Richmond, VA Real Estate
According to census data in the year 2000 there were 92,282 housing units in Richmond.
This represents a 2% decline from 94,141 in 1990.
Of those housing units, 92,282 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Richmond is about 46.1%.
Richmond's vacancy rate, including seasonal lodging, is about 8.4%.
Average household size is 2.21 people.
The majority of houses, apartments or condos in Richmond were built after 1955.
|Housing Units by Size|
|Five Bedrooms or more||2.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.35|
|Median year structure was built||1950|
|Median Value of occupied units||$87,300|
|Median Price asked for vacant units||$67,900|
Rented Homes, Apartments and Condos
|Average Household Size||2.08|
|Median year structure was built||1961|
|Median Monthly Rent asked for vacant units||$442|
Owners Finance Status
|Second Mortgage & Equity Loan||0.40%|
|Home Equity Loan||9.20%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.7%|