Homes for Sale in Richmond, VA

Richmond’s market includes a broad mix: single-family houses, townhomes, historic homes (like Victorian rowhouses), modern infill builds, and condos. There’s something for every lifestyle, from downtown living to quieter suburban neighborhoods.

Richmond is served by Richmond Public Schools, along with several highly rated private and charter schools. Families also benefit from proximity to surrounding counties with additional school options.

Yes — Richmond has strong long-term investment appeal. With its mix of urban and suburban housing, relatively affordable prices (compared to many East Coast metros), and steady demand, it's attractive for both buy-and-hold and value-add strategies.

The market remains somewhat competitive. Home prices have appreciated, though growth is moderating in some segments. Inventory is climbing, and buyer momentum is showing pockets of both strength and balance.

Homes in Richmond are selling relatively fast. On average, sellers are seeing multiple offers, and well-priced homes can move quickly — though not at the breakneck pace of an extreme seller’s market.

Richmond’s median home price sits in the low-to-mid $400,000s, reflecting steady year-over-year growth. Single-family homes typically trend slightly lower, depending on the neighborhood and condition. Overall, the market continues to show healthy buyer activity and rising property values across the city.

The rental market is active and healthy, driven by a mix of students, young professionals, and long-term residents. Rental demand holds up well, particularly in neighborhoods with good transit, amenities, and walkability.

Popular areas include The Fan, Museum District, Church Hill, West End, and Shockoe Bottom. Each neighborhood offers a different character — from historic architecture to walkable, city-core living.

Richmond has decent road connectivity and growing transit options. Many residents rely on personal vehicles, but public transit and walkable neighborhoods make commuting manageable, especially in more central parts of the city.

Richmond offers a rich quality of life: historic districts, parks, arts and culture, craft breweries, and a growing food scene. Whether you want river access, walkable streets, or a suburban feel, Richmond gives you many compelling options.