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Median Home Price in Richmond City, VA

The median home value in Richmond City, VA is $373,235 as of 2026-07-31, up 1.34% from a year earlier.

Median Home Value

$373,235

Year-over-Year

+1.34%

National Rank

#559 of 3071

Richmond City ranks 45th out of 133 counties in VA by median home price, and is +59.3% above the U.S. national median of $234,352. Within VA, the typical county has a median home value of $312,612, making Richmond City +19.4% above the VA state median.

View Richmond City on the interactive county map →

Can you afford a home in Richmond City?

Households here earn a median of $64,587 a year against a typical home value of $373,235 — a price-to-income ratio of 5.8×, past the 5× level generally described as severely unaffordable. That is less affordable than roughly 92% of U.S. counties. (How this is calculated.)

Crime in Richmond City

Reporting agencies in Richmond City recorded a violent crime rate of 337 per 100,000 residents in 2024 — around the middle of the national range. Property crime runs at 3,179 per 100,000.

Based on 1 reporting city covering 231,805 residents (FBI UCR data — what this covers).

Common questions about Richmond City

How much does a house cost in Richmond City, VA?

The median home value in Richmond City is $373,235. That's up 1.34% from a year earlier. That is about 59.3% above the U.S. national county median of $234,352, and makes Richmond City the 45th most expensive of 133 counties in Virginia.

Is Richmond City affordable?

Median household income here is $64,587, so a typical home costs about 5.8× annual household earnings — expensive compared with other U.S. counties.

Is Richmond City a safe place to live?

Reporting police departments in Richmond City recorded 337 violent crimes per 100,000 residents. That figure covers 231,805 residents across 1 reporting city, so it reflects the county's incorporated areas rather than every community within its borders.