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Most homes get multiple offers, often with waived contingencies. Many homes get multiple offers, some with waived contingencies.
There is a dearth of housing supply in the Richmond Metro. Over the last two years, available homes for sale have dropped by more than half. In August 2022, the Months Supply of Inventory for the Richmond Metro Area decreased by 10 percent for single-family homes, according to the Richmond Association of REALTORS®.
Richmond Quick Links
Average Sales Price increased 12 percent to $436,056 for Single Family homes and 10.9 percent to $329,972 for Condo/Town homes. Flood risk data is provided by Risk Factor™, a product of the nonprofit First Street Foundation. Risk Factor™ is a peer reviewed scientific model, designed to approximate flood risk and not intended to include all possible risks of flood.
Some properties represented may not have actually sold due to reporting errors. Interactively search the City's property database here, using criteria e.g. Parcel ID, Address, Land Value, and Consideration Amount. They may be visiting one of the oldest cities in the United States to tour the Revolutionary era or Civil War sights. The city is considering becoming more friendly to short-term rentals, something that has been illegal.
Richmond's Large Student Market For Rentals
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Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings, user is advised to verify the accuracy of the listing information before making any financial decisions. Some of this article's information came from referenced websites. Norada Real Estate Investments provides no express or implied claims, warranties, or guarantees that the material is accurate, reliable, or current. All information should be validated using the below references.
Richmond Housing Market: Prices, Trends, Forecast 2022-2023
The first floor offers an owner's suite with an ensuite bathroom complete with ceramic tile shower, double bowl vanity, & large walk-in closet. The powder room, mudroom, family room, dining area, & gourmet kitchen complete with quartz countertops, ceramic tile backsplash, stainless-steel appliances, large island, & pantry completes the first level. The second floor offers 2 guest bedrooms, full bathroom, a spacious loft, & laundry room. Randolph Pond amenities include sidewalks throughout the community, 2 community parks, pergola, fire pit, & walking trails. This is a low maintenance community in a top ranked school district conveniently located off Coalfield Road with quick access to Midlothian Turnpike and Rt. 288 for shopping, dining, & entertainment. Browse 308 homes for sale in Richmond, VA. View properties, photos, nearby real estate with school and housing market information.
Here is a short and crisp housing market forecast for Richmond City, Chesterfield, Hanover, and Henrico Counties — all of which are part of the Richmond Metro Area Housing Market. The supply and demand dynamics will likely push prices north again over the next 12 months. ClimateCheck™ analyzes a property's risk from climate change using the latest modeling and data from climate scientists, universities, and federal agencies.
The 1ST FLOOR PRIMARY SUITE has 2 WIC and private bath with ceramic tile shower and double vanity. Two additional bedrooms and full bath can be found on the second floor. (HOME IS READY NOW! Photos are of the actual home & visual tours are from builder's library & shown as an examples. Options will vary). Richmond real estate listings include condos, townhomes, and single family homes for sale.
All listing data is refreshed regularly, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.All area school information is deemed reliable but is not guaranteed.
The average year of construction for buildings in this city is 1976. Small private schools like Virginia College and Fortis College host just a few hundred students. There are Baptist, Presbyterian, and several other seminaries in the city, as well. You could find a Richmond real estate investment property near any of these campuses and rent it out to a steady stream of students.
It has dropped to a low of 0.9 months, which means that’s how long it would take to deplete the inventory to zero at the current sales pace. Storm risk estimates how much climate change increases the chances of extreme precipitation, when a lot of rain or snow falls in a short time, including thunderstorms, snowstorms, and tropical cyclones. Driving is a very good medium of transportation in this city. It is very convenient to access a parking spot, and most homes for sale are a reasonably short drive from the nearest highway, such as Richmond-Petersburg Turnpike.
Welcome to the Elderberry built by Biringer Builders, Richmond's Top Custom Builder. REIN's listings are based upon Data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website.
The data relating to real estate on this website comes in part from the Broker Reciprocity/IDX Program of the New River Valley Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Long & Foster Real Estate, Inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the Albemarle Area Association of Realtors, Multiple Listing Service.
Schools In Richmond, VA With Homes For Sale
The average sale price of a home in Richmond was $335K last month, up 15.2% since last year. The average sale price per square foot in Richmond is $202, up 6.9% since last year. Renovated in 2020 and Recently painted; and with some new windows. It comes w/a Living room & closet that flows into a dining area and kitchen with white cabinets & a small pantry. Back door leads you into the Deck, & Back yard with Unattached spacious Garage perfect for personal or car storage. On the hallway you will find the full bathroom, and a closet with the Water Heater and Stackable Washer & Dryer.
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