All Home Types
Richmond, VA Housing Market
What is the housing market like in Richmond today?
In September 2025, Richmond home prices were down 3.4% compared to last year, selling for a median price of $375K. On average, homes in Richmond sell after 21 days on the market compared to 16 days last year. There were 176 homes sold in September this year, down from 200 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$375,000
-3.4% YoY | Sep 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Sep 2025
Growth
% YoY
Richmond, VA
$375,000
-3.4%
United States
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Richmond Migration & Relocation Trends
In Jun '25 - Aug '25, 49% of Richmond homebuyers searched to move out of Richmond, while 51% looked to stay within the metropolitan area.
- Across the nation, 0.48% of homebuyers searched to move into Richmond from outside metros.
- Washington homebuyers searched to move into Richmond more than any other metro followed by New York and Philadelphia.
Where are people moving to Richmond from?
- 51% of Richmond homebuyers searched to stay within the Richmond metropolitan area.
- Virginia Beach was the most popular destination among Richmond homebuyers followed by Dallas and Myrtle Beach.
Where are people from Richmond moving to?
Number of People Moving to Richmond
least
most
People are moving to Richmond from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Jun '25 - Aug '25 | ||
| 1 | 867 | ||
| 2 | 206 | ||
| 3 | 136 | ||
| 4 | 133 | ||
| 5 | 43 | ||
| 6 | 39 | ||
| 7 | 34 | ||
| 8 | 32 | ||
| 9 | 27 | ||
| 10 | 26 | ||
People are leaving Richmond for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Jun '25 - Aug '25 | ||
| 1 | 1,341 | ||
| 2 | 417 | ||
| 3 | 93 | ||
| 4 | 45 | ||
| 5 | 42 | ||
| 6 | 38 | ||
| 7 | 37 | ||
| 8 | 31 | ||
| 9 | 31 | ||
| 10 | 26 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Richmond.
Provided by First Street Foundation
Transportation in Richmond
Learn about the walkability, bikeability, and transit-friendliness of Richmond
Somewhat Walkable
Walk Score®
Bikeable
Bike Score®
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