2025 Compare Cities Housing:
Red Bank, NJ vs Richmond, VA

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Highlights
- The median age of a home in Red Bank is 4.5% older than the median age of a home in Richmond.
 Red Bank, NJRichmond, VAUnited States
 Median Home Age66  Unlock42
 Median Home Cost  Unlock$327,100$338,100
 Home Appr. Last 12 months17.5%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock57.5%57.0%
 Home Appr. Last 10 yrs.78.1%  Unlock101.1%
 Property Tax Rate  Unlock$9.5$11.0
 Homes Owned49.4%  Unlock57.4%
 Housing Vacant  Unlock10.3%11.2%
 Homes Rented47.5%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Red Bank, NJRichmond, VAUnited States
 Average Rent  Unlock$1,680$1,840
 Studio Apartment$1,240  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,170$1,180
 2 Bedroom Home or Apartment$1,740  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,710$1,860
 4 Bedroom Home or Apartment$2,650  Unlock$2,160
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 Vacant Housing
 Red Bank, NJRichmond, VAUnited States
 Vacant For Rent  Unlock2.9%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.6%0.7%
 Vacant Sold0.6%  Unlock0.4%
 Vacant Vacation  Unlock0.3%3.6%
 Vacant Other2.4%  Unlock4.1%
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 Owner-Occupied Housing Value
 Red Bank, NJRichmond, VAUnited States
 Less Than $20,000  Unlock1.1%2.6%
 $20,000 to $39,9991.7%  Unlock2.4%
 $40,000 to $59,999  Unlock0.9%2.8%
 $60,000 to $79,9990.7%  Unlock3.9%
 $80,000 to $99,999  Unlock4.2%4.5%
 $100,000 to $149,9998.6%  Unlock11.3%
 $150,000 to $199,999  Unlock15.1%13.0%
 $200,000 to $299,99910.6%  Unlock20.1%
 $300,000 to $399,999  Unlock16.5%13.6%
 $400,000 to $499,99924.0%  Unlock8.3%
 $500,000 to $749,999  Unlock10.3%9.7%
 $750,000 to $999,9994.3%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock2.3%2.2%
 $1,500,000 to $1,999,9990.2%  Unlock0.8%
 $2,000,000 and over  Unlock0.8%1.1%
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 Housing Units By Year Built
 Red Bank, NJRichmond, VAUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock5.3%13.6%
 2000 to 20094.9%  Unlock13.6%
 1990 to 1999  Unlock5.8%13.6%
 1980 to 19896.2%  Unlock13.2%
 1970 to 1979  Unlock9.9%14.8%
 1960 to 19694.6%  Unlock13.6%
 1950 to 1959  Unlock14.7%10.0%
 1940 to 19498.9%  Unlock4.7%
 1939 or Earlier  Unlock29.6%12.2%
Reviews for Red Bank    3 Reviews

Not only can you great medical care at Riverview Hospital, you can also get a milliion dollar view of the Navesink River to brighten your mood and speed your recovery.   More

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Over 17 years ago

The Art Alliance of Monmouth County is based in Red Bank and promotes diverse visual art expressions of the 300 plus members. Count Basie Theater is scheduled to reopen  More

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Social and Cultural Hub for Central & South  More

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Reviews for Richmond    109 Reviews

Over 3 years ago

Lived here for a year and it’s not perfect but it’s constantly improving now (areas redevloped, more businesses, job growth). Cost of living is great compared to  More

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Over 4 years ago

We love Richmond so much that when we talk about where we'd like to live if we could live anywhere in the US, we always come back to RVA. We live in the city proper  More

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Over 4 years ago

I'm an out-of-towner but am coming up on 1 year in Richmond. I would summarize it this way: the best thing and the worst thing about Richmond is its location. I'll  More

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