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The median home value in Richmond, Virginia, is $156,100. Home appreciation is 5.75% over the last 10 years. 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%
  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 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%
  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%

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Reviews for Richmond


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Wonderful City to live in

Richmond is a city with lots of trees and history. It has the amenities of a big city great restaurants, lots of microbreweries and music! If you enjoy hiking and... (Read More)



Worst Place I've ever lived - hands down

Wow! I am so happy to see the reviews of other people and how consistent we all are!!! Richmond Virginia is the worst place I've ever lived. I've met more unhappy... (Read More)



White Trash Capitol

The local people in Richmond are a special breed. Rude, arrogant, antagonistic, entitled, stupid, and just all around low-lifes. Socio-economic factors don't alter... (Read More)



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