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|House Size||May||vs Last Month|
|1 bed houses||$218,283||+6.6%|
|2 bed houses||$226,012||-46.6%|
|3 bed houses||$314,107||+3.3%|
|4+ bed houses||$457,949||-10.5%|
During May 2021, the average price for an apartment in/near Richmond, VA decreased by 8.2% to $341,326.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $218,283 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $226,012. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $314,107. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $457,949 for a big-family home.
|Listing Type||May||vs Last Month|
|Townhouses for sale||$302,559||-8.6%|
|Apartments for sale||$241,000||N/A|
|Houses for sale||$351,394||-5.8%|
|Condos for sale||$363,679||-26.9%|
|Duplexes for sale||$312,500||-20.9%|
|Lofts for sale||$404,925||N/A|
While assessing the property pricing Richmond, VA, you can note that it remains flat with a price tag of $241,000. According to statistics, average house is still $351,394 with no significant changes this month. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $363,679. An average value of duplex is $312,500, thus a median price for a duplex remains the same this month. The price statistics of lofts have not significantly changed, it now still goes for $404,925. Value of the townhouses didn’t change, the price still starts at $302,559.
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