Richmond - VA housing market
Current home values, days on market, and price-cut activity for the Richmond - VA metro. Data refreshed from Zillow Research monthly.
How to read this data
The typical home value ($391,102) is the Zillow Home Value Index for the Richmond - VA metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 1.9% over the past year. In Richmond - VA, that means a home worth $383,810 last year is now worth roughly $391,102.
Homes listed in Richmond - VA sit on the market for roughly 12.0 days before going pending. Shorter = seller's market; longer = buyer's market.
About 19.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
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Other metros in VA
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Washington - DC | $580,335 | -0.4% | 16.0d |
| Virginia Beach - VA | $369,238 | +2.0% | 32.0d |
| Roanoke - VA | $295,391 | +3.3% | 33.0d |
| Lynchburg - VA | $285,312 | +1.8% | 31.0d |