What is the housing market like in Richmond today?
In December 2024, Richmond home prices were down 50.8% compared to last year, selling for a median price of $465K.
$465K
Sale Price
$168
Sale $/Sq. Ft.
Under List Price
1.3%
Days on Market
61
Down Payment
—
Total Homes Sold
4
To compare other locations to the Richmond and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Richmond add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Richmond housing market?
Richmond is somewhat competitive. Homes sell in 61 days.
0
100
50
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 61 days.
Hot homes
can sell for around list price and go pending in around 30 days.
No data on migration and relocation available in this area right now
Learn about migration trends in nearby cities
Schools in Richmond
Learn about schools in the Richmond area
Elementary
Middle
High
GreatSchools Rating
6/10
White Pine School
Public • PreK-6
422
Students
N/A
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Richmond housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Richmond.
Flood Factor - Minor
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Richmond has a minor risk of flooding. 101 properties in Richmond are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in Richmond. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Richmond has a major risk of wildfire. There are 1,256 properties in Richmond that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Richmond.