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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
$85,300
2023
$107,600
Total change
+$22,300
% change
+26.1%
Year Median Home Value Change
2017 $85,300
2019 $88,400 +$3,100 (3.6%)
2020 $86,300 $2,100 (-2.4%)
2021 $86,600 +$300 (0.3%)
2022 $96,800 +$10,200 (11.8%)
2023 $107,600 +$10,800 (11.2%)

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