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2025 Compare Cities Housing:
Richmond, VA vs New Albany, OH

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Highlights
- The median age of a home in Richmond is 73.0% older than the median age of a home in New Albany.
 Richmond, VANew Albany, OHUnited States
 Median Home Age63  Unlock42
 Median Home Cost  Unlock$530,700$338,100
 Home Appr. Last 12 months15.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock62.4%57.0%
 Home Appr. Last 10 yrs.93.9%  Unlock101.1%
 Property Tax Rate  Unlock$18.2$11.0
 Homes Owned38.9%  Unlock57.4%
 Housing Vacant  Unlock7.0%11.2%
 Homes Rented50.8%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Richmond, VANew Albany, OHUnited States
 Average Rent  Unlock$1,940$1,840
 Studio Apartment$1,140  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,300$1,180
 2 Bedroom Home or Apartment$1,320  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,970$1,860
 4 Bedroom Home or Apartment$2,080  Unlock$2,160
 space1
 Vacant Housing
 Richmond, VANew Albany, OHUnited States
 Vacant For Rent  Unlock0.6%1.9%
 Vacant Rented1.3%  Unlock0.4%
 Vacant For Sale  Unlock1.3%0.7%
 Vacant Sold0.6%  Unlock0.4%
 Vacant Vacation  Unlock2.5%3.6%
 Vacant Other4.6%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Richmond, VANew Albany, OHUnited States
 Less Than $20,000  Unlock0.3%2.6%
 $20,000 to $39,9990.4%  Unlock2.4%
 $40,000 to $59,999  Unlock0.0%2.8%
 $60,000 to $79,9992.9%  Unlock3.9%
 $80,000 to $99,999  Unlock0.0%4.5%
 $100,000 to $149,99911.4%  Unlock11.3%
 $150,000 to $199,999  Unlock1.5%13.0%
 $200,000 to $299,99921.0%  Unlock20.1%
 $300,000 to $399,999  Unlock11.1%13.6%
 $400,000 to $499,9998.6%  Unlock8.3%
 $500,000 to $749,999  Unlock34.4%9.7%
 $750,000 to $999,9993.9%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock4.1%2.2%
 $1,500,000 to $1,999,9990.7%  Unlock0.8%
 $2,000,000 and over  Unlock4.1%1.1%
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 Housing Units By Year Built
 Richmond, VANew Albany, OHUnited States
 2015 and Newer0.1%  Unlock0.2%
 2010 to 2014  Unlock39.2%13.6%
 2000 to 20095.3%  Unlock13.6%
 1990 to 1999  Unlock22.4%13.6%
 1980 to 19897.1%  Unlock13.2%
 1970 to 1979  Unlock3.9%14.8%
 1960 to 19695.8%  Unlock13.6%
 1950 to 1959  Unlock1.1%10.0%
 1940 to 19499.1%  Unlock4.7%
 1939 or Earlier  Unlock3.0%12.2%
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Reviews for Richmond    109 Reviews
Lucas · Richmond, VA
Great for young families
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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Juli · Richmond, VA
RVA is the place to be
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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9 to 5 · Richmond, VA
It's cool for what it is
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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Reviews for New Albany    3 Reviews
Celina · St. Louis, MO
Hip Suburb, lots of Abercrombie wearers.
Over 6 years ago

Love it here. The school is great, our house is massive. My husband got a sweet gig a A+F so the kids are always looking  More

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Amy · Lithia, FL
We love New Albany!
Over 11 years ago

We lived in New Albany for 5 years before moving to Florida. I can't express how much we miss it and we're considering moving back. New Albany is a very safe city with  More

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Kurt · New Albany, OH
New Albany is GREAT
Over 16 years ago

I'm from Dayton and moved to Westerville for college. I then bought my first place in New Albany about 2 years ago. This is the best decision I've made. I'd love to  More

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Learn More About Richmond, Virginia
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