Richmond, VA Real Estate & Property Data

Richmond Real Estate Market Trends
Last Updated: September 20, 2025

Accurate and comprehensive real estate data is critical for insight into Richmond, VA. ATTOM’s Richmond real estate data is updated daily, and current market trends show that in Richmond, VA a total of 6,300 residential properties have sold over the past year. With a median home price of $350,000 in Richmond and a total of 22 foreclosures. Get detailed property data for Richmond, VA instantly. ATTOM is your one-stop-shop for the Richmond property reports and real estate data you need in Richmond, VA.

Richmond Real Estate Market Trends
Total Residential Properties 121,621
Total Commercial Properties 9,453
Avg. Home Age (Single Family Home) 60 Years
Avg. Square Feet (Single Family Home) 1,732
Total 2025 Residential Sales (year-to-date) 3,403
% of Homes Seriously Underwater (Q3 2025) 1%
Total 2024 Residential Sales 5,944
% of Equity Rich Homes (Q3 2025) 43.96%
Effective 2024 Property Tax 0.88%
Total Foreclosure Filings (year-to-date) 174
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Richmond, VA Real Estate Overview

There were 6,300 residential properties sold in the past year in Richmond, VA. The median home value in Richmond, VA is $349,365. There are a total of 121,621 residential properties in the Richmond.

Median Sales Price i
$350,000
(Jul 2025)
year-over-year
y-o-y
  • July '25 Jul '25 $350,000
  • June '25 Jun '25 $379,950
  • May '25 May '25 $374,000
  • April '25 Apr '25 $355,000
  • March '25 Mar '25 $378,725
  • February '25 Feb '25 $347,000
  • January '25 Jan '25 $345,000
  • December '24 Dec '24 $355,000
  • November '24 Nov '24 $375,000
  • October '24 Oct '24 $348,500
  • September '24 Sep '24 $358,900
  • August '24 Aug '24 $355,000
Median Down Payment i
$44,600
(Jul 2025)
-26.3%
year-over-year
y-o-y
  • July '25 Jul '25 $44,600
  • June '25 Jun '25 $48,500
  • May '25 May '25 $55,500
  • April '25 Apr '25 $56,750
  • March '25 Mar '25 $52,250
  • February '25 Feb '25 $42,250
  • January '25 Jan '25 $34,500
  • December '24 Dec '24 $55,800
  • November '24 Nov '24 $52,000
  • October '24 Oct '24 $48,800
  • September '24 Sep '24 $50,000
  • August '24 Aug '24 $55,990
Number of Homes Sold i
505
(Jul 2025)
-7.7%
year-over-year
y-o-y
  • July '25 Jul '25 505
  • June '25 Jun '25 572
  • May '25 May '25 601
  • April '25 Apr '25 504
  • March '25 Mar '25 477
  • February '25 Feb '25 366
  • January '25 Jan '25 378
  • December '24 Dec '24 432
  • November '24 Nov '24 426
  • October '24 Oct '24 550
  • September '24 Sep '24 469
  • August '24 Aug '24 473
Number of Purchase Loans i
396
(Jul 2025)
-12.4%
year-over-year
y-o-y
  • July '25 Jul '25 396
  • June '25 Jun '25 436
  • May '25 May '25 472
  • April '25 Apr '25 367
  • March '25 Mar '25 344
  • February '25 Feb '25 292
  • January '25 Jan '25 255
  • December '24 Dec '24 342
  • November '24 Nov '24 340
  • October '24 Oct '24 397
  • September '24 Sep '24 371
  • August '24 Aug '24 363
Number of REFI Loans i
293
(Jul 2025)
+2.4%
year-over-year
y-o-y
  • July '25 Jul '25 293
  • June '25 Jun '25 282
  • May '25 May '25 307
  • April '25 Apr '25 318
  • March '25 Mar '25 267
  • February '25 Feb '25 244
  • January '25 Jan '25 276
  • December '24 Dec '24 279
  • November '24 Nov '24 279
  • October '24 Oct '24 354
  • September '24 Sep '24 286
  • August '24 Aug '24 303
Number of HELOC Loans i
156
(Jul 2025)
+20.9%
year-over-year
y-o-y
  • July '25 Jul '25 156
  • June '25 Jun '25 136
  • May '25 May '25 125
  • April '25 Apr '25 103
  • March '25 Mar '25 130
  • February '25 Feb '25 91
  • January '25 Jan '25 110
  • December '24 Dec '24 131
  • November '24 Nov '24 109
  • October '24 Oct '24 146
  • September '24 Sep '24 123
  • August '24 Aug '24 124

Richmond, VA Real Estate Market Overview

Last 30 days
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    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Richmond, VA Foreclosure Activity

There were a total of 22 Richmond, VA properties with a foreclosure filing in July 2025. Lenders started the foreclosure process on 22 Richmond, VA properties and repossessed 1 Richmond, VA properties through completed foreclosures (REOs) in July 2025.

Total Foreclosure Filings i
22
(Jul 2025)
-18.5%
year-over-year
y-o-y
  • July '25 Jul '25 22
  • June '25 Jun '25 23
  • May '25 May '25 32
  • April '25 Apr '25 25
  • March '25 Mar '25 24
  • February '25 Feb '25 25
  • January '25 Jan '25 23
  • December '24 Dec '24 24
  • November '24 Nov '24 29
  • October '24 Oct '24 31
  • September '24 Sep '24 24
  • August '24 Aug '24 20
Foreclosure Starts i
22
(Jul 2025)
-18.5%
year-over-year
y-o-y
  • July '25 Jul '25 22
  • June '25 Jun '25 23
  • May '25 May '25 32
  • April '25 Apr '25 25
  • March '25 Mar '25 24
  • February '25 Feb '25 25
  • January '25 Jan '25 23
  • December '24 Dec '24 24
  • November '24 Nov '24 29
  • October '24 Oct '24 31
  • September '24 Sep '24 24
  • August '24 Aug '24 20
Completed Foreclosures (REOs) i
1
(Jul 2025)
-85.7%
year-over-year
y-o-y
  • July '25 Jul '25 1
  • June '25 Jun '25 1
  • May '25 May '25 7
  • April '25 Apr '25 2
  • March '25 Mar '25 N/A
  • February '25 Feb '25 4
  • January '25 Jan '25 N/A
  • December '24 Dec '24 1
  • November '24 Nov '24 1
  • October '24 Oct '24 6
  • September '24 Sep '24 1
  • August '24 Aug '24 1
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