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VA area data

Richmond, VA

Aggregated across 13 ZIP codes in Richmond.

Population: 349,090 (Census ACS)

The typical home value in Richmond, VA is $389,687 — up 1.9% over the past year. Homes sell for a median $427,871 after a median 20 days on market. Typical rent runs $1,703/month. 77 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with earthquake, heat wave, inland flooding the top-rated hazards. Cost of living is 1.1% above the US average (BEA, metro/state-level).

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

$389,687

Typical home value

+1.9%

1-year change

20

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Typical home value
$389,687
1-year appreciation
+1.9%
3-year appreciation
+8.2%
5-year appreciation
+27.8%
10-year appreciation
+96.7%
Peak value since 2000 (Mar 2025)
$391,801
House Price Index (state)
439.0 (+3.0% YoY)

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

Market activity

Median sale price
$427,871
Median list price
$430,058
Median price per sqft
$272
1-year sale-price change
+2.7%
Median days on market
20 days
Homes sold (recent period)
1,201
For-sale inventory
835
Sale-to-list ratio
101.0%
Active listings
678
1-year forecast
+1.9%
Days to pending
23 days
New listings (monthly)
366

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

Rents

Typical rent
$1,703/mo
1-year rent change
+2.8%
Studio fair-market rent
$1,456/mo
1BR fair-market rent
$1,517/mo
2BR fair-market rent
$1,651/mo
3BR fair-market rent
$2,039/mo
4BR fair-market rent
$2,499/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)
101.1 (100 = US avg)
Electricity rate (state-level)
15.3¢/kWh
Natural gas rate (state-level)
$16.80/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

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

Schools

Total schools
77
Elementary schools
45
Middle schools
8
High schools
11
Charter schools
2
Avg student-teacher ratio
12.6 : 1
School districts serving the area
Department of Education State-Operated Educ Prgms, MCV-Virginia Treatment Center For Children, Richmond City Public Schools
Schools include
Richmond Juvenile Detention Home, Virginia Treatment Ctr., Richmond Virtual Academy, Maggie L. Walker Governor's School, CodeRVA Regional High School

Source: NCES school directory, 2024-25 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
earthquake, heat wave, inland flooding, lightning, tornado, ice storm
Notable hazard ratings (county)
ice storm: Relatively High · lightning: Relatively High · winter weather: Relatively High · drought: Relatively Moderate · tornado: Relatively Moderate · heat wave: Relatively Moderate
Most common flood zone among NFIP claims (varies by location)
Zone A23
NFIP flood claims on record
573
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)
Flood zones vary by property. Look up a specific address on the FEMA Flood Map Service Center.
EPA recommends radon testing for every home regardless of zone.

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

Climate (30-year normals)

Average annual temperature
60.8°F
Average high
70.9°F
Average low
50.9°F
Annual precipitation
47.3 in
Annual snowfall
2.9 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)
37
Days with Good air quality
287
Days with Moderate air quality
78
Highest AQI recorded (year)
79

Source: EPA annual air quality index (county-level)

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
9
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
28
Nearest airport
Flying W Airport (4 mi)
Nearest major airport
Richmond International Airport (RIC) (4 mi)
Hospitals in or near a typical ZIP here
12
Hospitals include
JOHN RANDOLPH MEDICAL CENTER, MEDICAL COLLEGE OF VIRGINIA HOSPITALS, BON SECOURS ST MARYS HOSPITAL
Avg hospital rating (CMS)
3.9 / 5
Best hospital rating nearby (CMS)
4.9 / 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 (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
-169 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1966
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
126,164
Average weekly wage
$1,682
Top industries (by employment)
Health Care, Administrative Services, Accommodation & Food
Annual residential building permits (county)
27

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

How it compares

RichmondState medianUS median
Typical home value$389,687$327,706$288,527
Median sale price$427,871$380,000$325,000
Median days on market20 days35 days51 days
Typical rent$1,703/mo$1,993/mo$1,809/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 typical home value in Richmond, VA?
$389,687.
What is the median sale price in Richmond, VA?
$427,871.
How long do homes take to sell in Richmond, VA?
Median days on market: 20 days.
What is typical rent in Richmond, VA?
Typical rent: $1,703/month.
What is the natural-hazard risk in Richmond, VA?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: earthquake, heat wave, inland flooding, lightning, tornado, ice storm.
Is Richmond, VA in a flood zone?
Flood zones vary by property across the city. 573 FEMA flood-insurance (NFIP) claims are on record; the most common zone among them is A23. Check a specific address on the FEMA Flood Map Service Center.
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?
77 schools (45 elementary, 8 middle, 11 high) (NCES, 2024-25).
Is Richmond, VA walkable?
Walkability index: 11.7/20 (EPA Smart Location Database).
What is the air quality in Richmond, VA?
Good. Median AQI: 37. (EPA AQI).
What is the cost of living in Richmond, VA?
Regional Price Parity: 101.1 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

ZIP codes in Richmond

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Data last updated

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

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