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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
$209,200
2023
$328,100
Total change
+$118,900
% change
+56.8%
Year Median Home Value Change
2017 $209,200
2019 $230,500 +$21,300 (10.2%)
2020 $244,200 +$13,700 (5.9%)
2021 $263,000 +$18,800 (7.7%)
2022 $308,300 +$45,300 (17.2%)
2023 $328,100 +$19,800 (6.4%)

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