Home › Counties › Richmond City, VA
The median home value in Richmond City, VA is $368,925 as of 2026-08-31, up 1.81% from a year earlier.
Median Home Value
$368,925
Year-over-Year
+1.81%
National Rank
#561 of 3071
Richmond City ranks 45th out of 133 counties in VA by median home price, and is +56.9% above the U.S. national median of $235,072. Within VA, the typical county has a median home value of $307,999, making Richmond City +19.8% above the VA state median.
The typical home value decreased by 1.3%, from $373,810 in May 2026 to $368,925 in Aug 2026.
Monthly Zillow Home Value Index snapshots retained by HomePriceMap. A short history is shown now and grows automatically as each new monthly release arrives.
| Month | Typical home value | Year-over-year change |
|---|---|---|
| May 2026 | $373,810 | +1.0% |
| Jun 2026 | $374,985 | +1.1% |
| Jul 2026 | $373,235 | +1.3% |
| Aug 2026 | $368,925 | +1.8% |
Households here earn a median of $64,587 a year against a typical home value of $368,925 — a price-to-income ratio of 5.7×, past the 5× level generally described as severely unaffordable. That is less affordable than roughly 92% of U.S. counties. (How this is calculated.)
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).
The median home value in Richmond City is $368,925. That's up 1.81% from a year earlier. That is about 56.9% above the U.S. national county median of $235,072, and makes Richmond City the 45th most expensive of 133 counties in Virginia.
Median household income here is $64,587, so a typical home costs about 5.7× annual household earnings — expensive compared with other U.S. counties.
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.
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