Richmond, VA County has seen an impressive growth in housing value over the past year, with the median value increasing by 12.03% to reach $203,000. This is above the national average of 8.27%. While this is still lower than the US house median value of $338,100, it indicates a strong and steady appreciation and offers Richmond residents a great opportunity to invest in their homes.
The median home cost in Richmond County is $203,000. Home appreciation the last 10 years has been 74.2%. Home Appreciation in Richmond County is up 14.1%.
Average Age of Homes
- The median age of Richmond County real estate is 43 years old
The Rental Market in Richmond County
- Renters make up 17.5% of the Richmond County population
- 2.6% of houses and apartments in Richmond County, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.