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Chestnut Hill

Chestnut Hill

$308,308 Average Value
$234 Average Price per Sq Ft
7 Homes For Sale

A pioneer streetcar suburb in Northside

Developed in the 1890s as one of America’s first streetcar suburbs, Chestnut Hill offers an enticing blend of history and convenience. The neighborhood is located just north of downtown in Richmond City’s Northside community, which has begun to see major revitalization in recent years. “The revitalization of the area is a huge draw,” says Kacie Jenkins, 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.”

Classic architecture and catslide roofs

Chestnut Hill is dominated by charming American Foursquare homes that stand neatly next to each other on narrow lots with shallow front yards. A few unique Tudor and Victorian Revivals can be spotted in the area as well, with standout features like catslide roofs and octagonal turrets. With a mix of homes that have been recently renovated and those in original condition, prices in Chestnut Hill can range between $198,000 for a three-bedroom home in original condition and $450,000 for a fully renovated four-bedroom property with all the bells and whistles. “In general, inventory in Richmond is just at an all-time low, and this part of town is no exception,” says Jenkins. “Houses are selling within 5 to 10 days on the market when they’re priced right, staged right and fixed up right.”

Richmond Public Schools

Students in the neighborhood can attend Richmond Public Schools. They can start at Overby-Sheppard Elementary School, rated C-minus on Niche, before going to Henderson Middle School, which is also rated C-minus, and graduating from John Marshall High School, rated C. John Marshall High School, home of the Justices, receives high ratings from Niche in the athletics, clubs and activities, resources and diversity categories. Their powerhouse boys’ basketball team went undefeated in the 2022-2023 season, leading them to win the state championship.

Hotchkiss Park

The nearby Hotchkiss Park, featuring football fields, soccer fields, and basketball, tennis and pickleball courts, offers plenty of options for everyone. There is a large playground complete with climbing structures for kids to enjoy, as well as outdoor gym equipment for an energizing workout. On hot summer days, the community can cool off in the sparkling Hotchkiss Field Pool, which is staffed with lifeguards and has free entrance.

Trendy eateries on Brookland Park Boulevard

A main Northside thoroughfare, Brookland Park Boulevard, is flanked by some of Richmond’s hottest new eateries. Fuzzy Cactus is a Richmond favorite that’s grown wildly popular with its rock and roll attitude, killer live shows and tasty menu. Once a week, on Honky Tonkin Tuesdays, the trendy bar trades its head-banging for line dancing and cowboy hats. The Smoky Mug, which opened in 2020, has not only survived but thrived and quickly become one of Richmond’s most beloved spots. Operating as both a coffee shop and a Texas barbeque joint, at this quirky hybrid restaurant, Richmonders enjoy silky vanilla lattes and chopped brisket sandwiches.Locals pop over to Food Lion on Mechanicsville Turnpike to restock the pantry, then head across the street to Roses for discounted daily essentials and household items. There’s also a Family Dollar located on 3rd Avenue right in the neighborhood. A few doors down, New York Fried Chicken is a tried and true choice for crispy chicken wings, french fries and burgers.

Interstate 64

Interstate 64, a highway that’s convenient for getting just about anywhere in the city, curves through the south side of Chestnut Hill. The Greater Richmond Transit Company, known by locals at the GRTC, is also a popular option for getting around the city. Bus stops stud more heavily trafficked roads, such as North Avenue. Just a 2-mile venture from Richmond’s artsy and business-packed downtown, Chestnut Hill offers convenient and quiet city living.
Micaela Willoughby
Written By
Micaela Willoughby
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

Interested in learning more about homes in this area? Reach out to James Nay, an experienced agent in this neighborhood.

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

Crime and Safety

1 - Low Crime, 10 - High Crime Chestnut Hill US
Homicide 8 4
Sexual Assault 4 4
Assault with Weapon 6 4
Robbery 6 4
Burglary 5 4
Motor Vehicle Theft 4 4
Larceny 4 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

Chestnut Hill Demographics and Home Trends

Housing Trends

Median List Price
$425,000
Median Sale Price
$375,000
Median Single Family Sale Price
$407,000
Median Change From 1st List Price
3%
Last 12 months Home Sales
56
Median Home Sale Price YoY Change
-19%
Average Price Per Sq Ft
$234

Neighborhood Facts

Number of Homes in Neighborhood
535
Number of Homes for Sale
7
Median Year Built
1924
Months of Supply
1.50
Average Single Family Home Size Sq Ft
1,622
Below the national average
1,924
Average Townhouse Size Sq Ft
1,659
Average 2 Bedroom Size Sq Ft
1,258
Average 1 Bedroom Size Sq Ft
666
Median Lot Size Sq Ft
5,662

Distribution of Home Values

Source: Public Records

Homes for Sale

Interested in learning more about homes in this area? Reach out to James Nay, an experienced agent in this neighborhood.

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
$71,702
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®

25 / 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.

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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
James Nay
River City Elite Properties
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