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Richmond, VA Real Estate

Richmond, Virginia is located in Richmond city. Nearby cities and towns include Manchester, Bon Air, Montrose, Lakeside, East Highland Park, Bensley, Dumbarton, Meadowbrook, Rockwood, Chamberlayne, Tuckahoe, Laurel, Highland Springs, Bellwood, Sandston, Glen Allen, Mechanicsville, Innsbrook, Brandermill, Short Pump, Chester, Woodlake, Wyndham, Ashland, Enon, Hanover, Colonial Heights, Hopewell, Ettrick, Matoaca, Fort Lee, Petersburg, Central Garage, and Prince George. Richmond is an urban community with a population of 203,805. The median household income is $38,780. In Richmond, 27% of residents are married, and families with children reside in 24% of the households. Half the population of Richmond commutes 19 minutes or less to work, with 65% of residents holding white collar jobs and 35% residents holding blue collar jobs. The median age of homes in Richmond, VA is 45 years, with 38% of those homes owned, 54% rented, and 8% not occupied. In the previous year, 2792 Richmond properties were sold. The median sale price of a home in Richmond in the previous year was $196,123.

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About Schools in Richmond, VA

Richmond offers a range of educational opportunities with 31 elementary schools, 11 middle schools and 10 high schools.

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Richmond, VA Local Market & Demographic Data

Married vs. single

Richmond, VA
  • 73% Single
  • 27% Married
  • 49% Single
  • 51% Married

Male VS. Female

Richmond, VA
  • 52% Female
  • 48% Male
  • 51% Female
  • 49% Male

Average Age of Citizens in Richmond, VA

  • 37
  • 38
  • Richmond, VA
  • Virginia

Average Age of Homes in Richmond, VA

  • 45
  • 25
  • Richmond, VA
  • Virginia

Vacant Homes in Richmond, VA

  • 8%
  • 8%
  • Richmond, VA
  • Virginia

Average INCOME of Citizens

  • $59,270
  • $84,217
  • Richmond, VA
  • Virginia

Owned Homes vs. Rented Homes

Richmond, VA
  • 38% Owned
  • 54% Rented
  • 60% Owned
  • 32% Rented