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VA area data

Richmond, VA

Aggregated across 13 ZIP codes in Richmond.

Population: 349,090 (Census ACS)

The median home value in Richmond, VA is $392,773 — up 1.6% over the past year. Homes sell for a median $449,792 after a median 26 days on market. Typical rent runs $1,717/month. 76 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with earthquake, heatwave, inlandflooding the top-rated hazards. Cost of living is 3.3% above the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$392,773

Median home value

+1.6%

1-year change

26

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$392,773
1-year appreciation
+1.6%
3-year appreciation
+8.4%
5-year appreciation
+28.1%
10-year appreciation
+97.4%
All-time peak (2025-03)
$395,024
House Price Index (state)
423.6 (+3.3% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$449,792
Median list price
$454,801
Median price per sqft
$262
1-year sale-price change
+5.5%
Median days on market
26 days
Homes sold (recent period)
45
For-sale inventory
835
Sale-to-list ratio
100.0%
Active listings
24
1-year forecast
+1.8%
Days to pending
21 days
New listings (monthly)
418

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,717/mo
1-year rent change
+3.5%
Studio fair-market rent
$914/mo
1BR fair-market rent
$1,143/mo
2BR fair-market rent
$1,335/mo
3BR fair-market rent
$1,735/mo
4BR fair-market rent
$2,002/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
103.3 (100 = US avg)
Electricity rate (state-level)
15.3¢/kWh
Natural gas rate (state-level)
$16.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
76
Elementary schools
45
Middle schools
8
High schools
12
Charter schools
2
School districts serving the area
Department of Education State-Operated Educ Prgms, MCV-Virginia Treatment Center For Children, Department of Juvenile Justice -Education Div
Schools include
RICHMOND JUVENILE DETENTION HOME, VIRGINIA TREATMENT CTR., YVONNE B. MILLER HIGH SCHOOL, Maggie L. Walker Governor's School, CodeRVA Regional High School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
earthquake, heatWave, inlandFlooding, lightning, tornado, iceStorm
Notable hazard ratings (county)
coastalFlooding: Relatively Low · coldWave: Relatively Low · drought: Relatively Moderate · earthquake: Relatively Moderate · hail: Relatively Low · heatWave: Relatively Moderate
FEMA flood zone (varies by location)
includes A23
Flood risk level
High
Wildfire risk to homes (county)
Higher than 24% of US counties
Buildings in wildfire direct-exposure zone
64.3%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
1
Nearest Superfund site
Defense General Supply Center (DLA) (1.2 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
63.9°F
Average high
72.4°F
Average low
55.5°F
Annual precipitation
44.4 in
Annual snowfall
2.8 in
USDA plant hardiness zone
7b (extreme annual low 5 to 10°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
44
Days with Good air quality
233
Days with Moderate air quality
115
Days with Unhealthy air quality
2
Highest AQI recorded (year)
149

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
11.7 / 20
Transit service frequency
-33,023
Jobs reachable by car (30 min)
92,128
Jobs reachable by transit (45 min)
71,959

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
110
Nearest national park
Maggie L Walker National Historic Site (1 mi)
National parks include
Maggie L Walker National Historic Site, Richmond National Battlefield Park, Petersburg National Battlefield
Airports within 30 mi
340
Nearest airport
Flying W Airport (4 mi)
Nearest major airport
Richmond International Airport (RIC) (4 mi)
Hospitals nearby (~15 mi)
57
Hospitals include
BON SECOURS ST MARYS HOSPITAL, BON SECOURS MEMORIAL REGIONAL MEDICAL CENTER, BON SECOURS RICHMOND COMMUNITY HOSPITAL
Avg hospital rating (CMS)
3.3 / 5
Best hospital rating nearby (CMS)
4.2 / 5
EV charging stations (within 10 mi)
16
Solar radiation rating
Fair (4.3 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-169 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,966
Housing built before 1970
51.1%
Housing built 2000 or later
17.0%
Median annual property tax
$3,049
Mean commute to work
18 min
Households with broadband internet
77.2%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
120,989
Average weekly wage
$1,538
Top industries (by employment)
Health Care, Accommodation & Food, Professional Services
Annual residential building permits (county)
24

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

RichmondState medianUS median
Median home value$392,773$331,625$289,727
Median sale price$449,792$380,000$325,000
Median days on market26 days35 days51 days
Typical rent$1,717/mo$2,038/mo$1,808/mo
Median annual property tax$3,049$1,619$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Richmond, VA?
$392,773.
What is the median sale price in Richmond, VA?
$449,792.
How long do homes take to sell in Richmond, VA?
Median days on market: 26 days.
What is typical rent in Richmond, VA?
Typical rent: $1,717/month.
What is the natural-hazard risk in Richmond, VA?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: earthquake, heatWave, inlandFlooding, lightning, tornado, iceStorm.
Is Richmond, VA in a flood zone?
High (FEMA NFIP). Parts of the area include FEMA flood zone A23; zones vary by location within the city.
What is the wildfire risk in Richmond, VA?
Risk to homes is higher than 24% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Richmond, VA?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Richmond, VA?
1 current or proposed National Priorities List site within 5 miles (EPA). Nearest site: Defense General Supply Center (DLA), 1.2 mi.
How many schools serve Richmond, VA?
76 schools (45 elementary, 8 middle, 12 high) (NCES, 2022-23).
Is Richmond, VA walkable?
Walkability index: 11.7/20 (EPA Smart Location Database).
What is the air quality in Richmond, VA?
Good. Median AQI: 44. (EPA AQI).
What is the cost of living in Richmond, VA?
Regional Price Parity: 103.3 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

ZIP codes in Richmond

Selling a home in Richmond, VA?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents