Monday, November 13, 2006

Housing Report for Richmond County, Virginia

Richmond County recorded a median home value in 2000 of $86,700, published by the Decennial Census. This home value is less than the Virginia 2000 median home value of $125,400 and less than home value of $119,600 across the nation during that year.

In Richmond County, the real estate market was made up of 3,694 homes in the year 2005. This county has gone through a growth in housing units, adding in all 141 residential structures since 2001, a change of 4 percent.

There is a large amount of affordable housing in Richmond County, Virginia. In 2000, 72 percent of owner-occupied dwellings were valued under $125k.

The State of Virginia, Richmond County stands 76 of 134 by percentage growth in residential real estate. The county is positioned 1,070 of 3,141, in terms of residential real estate percentage change change in the United States.





Data Source: U.S. Census Bureau

 

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