Vcu First-Time Homebuyer Report for October

Vcu has a much older population than other areas in Richmond with a median age of 19 years. It is also somewhat affluent with a median income of $42,942 per household. The Vcu market is almost exclusively made up of condos and townhouses, which currently account for 0% of the homes for sale in the area. The best school in the neighborhood is Clark Springs Elementary School.

Price Range

Homes in Vcu are generally more expensive than others in the city with a median home value of $184,537 and an average list price of $465,642.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Vcu:

$565K  

Typical Dwelling

The typical dwelling in Vcu is a two-bedroom condo worth about $230,000. To purchase a similar home, a buyer with good credit and a $46,000 cash down payment could obtain a mortgage with a 3.95% interest rate and a $80 monthly payment. The property tax rate is $12.69 per $1,000 of taxable assessed value.

Get started right now by checking out Vcu homes for sale or reviewing Vcu real estate trends.


Data reported through 10/13/2016

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