Richmond city: Median Home Value Trend
How Richmond city's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$371,900
2023
$650,100
Total change
+$278,200
% change
+74.8%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $371,900 | — |
| 2019 | $462,600 | +$90,700 (24.4%) |
| 2020 | $505,800 | +$43,200 (9.3%) |
| 2021 | $557,900 | +$52,100 (10.3%) |
| 2022 | $624,800 | +$66,900 (12%) |
| 2023 | $650,100 | +$25,300 (4%) |