The North Richmond housing market is very competitive. The median sale price of a home in North Richmond was $380K last month, up 3.4% since last year. The median sale price per square foot in North Richmond is $253, up 26.5% since last year.
What is the housing market like in North Richmond today?
In October 2024, North Richmond home prices were up 3.4% compared to last year, selling for a median price of $380K. On average, homes in North Richmond sell after 13 days on the market compared to 13 days last year. There were 109 homes sold in October this year, up from 104 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$380,000
+3.4% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
North Richmond, VA
$380,000
+3.4%
United States
To compare other locations to the North 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.
Work with the best agents in North Richmond
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the North Richmond housing market?
North Richmond is very competitive. Homes sell in 12.5 days.
0
100
84
Very 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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 13 days.
Hot homes
can sell for about 3% above list price and go pending in around 5 days.
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 North Richmond housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in North Richmond.
Flood Factor - Minor
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
North Richmond has a minor risk of flooding. 553 properties in North Richmond are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in North Richmond. Flood risk is increasing slower than the national average.
4% of properties are at risk of wildfire over the next 30 years
Fire Factor
North Richmond has a moderate risk of wildfire. There are 467 properties in North Richmond that have some risk of being affected by wildfire over the next 30 years. This represents 4% of all properties in North Richmond.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
North Richmond has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. North Richmond is most at risk from hurricanes. 11,219 properties in North Richmond have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 76 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 92 mph.