day change

Richmond Schools and Demographics

Education near Richmond, VA

Metric City County
High School Graduates 87.74 87.74
College Degree - 2 year 5.02 5.02
College Degree - 4 year 43.09 43.09
Graduate Degree 12.09 12.09
Expenditures per Student 15,456 15,456
Students per Teacher 14.4 14.4

Elementary Schools near Richmond, VA

School Grades Students P/T Ratio ZIP
Adams Elementary School PK - 05 509 20 23223
Chimborazo Elementary School PK - 05 475 17.6 23223
Fair Oaks Elementary School PK - 05 360 18 23075
Fairfield Court Elementary School PK - 05 541 17.7 23223
George Mason Elementary School PK - 05 481 15.5 23223
Glen Lea Elementary School PK - 05 525 19.8 23222
Harvie Elementary School PK - 05 642 19.8 23223
Highland Springs Elementary School PK - 05 532 18.7 23075
J.E.B. Stuart Elementary PK - 05 381 15.9 23222
Laburnum Elementary School PK - 05 602 18.2 23222
Overby-Sheppard Elementary School PK - 05 454 18.9 23222
Woodville Elementary School PK - 05 518 15.2 23223

Middle Schools near Richmond, VA

School Grades Students P/T Ratio ZIP
Fairfield Middle School 06 - 08 983 14.1 23223
Martin Luther King Jr Middle School 06 - 08 729 13.9 23223

High Schools near Richmond, VA

School Grades Students P/T Ratio ZIP
Armstrong High School 09 - 12 972 14.8 23223
Highland Springs High School 09 - 12 1,760 15.8 23075
Richmond Community High School 09 - 12 215 10.3 23222

Ungraded Schools near Richmond, VA

School Grades Students P/T Ratio ZIP
Adult Education Center UG - UG 0 23075
Empowerment Academy UG - UG 0 23223
Franklin Military Academy 06 - 12 359 10.4 23223
General Academic Development UG - UG 0 23075
Highland Springs Tech. Center UG - UG 0 23075
Iseap Program UG - UG 0 23075
Martin Luther King Jr. Early Learning Center UG - UG 0 23223
New Bridge Learning Center UG - UG 0 23223
Pre-School Dev. Center UG - UG 0 23223

Demographics near Richmond, VA 23223

Metric Zip Code City
Neighborhood Type Suburban Suburban
Population 51,888 225,676
Population Density 3,081 3,767
Median Age 34.9 34.4
People per Household 2.3 2.2
Median Household Income 49,347 54,795
Average Income per Capita 30,287 38,132