What is the median home price in Richmond, VA?

The median home value in Richmond, VA is approximately $328,100, with median rent around $1,314/mo (U.S. Census ACS). Richmond is in Richmond city County.

What is the cost of living like in Richmond, VA?

Richmond has a median household income near $62,671 against a median home value of $328,100 and median rent of $1,314/mo. Virginia's state income tax is 2-5.75% and effective property tax runs around 0.82%.

Can I use Remote Prop View in Richmond, VA?

Yes. Remote Prop View's market data, demographics, and scam-aware research tools work nationwide. Our deep property search, comparable sales, and TruReport verification packet currently focus on the Dallas-Fort Worth, TX metro.

Richmond, VA Real Estate

Richmond anchors one of Virginia's largest metro areas with a population of about 227,595. The median home value is near $328,100, and median rent runs around $1,314/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value

$328,100

Median Rent

$1,314/mo

Population

227,595

Median Income

$62,671

Median Age

34.5

Homeownership

43.5%

Monthly payment on a median Richmond home

Example for a $328,100 home: 20% down, 30-yr at ~6.75%, VA property tax ~0.82%, 0.4% insurance.

Est. monthly (PITI)

$2,036

Principal & interest

$1,702

Property tax / mo

$224

Down payment (20%)

$65,620

Richmond at a glance

26% of residents 25+ hold a bachelor's degree or higher.
43.5% of occupied homes are owner-occupied.
Median household income is $62,671.
Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

Other Virginia cities

Virginia Beach →Chesapeake →Arlington →Norfolk →Newport News →Alexandria →

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