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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
$182,700
2023
$348,700
Total change
+$166,000
% change
+90.9%
Year Median Home Value Change
2017 $182,700
2019 $212,100 +$29,400 (16.1%)
2020 $230,800 +$18,700 (8.8%)
2021 $256,900 +$26,100 (11.3%)
2022 $331,500 +$74,600 (29%)
2023 $348,700 +$17,200 (5.2%)

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