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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
$158,700
2023
$229,800
Total change
+$71,100
% change
+44.8%
Year Median Home Value Change
2017 $158,700
2019 $157,600 $1,100 (-0.7%)
2020 $172,400 +$14,800 (9.4%)
2021 $175,600 +$3,200 (1.9%)
2022 $193,700 +$18,100 (10.3%)
2023 $229,800 +$36,100 (18.6%)

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