Are home prices going up or down in Richmond City County, VA?

In Richmond City County, VA, the typical home sold for $426,000 during May 2026. That is 3% lower than the same stretch a year ago, so prices are down.

$426,000

Typical sale price

▼ 3% vs last year

$391,495

Three years ago

$272

Per square foot

$437,000

Typical asking price

Over the last 36 months the typical sale price in Richmond City County, VA went from $391,495 to $426,000 — up 9%.

The high point was $440,733, reached in May 2025. Today's typical sale is 3% below that.

Measured by size, homes in Richmond City County, VA are selling for about $272 per square foot. Price per square foot is the fairer comparison when the mix of what sells shifts from month to month — a run of big houses can push the typical price up without anything actually getting more expensive.

Source: Redfin's published market data for the Richmond City County, VA area, through May 2026.

Typical sale price, month by month.

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Figures come from Redfin's published market data for the Richmond City County, VA area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.