Home values, rents and more in the Richmond metro area
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open Richmond metro in ProMap- Under $240k
- $240k–$290k
- $290k–$360k
- $360k–$430k
- $430k+
- No data
How the Richmond metro compares
The typical home in the Richmond metro area is worth about $392,000, according to the Zillow Home Value Index for September 2026. Home values in the Richmond metro are 5% below the typical value in Virginia ($412,000) and 7% above the U.S. typical value ($366,000).
Over the past year, home values in the Richmond metro rose 2.6%, compared with +2.1% in Virginia and +1.2% nationally.
Typical rent is $1,706 a month (Zillow Observed Rent Index), 16% below Virginia ($2,041) and 12% below the U.S. ($1,932). Rents rose 2.7% over the past year.
The median household income is $86,679, against $93,170 in Virginia and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 1,389,338 people live in the Richmond metro (Census Bureau estimate for July 2025).
The Richmond metro has the 165th-highest typical home value of the 923 metro areas in the United States and the 2nd-highest of 12 in Virginia with Zillow figures.
Part of: Virginia
More for the Richmond metro in ProMap Plus
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Zillow 12-month price forecast
- School test scores
- Flood, wildfire and natural hazard risk
- Property-tax rate
- Unemployment and job growth
- Building permits
- Mortgage delinquency
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby metro areas
Counties in the Richmond metro
- Amelia County, VA $331,000
- Charles City County, VA $274,000
- Chesterfield County, VA $410,000
- Colonial Heights city, VA $280,000
- Dinwiddie County, VA $301,000
- Goochland County, VA $583,000
- Hanover County, VA $456,000
- Henrico County, VA $397,000
- Hopewell city, VA $216,000
- King William County, VA $352,000
- King and Queen County, VA $299,000
- New Kent County, VA $448,000
- Petersburg city, VA $197,000
- Powhatan County, VA $494,000
- Prince George County, VA $356,000
- Richmond city, VA $366,000
- Sussex County, VA $184,000
Cities in the Richmond metro
- Richmond, VA $362,000
- Mechanicsville, VA $442,000
- Petersburg, VA $249,000
- Chester, VA $391,000
- Hopewell, VA $232,000
- Midlothian, VA $469,000
- Colonial Heights, VA $296,000
- Glen Allen, VA $513,000
- Highland Springs, VA $259,000
- Lakeside, VA $340,000
- Montrose, VA $256,000
- Bellwood, VA $323,000
- Ashland, VA $464,000
- Sandston, VA $320,000
- Bensley, VA $257,000
- Chamberlayne, VA $370,000
- West Point, VA $338,000
- Waverly, VA $199,000
- Prince George, VA $349,000
- Wakefield, VA $218,000
- Goochland, VA $419,000
- New Kent, VA $448,000
- Amelia Court House, VA $339,000
- Powhatan, VA $479,000
- Disputanta, VA $371,000
- Dinwiddie, VA $306,000
- McKenney, VA $271,000
- Stony Creek, VA $184,000
- King William, VA $351,000
- Charles City, VA $282,000
- Hanover, VA $429,000
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.