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Housing

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  HOUSING OVERVIEW
  

The median home value in Richmond, Virginia, is $133,800. Home appreciation is 1.80% over the last year. The median age of Richmond, Virginia, real estate is 58 years.

Richmond, Virginia Apartments and Rentals

Renters make up 47.67% of the Richmond, Virginia, population. 14.79% of houses and apartments in Richmond, Virginia, are unoccupied (vacancy rate).

  HOUSINGRichmond, VirginiaUnited States
  Median Home Age  5837
  Median Home Cost  $133,800$170,100
  Home Appr. Last 12 months  1.80%4.90%
  Home Appr. Last 5 yrs.  -14.20%-4.60%
  Home Appr. Last 10 yrs.  23.10%12.70%
  Property Tax Rate  $11.39$12.07
  Homes Owned  37.54%57.34%
  Housing Vacant  14.79%12.47%
  Homes Rented  47.67%30.19%
  AVERAGE RENT FOR HOME OR APARTMENT
  Studio Apartment  $720$661
  1 Bedroom Home or Apartment  $756$765
  2 Bedroom Home or Apartment  $896$957
  3 Bedroom Home or Apartment  $1,179$1,289
  4 Bedroom Home or Apartment  $1,427$1,490
  VACANT HOUSING
  Vacant For Rent  4.78%2.50%
  Vacant Rented  0.38%0.46%
  Vacant For Sale  1.57%1.38%
  Vacant Sold  0.23%0.46%
  Vacant Vacation  0.23%3.81%
  Vacant Other  7.60%3.87%
  VALUE OF OWNER-OCCUPIED HOUSING
  Less Than $20,000  1.52%3.30%
  $20,000 to $39,999  1.08%3.44%
  $40,000 to $59,999  1.34%4.18%
  $60,000 to $79,999  3.85%5.80%
  $80,000 to $99,999  6.79%7.08%
  $100,000 to $149,999  17.55%15.77%
  $150,000 to $199,999  18.37%15.03%
  $200,000 to $299,999  22.45%18.50%
  $300,000 to $399,999  11.24%10.39%
  $400,000 to $499,999  5.47%5.66%
  $500,000 to $749,999  5.47%6.39%
  $750,000 to $999,999  2.15%2.28%
  $1,000,000 or more  2.72%2.18%
  HOUSING UNITS BY YEAR STRUCTURE BUILT
  2010 and newer  0.19%0.29%
  2000 to 2009  6.51%14.18%
  1990 to 1999  3.59%13.96%
  1980 to 1989  6.74%13.99%
  1970 to 1979  12.01%16.09%
  1960 to 1969  3.59%13.96%
  1950 to 1959  15.46%11.05%
  1940 to 1949  9.94%5.59%
  1939 or Earlier  33.27%13.68%
  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)
re: Preparing to move - 7/27/2009
Hello Tom, I read your message, and I am also moving to Richmond in early 2012 and was wondering how things went with you? Did you find a nice area to live? Any... (read more)
To See All Comments for Richmond Click Here

  GENERAL COMMENTS
  
Terrible Place to Live
Hands down this is one of the worst places I've ever lived or even visited. There is nothing to do here, the people are not friendly and the endless number of transient... (read more)
re: Richmond - 7/24/2014
I think this comment is very telling. Yes, if you want to live in the "Western Suburbs" and not be part of the city, life in Richmond is tolerable, but not very... (read more)
re: Richmond - 7/24/2014
I think this comment is very telling. Yes, if you want to live in the "Western Suburbs" and not be part of the city, life in Richmond is tolerable, but not very... (read more)
To See All Comments for Richmond Click Here




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