House Prices

House Prices & Home Values Richmond, VA 2026


Average Data

average house price$395,841
average size per house1726 ft²
average price per ft²230 $ / ft²

01/17/2026 - The value range (VR) for house prices in Richmond, VA is $200/ sqft to $260/ sqft. An average home with 1726 sqft costs approximately $345,200 to $448,760. Richmond, VA includes 8 ZIP codes and it is located in Richmond county. The lowest prices are found in ZIP 23173, while the highest are in ZIP 23226. The average price per sqare feet is $230. Our analysis is based on 62 property listings.

Avergage prices by ZIP codes Richmond

23173182 $ / ft²
23219217 $ / ft²
23220214 $ / ft²
23221221 $ / ft²
23222271 $ / ft²
23224229 $ / ft²
23225238 $ / ft²
23226273 $ / ft²




Historical development of home values in Richmond

Year Estimated value (USD) Change vs. 2025
2010 $183,836 -53.6%
2011 $176,727 -55.4%
2012 $176,251 -55.5%
2013 $182,839 -53.8%
2014 $191,930 -51.5%
2015 $201,781 -49.0%
2016 $212,311 -46.4%
2017 $223,770 -43.5%
2018 $236,142 -40.3%
2019 $247,091 -37.6%
2020 $259,865 -34.4%
2021 $295,568 -25.3%
2022 $344,566 -13.0%
2023 $363,361 -8.2%
2024 $384,382 -2.9%
2025 $395,841 0.0%

Graph: estimated home values in Richmond over time (USD)



Example: 100% financing house in Richmond

Loan amount: $395,841

Interest rate: 6.00%

Fixed monthly payment: $2,373.27

Breakdown in the 1st month:
Interest portion: $1,979.21  –  Principal portion: $394.06

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $23,618.23 $4,860.97 $390,980.03
2 $23,318.41 $5,160.79 $385,819.24
3 $23,000.11 $5,479.09 $380,340.14
4 $22,662.17 $5,817.03 $374,523.11
5 $22,303.39 $6,175.81 $368,347.30
6 $21,922.48 $6,556.73 $361,790.57
7 $21,518.07 $6,961.13 $354,829.44
8 $21,088.72 $7,390.48 $347,438.96
9 $20,632.90 $7,846.31 $339,592.66
10 $20,148.95 $8,330.25 $331,262.41
11 $19,635.16 $8,844.04 $322,418.37
12 $19,089.68 $9,389.52 $313,028.85
13 $18,510.56 $9,968.65 $303,060.20
14 $17,895.71 $10,583.49 $292,476.71
15 $17,242.94 $11,236.26 $281,240.46
16 $16,549.92 $11,929.28 $269,311.17
17 $15,814.14 $12,665.06 $256,646.11
18 $15,032.99 $13,446.21 $243,199.91
19 $14,203.66 $14,275.54 $228,924.36
20 $13,323.17 $15,156.03 $213,768.34
21 $12,388.38 $16,090.82 $197,677.52
22 $11,395.94 $17,083.26 $180,594.25
23 $10,342.28 $18,136.92 $162,457.33
24 $9,223.63 $19,255.57 $143,201.76
25 $8,035.99 $20,443.21 $122,758.56
26 $6,775.10 $21,704.10 $101,054.45
27 $5,436.44 $23,042.76 $78,011.69
28 $4,015.21 $24,463.99 $53,547.70
29 $2,506.33 $25,972.88 $27,574.83
30 $904.38 $27,574.83 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Richmond, VA


1500 sqft3900 sqft
Ø selling price$417,451$888,031
Ø fast selling$379,501$799,228
Ø high price sale$455,401$976,834

In 2026, houses in Richmond, VA will be offered at an average price of $230 per square foot. A 1,500 sqft home priced at $417,451 is 20.86% more expensive per square foot than a 3,900 sqft home priced at $888,031. Home prices in Richmond, VA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $614,790. Sellers who can wait longer may achieve a higher price of up to $751,411.

FAQ – Home Values in Richmond

What is the median home value in Richmond in 2026?

In 2026, the typical home value in Richmond is about $395,841 for an average home size of 1726 square feet. This corresponds to an average price of roughly $230 per square foot.

What is the average cost per square foot in Richmond?

In 2026, homes in Richmond sell for an average of around $230 per square foot, with a typical range between $200 and $260 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Richmond is about 1726 square feet, with an estimated 2026 value around $395,841.



Locations close to Richmond, VA

Henrico, VA257 $ / ft²
Accomac, VA194 $ / ft²
Assawoman, VA235 $ / ft²
Montpelier, VA204 $ / ft²
Williamsburg, VA201 $ / ft²
West Point, VA253 $ / ft²
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