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States / Virginia / Richmond

Richmond, VA Housing

ACS 2020-2024

Median Home Value
$353,000 ± $7,576
Median Gross Rent
$1,372 ± $20/mo
Homeownership Rate
43.5%
Rent as Share of Income
25.5%
Price-to-Income Ratio
5.5×
Vacancy Rate
8.7%
Median Year Built
1959

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
2,681
Buildings
418
Single-Family Units
368
Multi-Family Units
2,313

Nearby Cities in Virginia

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.

Richmond, VA Housing: Rent & Home Values | HomeDataUSA