The North Richmond housing market is very competitive. Homes in North Richmond receive 1 offers on average and sell in around 18.5 days. The median sale price of a home in North Richmond was $350K last month, up 6.1% since last year. The median sale price per square foot in North Richmond is $209, up 5.6% since last year.
What is the housing market like in North Richmond today?
In March 2024, North Richmond home prices were up 6.1% compared to last year, selling for a median price of $350K. On average, homes in North Richmond sell after 19 days on the market compared to 23 days last year. There were 102 homes sold in March this year, up from 101 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$350,000
+6.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
North Richmond, VA
$350,000
+6.1%
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.
How hot is the North Richmond housing market?
North Richmond is very competitive. Homes sell in 15 days.
0
100
85
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 2% above list price and go pending in around 15 days.
Hot homes
can sell for about 6% above list price and go pending in around 4 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
6/10
Linwood Holton Elementary School
Public • PreK-5
597
Students
12 reviews
5/10
William Fox Elementary School
Public • PreK-5
477
Students
13 reviews
5/10
J.E.B. Stuart Elementary School
Public • PreK-5
292
Students
3 reviews
4/10
Laburnum Elementary School
Public • PreK-5
565
Students
7 reviews
3/10
Overby-Sheppard Elementary School
Public • PreK-5
407
Students
1 reviews
Only showing 5 of
14 elementary schools.
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.
Risk Factor
Flood Factor - Moderate
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
North Richmond has a moderate risk of flooding. 543 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.
5% of properties are at risk of wildfire over the next 30 years
Fire Factor
North Richmond has a minor risk of wildfire. There are 661 properties in North Richmond that have some risk of being affected by wildfire over the next 30 years. This represents 5% 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. 11,139 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.