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
$159,200
2023
$228,000
Total change
+$68,800
% change
+43.2%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $159,200 | — |
| 2019 | $182,300 | +$23,100 (14.5%) |
| 2020 | $187,900 | +$5,600 (3.1%) |
| 2021 | $192,400 | +$4,500 (2.4%) |
| 2022 | $221,500 | +$29,100 (15.1%) |
| 2023 | $228,000 | +$6,500 (2.9%) |