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Homes For Sale In Richmond, VA
Richmond VA is understated, there are no flashy ultra-modern skyscrapers, no in-your-face sculptures dominating every park. Instead, the true charm of homes in Richmond is in the details of the community, tiny things like the way tree roots push up through the brick sidewalks, the pickup soccer games happening in every little park every summer evening, or the freight train whistle sounding off in the distance late at night. We’ll check out the character of the local real estate market, how best to get around town, and some fun things you can look forward to if you choose to invest in Virginia real estate by making the move to Richmond.
Richmond VA Real Estate Market
Richmond’s real estate has access to great infrastructure both for inter and intra-city commutes. Likewise, the homes for sale in Richmond VA have a median price that reflects this value and sits at just over $300,000, about seventy-thousand dollars less than the U.S. average. In short, just about every house for sale in Richmond is a great deal by most comparisons with similarly sized cities.
Though it is most certainly a seller’s market, with over 60% of homes for sale in Richmond selling for above their listing price, buyers still have some leeway and it’s not unusual to see some sellers post price drops in order to sell their homes. Though Richmond’s market is undoubtedly hot, both buyers and sellers in Richmond can expect their competitive market to be a fair market.
Some of the highest-value houses for sale in Richmond are found in Willow Lawn, The Fan, and Museum District. These Richmond homes for sale are almost exclusively two-story walk-ups with painted brick facades and large front porches. The majority of the homes for sale in east of Interstate 195 were built between 1910 and 1930, while some can be found dating back to the mid-1800s. These houses in Richmond for sale typically list between $700,000 to $900,000, with a few outliers in the $400,000 to $700,000 range.
You’ll find more affordable homes for sale in Richmond north of I-64, in neighborhoods like Brookland Park and Bellevue. If you’re looking for condos for sale in Richmond, you can find properties all up and down Broad Street, as well as throughout downtown and Shockoe Bottom. The affordable range of Richmond homes for sale is around $200,000 to $400,000.
Overall, Richmond has a strong, attractive real estate market with home values increasing by over 60% in the last five years.
To help you get a grasp on Richmond, we’ll break it up into five distinct neighborhoods that show off all the little variations on the same theme: Richmond is an under-the-radar city where the beauty is in the details.
Distances to Major Cities
- 108 miles to Washington D.C.
- 93 miles to Norfolk, VA
- 171 miles to Raleigh, NC
- 150 miles to Baltimore, MD
Neighborhoods In Richmond VA
The Fan
While no single neighborhood perfectly encapsulates all there is to love about homes in Richmond, The Fan is certainly one of the most well-known of Richmond’s neighborhoods. Named The Fan for how the streets “fan-out” like bicycle wheel spokes from downtown Richmond, the Fan is a somewhat disorienting series of early twentieth-century row houses covered in ivy and overflowing with plant life in the summer. Truthfully in the summer, The Fan has more plant life than your average park growing out of every nook and cranny it can find. All the trees are mature and provide plenty of shade, which will make those hot summer walks much easier.
It’s relatively easy to find parking anywhere in the Fan and you’ll rarely have to park more than a few blocks away if you can’t find a spot on your street. The Fan homes for sale has immediate access to great restaurants on Main and Strawberry streets, as well as several cafes hidden around the neighborhood. In fact, The Fan has tons of little easter eggs hidden here and there, such as mesmerizing murals and a life-size statue of a velociraptor. The Fan homes for sale caters to an even mix of retirees, families, and college students, who oftentimes all live on the same street.
It’s relatively easy to find parking anywhere in the Fan and you’ll rarely have to park more than a few blocks away if you can’t find a spot on your street. The Fan homes for sale has immediate access to great restaurants on Main and Strawberry streets, as well as several cafes hidden around the neighborhood. In fact, The Fan has tons of little easter eggs hidden here and there, such as mesmerizing murals and a life-size statue of a velociraptor. The Fan homes for sale caters to an even mix of retirees, families, and college students, who oftentimes all live on the same street.
Shockoe Bottom
Shockoe Bottom is just to the east of Richmond’s downtown, located at the base of a steep, impressive hill. In fact, the view from downtown looking towards Shockoe Bottom is one of the most endearing vistas that Richmond has to offer.
Shockoe Bottom is much more vertical than the Fan. The buildings there are taller with overpasses vaulting like arches high overhead. Many of the buildings here date back to before the Civil War, and even the new buildings in Shockoe Bottom have an understated style that blends in well. Homes for sale in Shockoe Bottom tends to attract young professionals and is a great neighborhood for anyone looking to invest in rental properties in Richmond. Shockoe also has its fair share of restaurants and cafes to explore. There are also lots of walking trails down by the James River perfect for getting in daily exercise or clearing your head after a long day of work.
Shockoe Bottom is much more vertical than the Fan. The buildings there are taller with overpasses vaulting like arches high overhead. Many of the buildings here date back to before the Civil War, and even the new buildings in Shockoe Bottom have an understated style that blends in well. Homes for sale in Shockoe Bottom tends to attract young professionals and is a great neighborhood for anyone looking to invest in rental properties in Richmond. Shockoe also has its fair share of restaurants and cafes to explore. There are also lots of walking trails down by the James River perfect for getting in daily exercise or clearing your head after a long day of work.
Willow Lawn
If you’re looking for a neighborhood to settle down in with your family, or just looking for more space to yourself, Willow Lawn should be at the top of your Richmond homes for sale wish list. This neighborhood is private and extremely well-maintained, with beautiful green lawns fronting every house. Most homes for sale in Willow Lawn are one-to-two-stories, with brick or stone exteriors, sitting on about .2 acres of land a piece. If you want to have a big backyard for your kids or your dog to run around in, Willow Lawn homes for sale has everything you need. But you’re not way out in the suburbs of Richmond either. Willow Lawn is less than a ten-minute drive to downtown Richmond. Another big plus to living in Willow Lawn is your proximity to larger department stores and niche grocery stores like Costco and Trader Joes. Whether you work from home or commute into the city, you’ll find life in Willow Lawn to be relaxing and family friendly year round.
Scott’s Addition
If leading an active, social lifestyle is a top priority for you, Scott’s Addition is the best neighborhood in Richmond to make that happen. As far as friend get–togethers go, homes for sale in Scott’s Addition has everything you need, all within walking distance. Many residents of Scott’s Addition live in the condos that line Broad Street (Richmond’s ‘true’ main street) and go out in the evenings and on the weekends to all the top-of-the-line breweries that have made Scott’s Addition famous throughout the region. We can’t mention Scott’s Addition without also drawing your attention to the baseball diamond home to the Richmond Squirrels, the beloved Richmond minor league baseball team, whose home games are always a blast. Between ball games and breweries, you’ll never lack for things to do in Scott’s Addition.
Randolph
Randolph is a lowkey neighborhood overflowing with charm. It’s a smaller neighborhood squeezed between downtown, Hollywood Cemetery, the downtown expressway, and the James River. Though Randolph is small, it has a lot of heart. Most homes for sale in Randolph are two story walk ups, some townhouses, some detached with a few feet between one house and the next. Despite its proximity to downtown Richmond and Virginia Commonwealth University, Randolph is a quiet neighborhood with little through-traffic. If you like having quick access to parks as well as to the city, Randolph is a perfect place to call home.
Schools In Richmond VA
In a state ranked fourth in the nation for the quality of its schools, you can expect Richmond and its surrounding areas to have some of the best schools in Virginia. The Richmond Public School System serves nearly thirty-thousand students divided into two dozen elementary schools, seven middle schools, and six high schools. We’ve collected a brief list of some of the top schools in Richmond, VA to make your school-search all the more easier.
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Tuckahoe Elementary School
Public, PK-5
701 Forest Ave, Richmond, VA 23229 -
Gayton Elementary School
Public, PK-5
12481 Church Rd, Richmond, VA 23233 -
Pemberton Elementary School
Public, PK-5
1400 Pemberton Rd, Richmond, VA 23238 -
Richmond Community High School
Public, 9-12
201 E Brookland Park Blvd, Richmond, VA 23222 -
Godwin High School
Public, 9-12
2101 Pump Rd, Richmond, VA 23238
FAQ About Richmond VA
What county is Richmond, Virginia in?
Richmond, VA is an independent city. The nearest counties are Henrico and Chesterfield.
What is the zip code for Richmond, Virginia?
These are some of the most popular zip codes in Richmond:
Where is the nearest commercial airport in Richmond, Virginia?
The nearest commercial airport is Richmond International Airport, about nine miles east of the city center.
Things To Do In Richmond VA
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Hang out on Belle Isle
On those hot summer days in Richmond (don’t worry, there’ll be plenty of them), head down to the James River and walk on the commuter bridge over to Belle Isle. Belle Isle is a large island that sits in the center of the James River and features historic parks and a stoney shoreline perfect for sunbathing and casual swimming with your friends and family. -
See a Concert at The National
The National is an old-school theater in Downtown Richmond that brings in famous bands such as The Infamous Stringdusters, Marcus King, and Trey Anastasio Band. -
Go on a Brewery Run in Scott's Addition
Scott’s Addition is ripe with great breweries on every corner. Get locally brewed porters, ales, and stouts from places like The Veil Brewing Co., Strangeways Brewing, and the elusive Isley Brewing Company. -
Visit the Virginia Museum of Fine Arts
The VMFA is more than just an art museum, though it features pieces by artists ranging from Salvador Dali to Vincent Van Gogh to Pablo Picasso. The VMFA also features ancient archeological finds from the age of the Pharaohs to medieval China. The VMFA is deceptively large, easy to get lost in, and full of secret exhibits that you’ll discover each time you visit. -
Check out the Edgar Allan Poe Museum
Though much smaller than the VMFA and on the other side of town, the Edgar Allan Poe museum has a lot to cherish for any literary lovers of the most twisted 19th-century American writer. This museum features many artifacts of Poe’s life, as well as two enigmatic black cats called Edgar and Pluto. -
Go to a Squirrels Game
The Richmond Squirrels put on a good game, no one can dispute that. This minor league team is a big draw in Richmond and their home games are a blast that all residents should check out at least once or twice a season. -
See a movie at the Byrd Theater
The Byrd Theater might not look like much on the outside, just your average old-school movie theater with a big marquee. Go inside, though, and you’ll see one of the most lavishly decorated interiors in Richmond. The seats are old, springy, and uncomfortable, and locals love it. The Byrd Theater mainly plays old films, and instead of showing previews that blast your eardrums, a man named Bob comes out and plays a fantastic 12-minute solo on a Wurlitzer organ that descends below the stage as the movie starts. Check out the Byrd Theater and you’ll never want to go to a different theater ever again. -
Explore Hollywood Cemetery
Hollywood Cemetery is a massive graveyard just southeast of Richmond’s downtown. You can easily get lost in this maze of hills and aged tombs. We won’t spoil who’s buried here, that’s for you to find out, but we’ll say there are several presidents and more than a few characters you wouldn’t expect to see. We recommend going in the Fall when it’s cooler and extra spooky. -
Relax at Maymont
If you're lucky enough to have a house in Richmond near this park, Maymont is a large park featuring several designer gardens, including an Italian terrace garden and a Japanese garden with several hundred year old maples. Maymont also has an elegant Victorian home that you can tour and, of all things, a few buffalo to boot. -
Eat at El Pope
This humble Salvadoran restaurant on West Main Street is one of the best restaurants in Richmond and the state of Virginia in general. El Pope’s food is legendary, elegant, and cheap and will quickly become a favorite if you live within twenty minutes of its culinary excellence.
Richmond, VA Day Trips
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Go to Petersburg National Battlefield
About a half-hour south of Richmond, Petersburg and its adjoining battlefield witnessed the longest siege of the American Civil War. Petersburg won’t be nearly as crowded as the more popular battlefields like Gettysburg or Fort Sumter, and with guided tours you can learn a lot about the past in an afternoon and be back home for dinner without any problem. -
Hike in Shenandoah National Park
Head west out of Richmond on I-64 for a little over an hour and once you near the town of Charlottesville you’ll be right in the foothills of the Blue Ridge Mountains. Head up into the mountains and hike all around Shenandoah National Park. The park is about a hundred miles long and narrow, mostly sticking to the mountains and their slopes. You can enjoy this park all year round and the round trip from Richmond is no more than four hours. -
Go to Williamsburg, VA
Williamsburg, VA is one of the oldest towns in Virginia, founded in 1632, and used to be the state capital. Williamsburg features a colonial section of its old town with preserved and restored buildings that date back to the 17th and 18th centuries. If you head to Williamsburg you might as well visit the Busch Gardens amusement park and ride some roller coasters, or head to the coastal town of Yorktown where the American Revolutionary War ended.
Transportation In Richmond VA
Homes for sale in Richmond, VA, have access to a remarkably efficient transportation system. Most of its major east-west roads are one-way to facilitate traffic. In Richmond’s West End some of the smaller streets are one way as well, which can take some getting used to. Richmond also has several freeways interlacing the city, which help residents connect to the two major interstates that intersect at the River City, I-95 and I-64. Except during Rush Hour, traffic rarely gets backed up, and when it does, you’ll rarely be stopped for longer than five minutes at a time. Most residents do tend to get around by car, but Richmond is very walkable. Public buses operate on most of the bigger streets, and there’s even an international airport operating to the east of the city.