|Apartment Size||May||vs Last Month|
|1 bed for sale||$273,266||+51.9%|
|2 bed for sale||$362,833||-0.8%|
|3 bed for sale||$406,633||-13.1%|
|4+ bed for sale||$627,791||-15.3%|
Over the May 2022, the median price for a loft in/near Richmond, VA plummeted by 16.5% to $433,797.
The average price for a 1-bed loft didn’t change, making it available for $273,266. A 2-bed loft price average remains the same, purchase this type of property for $362,833. The average price for 3-bed loft didn’t demonstrate any significant changes, it’s still on the market for $406,633. The price for 4- and more bed loft didn`t show significant changes, lofts of this size are available for $627,791.