Richmond city, VA — Housing & Real Estate
Home values, rent, homeownership rates, housing types, and property taxes
Housing Overview
Source: Census Bureau ACS (2023)Median Home Value
$328,100
Median Rent
$1,314/mo
Homeownership
43.5%
Vacancy Rate
9.5%
Total Housing Units
112,848
Property Tax
$2,834/yr
Housing Tenure
Source: Census Bureau ACS (2023)Owner-Occupied43.5%
Renter-Occupied56.5%
Housing Types
Source: Census Bureau ACS (2023)Single Family52.5%
Multi-Family46.7%
Mobile Home0.8%
Owner Costs
Source: Census Bureau ACS (2023)With Mortgage
$1,514/mo
Without Mortgage
$1,843/mo
Median Year Built
1959
The median home value in Richmond city, VA is $328,100 according to 2023 Census Bureau estimates. The median monthly rent is $1,314. 43.5% of housing units are owner-occupied. There are 112,848 total housing units in the county. The vacancy rate is 9.5%.