Richmond, VA 23293 Real Estate Market Analysis | dynamic.RE
dynamic.RE
Search
Portfolio
Market Analysis
Areas
Analyze
Select a state…
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
No cities
Compare
Market Snapshot
Housing Market
County Demographics
County Economy
Richmond, VA — 23293
Median Listing Price
$290K
Population
--
Households
104,321
Median Days on Market
170
Active Listings
1
New Listings
0
Housing Market
Pricing
Median Listing Price
$290K
-- YoY
Average Listing Price
$290K
-- YoY
Price per Sq Ft
$213
-- YoY
Median Sq Ft
1,358
-- YoY
Inventory
Active Listings
1
-- YoY
New Listings
0
-- YoY
Total Listings
2
-- YoY
Buyer Competition
Pending Listings
1
-- YoY
Pending Ratio
1.00
-- YoY
Median Days on Market
170
-- YoY
Price Reduced
0.0%
-- YoY
Units & Occupancy
2024 Occupancy
114K
units
Occupied
104,321
91.3%
Vacant
9,972
8.7%
2024 Tenure
104K
occupied
Owner
45,407
43.5%
Renter
58,914
56.5%
Renter Share
56.5%
-0.1% YoY
Total Housing Units
114,293
+1.3% YoY
FY2026 Fair Market Rent — Richmond city
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,442
/month
1 BR
$1,507
/month
2 BR
$1,655
/month
3 BR
$2,072
/month
4 BR
$2,553
/month
FMR Trends — Richmond city
Source: HUD Fair Market Rents
County Demographics
Median Age
34.7
2024
Population
Richmond city Population
233,655
+1.4% YoY
Households
Total Households
104,321
+2.1% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.10
-1.4% YoY
Age
2024 Age Mix
229K
residents
Under 18
40,196
17.5%
Adults 18–64
156,919
68.4%
65 & Over
32,244
14.1%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
40,196
+0.3% YoY
Population 65 & Over
32,244
+4.0% YoY
Median Age
34.70
+0.6% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
81.6%
Moved (within US)
17.8%
Other
0.6%
Veterans
5.4%
-1.8% YoY
County Economy
Income
Median Household Income
$65K
+3.1% YoY
Per-Capita Income
$46K
+3.5% YoY
Mean Household Income
$97K
+2.7% YoY
Poverty
Below Poverty Level
18.2%
-3.2% YoY
Transportation to Work
2024 Commute Mode
of workers
Drove alone
63.0%
Public transit
2.9%
Worked from home
19.5%
Other
14.6%
Worked From Home
19.5%
+15.4% YoY
Mean Commute
21.70
-1.8% YoY
dynamic.RE