What the Pros Know

229,247

Population

0.4% YoY

2023

34

Median Age

1.2% YoY

2022

$59,606

Median Household Income

8.8% YoY

2022

133,360

Labor Force

1.3% MoM

4.6% YoY

7/2025

127,823

Employed

1.2% MoM

4.3% YoY

7/2025

4.2%

Unemployment Rate

2.4% MoM

7.7% YoY

7/2025

$425,000

Median Sale Price

8.6% MoM

12.6% YoY

8/2025

195

Homes Sold

2.0% MoM

28.3% YoY

8/2025

1.9

Months Inventory

28.1% MoM

10.2% YoY

8/2025

16

Days on Market

2 MoM

6 YoY

8/2025

366

Listings

8.3% MoM

22.4% YoY

8/2025

258

Price per Sq Ft

8.2% MoM

1.4% YoY

8/2025

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Cities included in Richmond: Richmond


Zip Codes included in Richmond: [Click for zip code level data] 23173, 23219, 23220, 23221, 23224, 23225, 23226, 23284, 23298


 1.  Population Data from U.S. Census Bureau.
 2.  Employment Data from Bureau of Labor and Statistics
 3.  Sales Data provided by Redfin, a national real estate brokerage.

MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.

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