Historic brick rowhouses with iron porches in Jackson Ward, Richmond

Section 4 · Inside the city line

Living inside the City of Richmond.

Verified 2026-11-07 · Miles Agee, Real Estate Advisor

The short answer

Inside the city line you trade a higher tax rate for walkable blocks and older homes. The City of Richmond's median single-family sale price was $392,500 in September 2026, and homes went under contract in a median 22 days. Real estate tax is $1.20 per $100, the highest in the region.

The mistake is touring five city neighborhoods in one afternoon. Each one is a different housing stock with a different price per square foot. Pick two.

The City of Richmond is an independent city. It is not part of Henrico or Chesterfield, even where the streets run right into them. That line decides your tax rate, your trash service, and your school division.

City of Richmond, September 2026
MeasureValue
Median single-family sale price$392,500
Median days to contract22
Real estate tax per $100$1.20
Car tax per $100$3.70

Sources: CVR MLS Local Market Update, Richmond City, September 2026; City of Richmond Finance.

Neighborhood guides

The Fan →Rowhouses from the early 1900s on a grid of tree-lined streets, between VCU and the Boulevard.Museum District →Rowhouses and porches west of the Boulevard, next to the Virginia Museum of Fine Arts.Church Hill →The city's oldest neighborhood, with the Libby Hill view down the James.Scott's Addition →Former warehouse district, now apartments, condos, breweries, and cideries.Northside →Early 1900s houses with yards, from Ginter Park to Brookland Park.Bellevue →Bungalows and a short walkable strip on MacArthur Avenue.Manchester →South bank of the James, converted warehouses and new condos facing downtown.Forest Hill →Older homes on the south side around Forest Hill Park and the river.Jackson Ward →Historic district with ironwork porches, a few blocks from downtown and VCU.Carytown and Byrd Park →The walkable Cary Street shops and the big park beside them.West End (City) →Westhampton and Three Chopt, detached homes inside the city line.

Questions people ask

What is the median home price in the City of Richmond?

$392,500 for single-family homes in September 2026, with a median 22 days to contract (CVR MLS).

Is the City of Richmond part of Henrico County?

No. Richmond is an independent city with its own tax rates, services, and school division. Henrico and Chesterfield are separate counties that border it.

What is the property tax rate in the City of Richmond?

$1.20 per $100 of assessed value for 2026.

Sources

  1. CVR MLS · checked 2026-10-26
  2. Richmond City Council · checked 2026-11-07
  3. City of Richmond · checked 2026-11-07

Photo: AI-enhanced from a photo by Morgan Riley, CC BY 3.0.

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General information, not legal, tax, or lending advice. Every figure is linked to its source and was checked on the date shown; rates change, so confirm with the locality before you rely on one. Schools: verify with the school division. Miles Agee is a Real Estate Advisor licensed in Virginia (Lic # 0225249973), on the OneSouth Realty team at Samson Properties. MAMS does not steer clients by race, color, religion, sex, familial status, national origin, disability, or any other protected class.