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Chestnut Hill

Chestnut Hill

$316,088 Average Value
$211 Average Price per Sq Ft
14 Homes For Sale

Chestnut Hill is a character-rich North Side neighborhood

Chestnut Hill, which is sometimes called Highland Park Southern Tip, is a pocket of early 20th-century homes just north of Richmond ’s downtown. Originally developed as a streetcar suburb, the architecture — which includes American Foursquares and Queen Anne homes — is one of the area’s biggest draws. Many of the homes here have been renovated, breathing new life into this historic North Side neighborhood. Downtown Richmond is a 10-minute drive away, and Brookland Park ’s trendy restaurants are nearby.

Revitalization creates a mix of long-term and new residents

Chestnut Hill has a mix of long-term residents, first-time homebuyers and younger folks looking for proximity to downtown. “It has a deeply rooted community. Once you get over there and meet people, it's just good people, good neighbors,” says Shameka Washington, a Realtor with Icon Realty Group and life-long Richmond resident who has built homes in the neighborhood. With prices that are generally lower than most of the city, the area also attracts investors who remodel homes to resell or rent. “The revitalization of the area is a huge draw,” says Kacie Jenkins, a Realtor with Real Broker LLC. “The houses look fantastic — they’re bringing them back to their former glory, and people are really attracted to that.”

American Foursquare and Queen Anne homes with original details

Most homes here are American Foursquare and Queen Anne houses built in the early 1900s when the neighborhood was developed as a streetcar suburb. “A lot of them have character. That's what draws a lot of folks to them,” Washington says. “The ones that are being revitalized and the ones I’ve personally done as new construction, I’ve tried to bring those elements into the houses.” She says many of the homes feature elaborate trimwork, and it’s common to find upstairs balconies. Many of the original homes have been updated, and you can also find fixer-uppers and even some new construction. Most people here rent, and renters can find single-family homes, apartments and townhouses.

Home prices are below Richmond’s median

The median home sale price is in the lower $300,000s, which is lower than Richmond’s overall median and that of Northern Barton Heights, but is about the same as Highland Park ’s median. Prices are often determined by condition and updates. You can find:

  • Fixer-uppers from the upper $100,000s to the lower $300,000s
  • Move-in ready homes from the lower $200,000s to the mid-$400,000s
  • Duplexes from the lower $300,000s to the lower $400,000s
  • Luxury and new construction builds from the mid-$500,000s to the lower $600,000s

Overby-Sheppard Elementary and other RPS schools serve the area

Kids here can attend Richmond Public Schools, which has address-based enrollment. Overby-Sheppard Elementary School is in the neighborhood and has a Literacy Support Team to help kids learn to read. Students can then head to Henderson Middle School and John Marshall High School, or they can apply to regional governor’s or specialty schools like the highly rated Richmond Community High School, which prioritizes accepting gifted students from socio-economically disadvantaged backgrounds.

Around 10 minutes to downtown and VCU

Downtown Richmond is a 10-minute drive away, and Interstates 95 and 64 are within five minutes. Virginia Commonwealth University’s main campus in The Fan and the medical campus downtown are also around 10 minutes away. The Greater Richmond Transit Company bus stops along Fourth Avenue. Sidewalks make the area pedestrian-friendly, though you’ll need to drive or take the bus to amenities.

Restaurants and recreation near Chestnut Hill

Six Points, on the neighborhood’s northern end, is home to a Family Dollar and New York Fried Chicken, a restaurant serving chicken and burgers to go. Nearby, Brookland Park Boulevard is a trendy commercial area with locally owned restaurants, including:

  • Slay Burgers, which specializes in smashburgers
  • Shrimps, a seafood and soul food restaurant
  • Ruby Scoops, an ice cream shop that serves classic and creative flavors
  • Fuzzy Cactus, a bar that has regular live music
  • The Smoky Mug, which is both a coffee shop and a barbecue restaurant
For recreation, the Third Avenue Tot Lot has a playground, and Hotchkiss Park is home to a community swimming pool, sports fields and pickleball courts.

Annie Franklin
Written By
Annie Franklin
Alicia Helm
Photography Contributed By
Alicia Helm
Taylor Noll
Video By
Taylor Noll

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Transit

Airport

Richmond International

16 min drive

Bus

4th & Victor

Bus

4th & Juniper

Bus

4th & Cypress

Bus

4th & Spruce

Bus

4th & Chestnut

Bus

Brookland Park Boulevard & 4th

Bus

4th & Trigg

Reviews

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Crime and Safety

1 - Low Crime, 10 - High Crime Chestnut Hill US
Homicide 4 4
Sexual Assault 5 4
Assault with Weapon 5 4
Robbery 5 4
Burglary 4 4
Motor Vehicle Theft 4 4
Larceny 4 4
Crime Score 6 4

Source: WhatIsMyCrimeRisk.com

Chestnut Hill Demographics and Home Trends

Housing Trends

Median List Price
$345,000
Median Sale Price
$317,000
Median Single Family Sale Price
$332,500
Median Townhouse Sale Price
$436,925
Median Change From 1st List Price
0%
Last 12 months Home Sales
36
Median Home Sale Price YoY Change
11%
Average Price Per Sq Ft
$211

Neighborhood Facts

Number of Homes
547
Number of Homes for Sale
14
Median Year Built
1924
Months of Supply
4.70
Average Single Family Home Size Sq Ft
1,626
Below the national average
1,930
Average Townhouse Size Sq Ft
1,600
Average 2 Bedroom Size Sq Ft
1,258
Average 1 Bedroom Size Sq Ft
666
Median Lot Size Sq Ft
5,662

Open Houses

  • Saturday, Jan 31
    1 - 5pm

    640 Dove St, Richmond, VA 23222

    $345,000

    • 3 Beds
    • 2.5 Baths
    • 1,344 Sq Ft
    • 640 Dove St

    This gorgeous home is almost ready! Act now and have a new home for the holidays in December. Seller is offering $10,000 in closing costs! Stunning new construction by Eagle Construction in Highland Grove – Highland Park’s newest neighborhood! The charming Tupelo model features 3 bedrooms, 2.5 baths, and over 1,300 sq ft of stylish, modern living. The open-concept main level is perfect for

    Catina Jones ICON Realty Group

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  • Friday, Jan 23
    12 - 2pm

    2814 4th Ave, Richmond, VA 23222

    $378,000

    • 3 Beds
    • 2.5 Baths
    • 1,664 Sq Ft
    • 2814 4th Ave

    Welcome to 2814 4th Ave in Richmond Va this home features freshly painted dark-toned stucco and a vibrant front door that makes a striking first impression. A charming front porch invites you to relax outdoors, while the landscaped yard and privacy fence add both beauty and seclusion. Inside, a spacious living area with luxury vinyl plank flooring flows seamlessly into the gourmet-inspired

    Lindsey Mobley LPT Realty, LLC

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  • Saturday, Jan 24
    11am - 1pm

    2015 3rd Ave, Richmond, VA 23222

    $429,950

    • 3 Beds
    • 2.5 Baths
    • 1,900 Sq Ft
    • 2015 3rd Ave
    • New 14 days ago

    Welcome to sleepy Chestnut Hills minutes from downtown Richmond and around the corner from 64 and 95 this is a perfect location!! This home features 3 bedrooms, 2.5 baths, 1,900 SF of living space with 504 SF of unfinished space in the basement with a roughed in full bath, as well as 9' ceilings on both 1st and 2nd floors, hardwoods throughout, picket fenced front yard, and a privacy fenced rear

    Matt Jarreau Hometown Realty

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
2,060
Median Age
42
Population Density
7 ppl/acre
Population under 18
19.1%
On par with the national average
23.8%
Population over 65
19.8%
On par with the national average
19.1%

Finances

Median Household Income
$37,922
Significantly below the national average
$79,601
Average Household Income
$64,696

Education and Workforce

High School Graduates
88.9%
College Graduates
17.3%
Below the national average
34.1%
Advanced Degrees
7.9%
Below the national average
13.3%
% Population in Labor Force
69.7%

Weather

Annual Precipitation
45''
Average Winter Low Temperature
29°F
Average Summer High Temperature
89°F
Annual Snowfall
5''

Area Factors

Somewhat Bikeable

Bike Score®

18 / 100

Car-Dependent

Walk Score®

26 / 100

Some Transit

Transit Score®

44 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Chestnut Hill