Friday, January 15, 2021

U S. Census Bureau QuickFacts: Richmond city, Virginia

The August smart lock, Ring doorbell, and appliances convey with the home. The Avalon designer home welcomes you into the beautiful kitchen with a large center island, quartz counters, pantry and dining area. The family room with fireplace is just off the kitchen and leads to the rear covered porch and patio.

richmond va home sales data

Heat risk estimates how much climate change might increase the typical number of hot days in a year and the likelihood of extreme heat and heatwaves. Roof was replaced in 2022, new windows and a new HVAC unit. The backyard is fenced in and ready for you to create a backyard oasis.

Elementary Schools

It has dropped to a low of 0.9 months, which means that’s how long it would take to deplete the inventory to zero at the current sales pace. Storm risk estimates how much climate change increases the chances of extreme precipitation, when a lot of rain or snow falls in a short time, including thunderstorms, snowstorms, and tropical cyclones. Driving is a very good medium of transportation in this city. It is very convenient to access a parking spot, and most homes for sale are a reasonably short drive from the nearest highway, such as Richmond-Petersburg Turnpike.

richmond va home sales data

All listing data is refreshed regularly, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.All area school information is deemed reliable but is not guaranteed.

Neighborhoods in Richmond

All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2022 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Save this search to get email alerts when listings hit the market. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.

richmond va home sales data

In November 2022, Richmond home prices were up 15.5% compared to last year, selling for a median price of $335K. On average, homes in Richmond sell after 14 days on the market compared to 11 days last year. There were 343 homes sold in November this year, down from 476 last year. Not just limited to Richmond or Virginiabut you can also invest in some of the best real estate markets in the United States.

Richmond Property Types

Come see this charming 3-bedroom rancher ready for its new owners. As you step inside you will walk in to see the spacious living room that leads to the kitchen. The living room and bedrooms have hardwood floors and the kitchen has updated lvp flooring.

richmond va home sales data

Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. If you wish to report an issue or seek an accommodation, pleaselet us know. Months Supply of Inventory decreased 10 percent for Single Family homes and 23.1 percent for Condo/Town homes. Inventory decreased 19.1 percent for Single Family homes and 27.2 percent for Condo/Town homes.

New Listings decreased 29.6 percent for Single Family homes and 13.7 percent for Condo/Town homes. If you wish to report an issue or seek an accommodation, please let us know. Click on the risks below to learn which exist in Richmond today and how they’ll change by 2050. Find out the number of homebuyers searching to move in and out of Richmond, plus the top relocation destinations.

richmond va home sales data

All you have to do is fill up this form and schedule a consultation at your convenience. We’re standing by to help you take the guesswork out of real estate investing. By researching and structuring complete Richmond turnkey real estate investments, we help you succeed by minimizing risk and maximizing profitability. NORADA REAL ESTATE INVESTMENTShas extensive experience investing in turnkey real estate and cash-flow properties.

Two-bedroom apartment rents average $1,575 (a 19% increase from last year). As of September 19, 2022, the average rent for an apartment in Richmond, VA is $1,366 which is a 28% increase from last year. Over the past month, the average rent for a studio apartment in Richmond increased by 2% to $1,365. The average rent for a 1-bedroom apartment increased by 1% to $1,366, and the average rent for a 2-bedroom apartment increased by 3% to $1,575.

Lastly, the majority of locations in the city have good access to green spaces, including Maymont Park and James River Park, and there are around 40 of them nearby for residents to explore. Search by Location – Search property based on one of the search fields such as Street Address, Zip, Assessment Neighborhood, Census Tract. The vintage year (e.g., V2021) refers to the final year of the series .

Open floor plan downstairs with living room, huge family room, and kitchen. White cabinets, granite countertops, backsplash, and ss appliances. Wide plank LVP downstairs and brand NEW CARPET elsewhere. Bathrooms have been renovated to include tile flooring and surrounds. Upstairs you will find a nice sized loft area which could be a bedroom with closet space and an additional bedroom and full bath.

richmond va home sales data

The average homes sell for about 1% above list price and go pending in around 12 days. Real estate listings held by brokerage firms other than this broker are marked by the REIN symbol; detailed information about such listings includes the names of listing brokers. In Richmond, most dwellings are single detached homes, and the rest are mainly large apartment buildings and small apartment buildings. This city is primarily composed of two bedroom and three bedroom homes. Roughly 55% of the population of this city own their home and 45% are renters.

How hot is the Richmond housing market?

The city is also requiring short-term rental operators to live in the home for 185 days each year. According to NeighborhoodScout's data, appreciation rates for homes in Richmond have been tracking above average for the last ten years. The cumulative appreciation rate over the ten years has been 88.39%, which equates to an annual average appreciation rate of 6.54%. During the latest twelve months, Richmond's appreciation rate has been 14.67%, and in the latest quarter, it's been 1.78%, which annualizes to a rate of 7.29%. Zillow Home Value Index , built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas.

richmond va home sales data

The first floor offers an owner's suite with an ensuite bathroom complete with ceramic tile shower, double bowl vanity, & large walk-in closet. The powder room, mudroom, family room, dining area, & gourmet kitchen complete with quartz countertops, ceramic tile backsplash, stainless-steel appliances, large island, & pantry completes the first level. The second floor offers 2 guest bedrooms, full bathroom, a spacious loft, & laundry room. Randolph Pond amenities include sidewalks throughout the community, 2 community parks, pergola, fire pit, & walking trails. This is a low maintenance community in a top ranked school district conveniently located off Coalfield Road with quick access to Midlothian Turnpike and Rt. 288 for shopping, dining, & entertainment. Browse 308 homes for sale in Richmond, VA. View properties, photos, nearby real estate with school and housing market information.

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