The Monument Avenue Park housing market is very competitive. The median sale price of a home in Monument Avenue Park was $475K last month, down 0.63% since last year.
What is the housing market like in Monument Avenue Park today?
In October 2024, Monument Avenue Park home prices were down 0.63% compared to last year, selling for a median price of $475K.
$1.05M
Sale Price
$373
Sale $/Sq. Ft.
Over List Price
0.3%
Days on Market
6
Down Payment
—
Total Homes Sold
1
To compare other locations to the Monument Avenue Park 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.
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How hot is the Monument Avenue Park housing market?
Monument Avenue Park is very competitive. Homes sell in 6 days.
0
100
88
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 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 6 days.
Hot homes
can sell for about 2% above list price and go pending in around 4 days.
Learn about schools in the Monument Avenue Park area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
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 Monument Avenue Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Monument Avenue Park.
Flood Factor - Minor
5% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Monument Avenue Park has a minor risk of flooding. 13 properties in Monument Avenue Park are likely to be
severely affected
by flooding over the next 30 years. This represents 5% of all properties in Monument Avenue Park. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Monument Avenue Park has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Monument Avenue Park is most at risk from hurricanes. 375 properties in Monument Avenue Park 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 72 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 87 mph.
100% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Monument Avenue Park has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Monument Avenue Park have a Severe Heat Factor®.
Monument Avenue Park is expected to see a 128% increase in the number of days over 104ºF over the next 30 years. Monument Avenue Park is expected to experience 6