Home Sales Down in Richmond Metro Area Real Estate Market

The Richmond Metro Area market slowed this week but was still better than normal as sales fell to 1,536 homes sold over the last 30 days. Chesterfield County made up the largest percentage, with 417 sales on its own. There are four months of inventory remaining in the Richmond Metro Area, and the market is swinging toward the buyer, especially since the median sales price dropped to $215,000 this week.

If a home with lots of bedrooms is what you want, then be sure to take a look at these listings in the Richmond Metro Area:

$1.7M   $1.4M   $5.9M  

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

Demographic facts about the Richmond Metro Area:

  • The population growth rating is 60. (Scale: 1 = Worst, 100 = Best)
  • You can expect to pay property taxes at a rate of $9.10/$1,000.
  • The area's commuter length breakdown is: <15 min (23.5%), 15-29 min (42.9%), 30-44 min (22.0%), 45-59 min (6.4%), >60 min (5.2%).

Data reported through 10/12/2016


Ask a local expert about this area:
Joyner Fine Properties
Snapped 148 homes in this area
Joyner Fine Properties
Snapped 62 homes in this area
Century 21 Colonial Realty
Snapped 2 homes in this area

Agents that specialize in this area
92 snaps in this area
1 snap in this area
6 snaps in this area
1 snap in this area
14 snaps in this area
3 snaps in this area
5 snaps in this area
2 snaps in this area
7 snaps in this area
4 snaps in this area
©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
with Facebook Sign-in with Twitter
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

with Facebook Sign-in with Twitter

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.