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Housing

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  HOUSING OVERVIEW
  

The median home value in Richmond, Virginia, is $156,100. Home appreciation is 5.75% over the last year. The median age of Richmond, Virginia, real estate is 57 years.

Richmond, Virginia Apartments and Rentals

Renters make up 49.64% of the Richmond, Virginia, population. 13.33% of houses and apartments in Richmond, Virginia, are unoccupied (vacancy rate).

  HOUSINGRichmond, VirginiaUnited States
  Median Home Age  5737
  Median Home Cost  $156,100$185,800
  Home Appr. Last 12 months  3.56%3.74%
  Home Appr. Last 5 yrs.  5.29%16.02%
  Home Appr. Last 10 yrs.  5.75%-0.68%
  Property Tax Rate  $9.88$11.80
  Homes Owned  37.03%56.34%
  Housing Vacant  13.33%12.45%
  Homes Rented  49.64%31.21%
  AVERAGE RENT FOR HOME OR APARTMENT
  Studio Apartment  $753$712
  1 Bedroom Home or Apartment  $791$825
  2 Bedroom Home or Apartment  $916$1,027
  3 Bedroom Home or Apartment  $1,209$1,379
  4 Bedroom Home or Apartment  $1,476$1,601
  VACANT HOUSING
  Vacant For Rent  4.65%2.34%
  Vacant Rented  0.78%0.46%
  Vacant For Sale  1.06%1.20%
  Vacant Sold  0.50%0.46%
  Vacant Vacation  0.33%3.97%
  Vacant Other  6.01%4.02%
  VALUE OF OWNER-OCCUPIED HOUSING
  Less Than $20,000  2.10%4.57%
  $20,000 to $39,999  0.84%3.37%
  $40,000 to $59,999  2.39%4.19%
  $60,000 to $79,999  4.04%5.74%
  $80,000 to $99,999  6.54%6.79%
  $100,000 to $149,999  14.77%15.19%
  $150,000 to $199,999  19.05%14.69%
  $200,000 to $299,999  19.94%18.15%
  $300,000 to $399,999  12.67%10.43%
  $400,000 to $499,999  6.98%5.70%
  $500,000 to $749,999  5.97%6.39%
  $750,000 to $999,999  2.23%2.41%
  $1,000,000 or more  2.48%2.39%
  HOUSING UNITS BY YEAR STRUCTURE BUILT
  2010 and newer  1.15%2.03%
  2000 to 2009  5.39%14.63%
  1990 to 1999  5.26%14.01%
  1980 to 1989  6.69%13.70%
  1970 to 1979  11.29%15.66%
  1960 to 1969  5.26%14.01%
  1950 to 1959  16.00%10.63%
  1940 to 1949  9.36%5.25%
  1939 or Earlier  31.11%13.09%

  HOUSING MAP

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  HOUSING COMMENTS
  
Midlothian, VA
Recently relocated here for my wife's job. Seems to be a safe, nice suburb of Richmond (25-30 mins on toll, 35-40 mins no toll). People are nice, the main road... (read more)
Are there any "new" areas or suburbs?
We may be leaving our beautiful Frisco Texas to move to the Richmond area and I am wanting to get some opinions about suburbs or neat areas I might miss when I come to... (read more)
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  GENERAL COMMENTS
  
Overrated City
Do not like this city and living here at all. People like to hype it up just because it's the capital city. Sure, it's got some arts and culture, but I don't consider... (read more)
Nothing good
I never had a negative a word to say about Virginia since I moved here 13 years ago, until this last year when I moved to Richmond. In a nutshell; rude and mean people,... (read more)
Update -- Negative Vibes
This is the original poster of the February 2016 review, and I'd like to give an update after several months. After reading over my initial review, I realize it's... (read more)
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