Richmond County, VA Home Values & Market Trends
The median home price in Richmond County, VA is $202,030.45. There were 107 home sales in Richmond County, VA over the past 12 months. The median residential Richmond County, VA home value for transactions over the previous year is $133,000. The number of current listings in Richmond County, VA is 18, and the percentage of properties for sale is 18.00%. The county has 2 foreclosures, 1 bank owned properties, 1 headed for auction, and 18 properties for sale.
Richmond County, VA Real Estate Market Overview
Housing Market Summary for Richmond County, VA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $258.9K | $220K | -15.03% |
| Median Sold Price | $184.3K | $220K | 19.37% |
| Homes For Sale | 14 | 16 | 14.29% |
| Homes Sold | 78 | 74 | -5.13% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Richmond County, VA
Browse Homes in Richmond County, VA
Richmond County, VA home values range from $17,804 to $50,369,838. Richmond is the priciest city with a median listing home price of $354,950, and Farnham is most affordable with average house prices of around $247,000.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Richmond County, VA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 3 cities within Richmond County, VA; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Richmond County, VA ranges from the highest value of $375,212 in Warsaw to the lowest value of $89,900 in Farnham. Bank owned homes and properties account for 0.03% of properties in Richmond County, VA. There are 3 cities within Richmond County, VA; Richmond containing 5 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsRichmond has 41 auction properties, the highest number of properties going to auction in a single city in the state of Richmond County, VA. Auction homes and other auction properties account for 0.03% of all properties in Richmond County, VA. There are 3 cities within Richmond County, VA; of those cities, the median estimated home value for homes going to auction ranges from $695,238 in Warsaw to the lowest value of $120,048 in Warsaw.
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More Real Estate Resources for Richmond County, VA
Guide for Richmond County, VA
Richmond’s real estate market shows consistent growth, with trends indicating increasing property values and demand.
A glance at the real estate market in Norfolk, Virginia, highlighting rising property values, increasing desirability, and trends in nearby cities.
The Chesapeake real estate market has seen steady growth in property values, increasing by 7% over 11 months.
The property market in Virginia Beach, VA, has generally seen an increase in property values, per square foot values, and sold prices from 2022 to 2023. Factors such as economic growth and societal changes may contribute to this upward trend.