6 hours on Rocket
$4,204 Closing Credit¹
#2506226, Kim Sebrell, Listing Office: Keller Williams Realty
Richmond County Housing Market Report February 2025•Richmond County, Virginia
Housing Prices in Richmond County, VA
How much do homes in Richmond County, VA cost?
Housing Market Conditions
Is Richmond County, VA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Richmond County is a Seller's Market
Difference Since February 2024
At the same time last year, Richmond County was a Buyer's Market.
Insight
Richmond County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$266,500$180/SqFt
+$11,502
+4.5%
Based on all homes sold in the last 12 months
Insight
Homes in Richmond County have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in Richmond County was $266,500 in February 2025, up 4.5% from last year, and the median price per square foot was $180.
Median Sold Price By Counties
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Lancaster County | $480K | $538K | +12.1% |
| Westmoreland County | $304.1K | $334K | +9.8% |
| Northumberland County | $397K | $425K | +7.1% |
| Essex County | $289K | $305.3K | +5.7% |
| Richmond County | $254.9K | $266.5K | +4.5% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $354.4K | $49K | -86.2% |
| 22 Bedrooms | $208K | $133.5K | -35.8% |
| 33 Bedrooms | $259.9K | $301.9K | +16.1% |
| 44 Bedrooms | $340K | $624.5K | +83.7% |
| 55+ Bedrooms | $244.5K | $215K | -12.1% |
Summary: Richmond County housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -86.2%. The home price for 2 bedroom homes decreased by -35.8%. The home price for 3 bedroom homes increased by +16.1%. The home price for 4 bedroom homes increased by +83.7%. The home price for 5 bedroom homes decreased by -12.1%.
How does Richmond County, VA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Richmond County, VA
Housing supply in Richmond County, VA
How many homes are available in Richmond County, VA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 70Last MonthFeb 2025 | ||
| 682 months agoJan 2025 | +2.9 % Change MoMJan – Feb |
Summary: The Richmond County real estate market had 70 homes for sale in Feb 2025, a 2.9 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 14Last MonthFeb 2025 | ||
| 122 months agoJan 2025 | +16.7 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 5 | 6 | +20.0% |
| 33 Bedrooms | 46 | 44 | -4.3% |
| 44 Bedrooms | 13 | 14 | +7.7% |
| 55+ Bedrooms | 3 | 5 | +66.7% |
Summary: Richmond County housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +20.0%. The inventory for 3 bedroom homes decreased by -4.3%. The inventory for 4 bedroom homes increased by +7.7%. The inventory for 5 bedroom homes increased by +66.7%.
Asking Price vs. Sold Price
How much do homes in Richmond County, VA cost?
Over Asking Price0 Home
At Asking Price7 Homes
Under Asking Price7 Homes
Insight
If you're buying a home in Richmond County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Richmond County in February 2025, up by 16.7% month-over-month. Of the 14 sold homes, 50% were sold under asking, 50% were sold at asking, and and 0% were sold over asking.
Days on Market for Richmond County, VA
How long does it take to sell a home in Richmond County, VA?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days5 Homes
Over 90 Days7 Homes
Insight
Most homes in Richmond County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During February 2025, 14 homes were sold in Richmond County; 14% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 104 DaysThis YearFeb 2025 | ||
| 58 Days1 year agoFeb 2024 | +78.2 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Richmond County had an average listing age of 104 days in Feb 2025, up by 78.2% compared to the previous year.
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Newest Listings in Richmond County, VA
What homes are available in Richmond County, VA?
11 hours on Rocket
$8,905 Closing Credit¹
#118432, B. Jason Patton, Listing Office: Bay River Realty
23 hours on Rocket
$4,275 Closing Credit¹
#2504783, Teresa Melton, Listing Office: BHHS PenFed Realty
5 days on Rocket
$2,363 Closing Credit¹
#118415, Lavar Rich, Listing Office: Middle Bay Realty - K
6 days on Rocket
$2,849 Closing Credit¹
#2505701, Brandon Prince, Listing Office: Oakstone Properties
$1,069 Closing Credit¹
#VARV2000464, Angela Nicole Carter, Listing Office: EXIT Realty Expertise
$2,138 Closing Credit¹
#111456, A. Joseph Self, Jr., Listing Office: Joe Self Realty
#118398, Kevin Kuykendall, Listing Office: Middle Bay Realty - B
$3,739 Closing Credit¹
#118296, Danny Joe Mundy, III, Outside R.e. Agent last name, Listing Office: Re/Max Supercenter
#VARV2000462, Angela Nicole Carter, Listing Office: EXIT Realty Expertise
Backup offers
$3,147 Closing Credit¹
#118368, Franklin Shockley Jr., Listing Office: Hometown Realty
$4,173 Closing Credit¹
#VARV2000458, Kim Wright Sebrell, Listing Office: Keller Williams Richmond West
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MLS Disclaimers and Copyright
Based on information from Central Virginia Regional MLS, BrightMLS, and Northern Neck Association of Realtors MLS for the period 03/01/2023 - 03/01/2025
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service,LLC. All rights reservedData displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 11:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
© 2025 Northern Neck Association of Realtors MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of NNMLS. Information is for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 11:16:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 11:16:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.