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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
$94,800
2023
$135,500
Total change
+$40,700
% change
+42.9%
Year Median Home Value Change
2017 $94,800
2019 $100,800 +$6,000 (6.3%)
2020 $98,600 $2,200 (-2.2%)
2021 $112,300 +$13,700 (13.9%)
2022 $137,500 +$25,200 (22.4%)
2023 $135,500 $2,000 (-1.5%)

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