Sell My House Fast in Richmond, VA with an iBuyer

Market Overview

Richmond, VA Home Value Estimates

With a rich history in the American Revolution and Civil War as the capitol of the Confederacy, Richmond has undergone a lot of transformation to become the vibrant city it is today. Richmond is in the east-central part of Virginia at the head of the James River. The Richmond Memorial Battlefield Park and the Virginia Museum of Fine Arts are must visits for residents and Civil War Enthusiasts.

Richmond has cold, snowy winters from December to March with an average high temperature below 55 degrees. The summers are from late May to mid -September with high temperatures in the high 80’s and lows in the 70’s.

Richmond’s population in 2018 was 228,783 with a growth rate of 0.80%. The job market has increased 1.8% over last year. The 10-year predicted job growth is 37.1%. Tobacco has historically been and continues to remain important economically. Other industries include printing and publishing and the manufacture of textiles, pharmaceuticals, metals, chemicals, wood and paper products. Major companies include Estes Express Lines – freight transportation, Union Bank and Trust, LeClair Ryan, and McGuire Woods. The cost of living is moderate due to the Richmond real estate market and availability of affordable homes.

Real estate market data in Richmond

Average Monthly Rent:

$1,078

Percentage Change in Home Price/Value:

4.20%

Median Home Value:

$217,500

Best Time To Sell Home:

July

Affordability Index:

169.2

Days To Sell House:

63.25

Job Market:

Fair

Public School Ranking:

4

Hottest Neighborhoods:

Mary Munford, Three Chopt, Colonial Place, Malvern Gardens, Stonewall Court, The Fan, Monument Avenue Park, Windsor Farms, The Museum District, Carytown

Top iBuyers in Richmond

Zillow Offers

Zillow Offers

Zillow has a new home buying service program. This type of program is called iBuying. They will purchase your home sight unseen if it fits their criteria.

Opendoor

Opendoor

Opendoor is the pioneer in the space of iBuying. They are considered the first iBuyer to take the concept of purchasing a home using a data based algorithm to estimate value.

Offerpad

Offerpad

Offerpad started in 2015 from of the roots of a real estate professional that realized the process to sell a home had many areas of stress and uncertainty.

Richmond iBuyers

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