Richmond Real Estate Blog

There are currently 3,246 homes in Richmond including 841 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Richmond VA was $249,643 for the week ending September 02, which represents a decrease of 2%, or $5,079, compared to the prior week. Popular neighborhoods in Richmond include The Fan and The Museum District, with average listing prices of $367,125 and $327,549.

The average price per square foot for Richmond VA was $132.00, a decrease of 8.3% compared to the same period last year. The median sales price for homes in Richmond VA for June 2009 to August 2009 was $193,000 based on 1,202 home sales. Compared to the same period one year ago, the median home sales price decreased 4.2%, or $8,500.00, and the number of home sales decreased 27.6%.