Housing in Richmond Metro Area, Virginia
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| Median Home Age | 30.9 | 35.1 |
| Median Home Cost | $172,900 | $153,800 |
| Home Appreciation | -1.51% | 1.62% |
| Homes Owned | 62.12% | 57.69% |
| Housing Vacant | 8.15% | 11.38% |
| Homes Rented | 29.74% | 30.93% |
| Property Tax Rate | $9.10 | $11.20 |
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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| Less Than $20,000 | 1.29% | 2.72% |
| $20,000 to $39,999 | 0.94% | 4.03% |
| $40,000 to $59,999 | 1.91% | 5.58% |
| $60,000 to $79,999 | 3.52% | 7.09% |
| $80,000 to $99,999 | 5.41% | 8.80% |
| $100,000 to $149,999 | 25.84% | 21.26% |
| $150,000 to $199,999 | 20.67% | 14.87% |
| $200,000 to $299,999 | 24.49% | 16.82% |
| $300,000 to $399,999 | 8.28% | 7.83% |
| $400,000 to $499,999 | 3.56% | 4.04% |
| $500,000 to $749,999 | 2.81% | 4.05% |
| $750,000 to $999,999 | 0.54% | 1.26% |
| $1,000,000 or more | 0.75% | 1.64% |
HOUSING UNITS BY YEAR STRUCTURE BUILT
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| 1999 to 2005 | 15.72% | 13.71% |
| 1995 to 1998 | 15.93% | 14.31% |
| 1990 to 1994 | 15.93% | 14.31% |
| 1980 to 1989 | 16.80% | 13.87% |
| 1970 to 1979 | 16.39% | 16.17% |
| 1960 to 1969 | 11.35% | 11.70% |
| 1950 to 1959 | 10.01% | 11.08% |
| 1940 to 1949 | 5.04% | 6.02% |
| 1939 or Earlier | 8.76% | 13.15% |
The median home value in Richmond Metro Area, VA, is $172,900. Home appreciation is -1.51% over the last year. The median age of Richmond Metro Area, VA, real estate is 31 years.
Richmond Metro Area, VA Apartments and Rentals
Renters make up 29.74% of the Richmond Metro Area, VA, population. 8.15% of houses and apartments in Richmond Metro Area, VA, are unoccupied (vacancy rate).
Richmond Housing SperlingViews
re: Great place to raise a family - 4/2/2012: Richmond is not 5 hours from NYC, Try 7 hours. And I don't think Richmonders are cold at all. People in Richmond are very friendly people , but some people mistake older... (read more)Have an opinion about Richmond? Leave a commentTo See All SperlingViews for Richmond Click Here
