Median price for residential in as of May, 2022.
Take into account that the price depends on the location and condition of the . The size and amenities might have a large influence on the asking price as well.
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.