$399,325Average Value$181Average Price per Sq Ft0Homes For Sale
Richmond’s urban center with historic landmarks and major employers
Downtown Richmond is the urban core of Virginia’s capital city. Here, medical students and staff walk to Virginia Commonwealth University’s hospital system and medical campus, young professionals stroll to work at Dominion Energy and Wells Fargo, and government employees clock in at their offices in Capitol Square.
But downtown is known for more than its employers. Along with Richmond’s skyscrapers, there are historic landmarks like the Virginia State Capitol, designed by Thomas Jefferson in the 1770s, and the First African Baptist Church, founded in 1841. Attractions like the American Civil War Museum, the White House of the Confederacy and local history museum The Valentine teach visitors about Richmond’s history as the second largest slave-trading port in the United States and capital of the Confederacy during the Civil War. And dozens of restaurants, local businesses and performing arts venues offer cultural experiences that speak to the city’s vibrant community. “The diversity of the architecture, the diversity of the stories is what makes Richmond so interesting,” says Jacqueline Drayer, city historian at The Valentine.
Concerts on Brown’s Island and historic theaters
Brown’s Island on the James River hosts some of the city's largest events. Music lovers sip beers and lay out on picnic blankets at the Friday Cheers summer concert series, and outdoor enthusiasts try their hand at kayaking, rock climbing and slacklining at the weekend-long Dominion Energy Riverrock festival in May. The new Allianz Amphitheater is set to open for the summer 2025 season, holding up to 7,500 people on Gambles Hill for concerts overlooking the waterfront.
Also downtown, the Dominion Energy Center hosts performances by touring acts as well as the Richmond Ballet and the Richmond Symphony in its renovated, circa-1928 theater, and The National welcomes musicians to the restored venue on Broad Street.
Downtown residents can walk to the waterfront
The James River Park system has hiking, rock climbing, kayaking, swimming and more within walking distance of downtown. “The city has invested for decades into making our waterfront accessible,” Drayer says. “There has been a huge turnaround here.” Park visitors can cross the river on the T. Tyler Potterfield Memorial Bridge to take in views of downtown from the Southside or test their skills at the RVA Free Climbing Wall. From Second Street, the Belle Isle Suspension Bridge leads pedestrians to its namesake, a 54-acre recreational island. Here, locals lay out by the river and explore trails next to out-of-commission industrial sites like the Belle Isle Hydroelectric Plant and Quarry Pond.
Richmond’s Canal Walk takes locals across downtown and along the canal system from Fifth Street to 17th Street. It also connects with the Virginia Capital Trail, a paved route for cyclists, runners and walkers that spans over 50 miles to Jamestown.
With a capacity of 1,500, the National in Downtown Richmond is a popular venue for concertgoers.
Locals enjoy a walk on the Virginal Capital Trail in all seasons.
Brown's Island in Downtown Richmond is a popular meeting place for locals.
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Downtown dining and nightlife nearby
Several popular restaurants, bars and markets serve downtown dwellers. Penny Lane Pub offers up draft pints in its English-style tavern, and Fall Line Kitchen & Bar dishes out Southern food in a modern setting. Diners line up outside for a seat at Perly’s, which provides elevated Jewish cuisine on Grace Street. The Shockoe Slip and Shockoe Bottom neighborhoods just east of downtown have even more nightlife and dining within walking distance, such as Siné Irish Pub and Ironclad Coffee Roasters.
Downtown Richmond has several markets with grocery basics, including prepared foods at Stella’s Grocery on East Grace Street and Mini Mart on Eighth and Main. Martin Altman, a downtown resident and graduate student at VCU, says he stops at the Mini Mart for quick shopping runs. “I get excited to see the lady who owns it; she always asks me how school’s going,” he says. Farm Fresh is a grocery store about 1 mile east in Shockoe Bottom, and Aldi is 3 miles northwest on Myers Street.
The Tobacco Company Restaurant is a great option for dining in Downtown Richmond.
Casa del Barco is located in a restored Italianate building in Downtown Richmond.
Casa del Barco is a great lunch option by the Historic Canal Walk in Downtown Richmond.
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Richmond public schools and VCU campus nearby
Virginia Commonwealth University’s medical campus is located downtown, and VCU’s main campus is just west of the neighborhood. The school’s vicinity makes downtown a popular landing spot for undergraduate and graduate students. “Most of the people I see walking into my apartment building have a medical badge on them,” Altman says. “It’s mostly medical students.”
Kids living downtown typically begin at Carver Elementary School, which has a C-minus grade from Niche, before continuing to B-rated Albert Hill Middle School and B-rated Thomas Jefferson High School. The high school’s Future Center helps students finish their senior years with a post-graduation plan, whether that’s college, technical/trade school, the military or entering the workforce.
High-rise apartments and condos downtown
High-rise apartments and office buildings shade the neighborhood’s gridded streets and wide sidewalks. Most people living downtown are renters; inventory is low for buyers. One- and two-bedroom condo units priced between $250,000 and $400,000 make up most of the properties for sale.
VCU’s medical campus and hospital account for much of the downtown area north of Broad Street. Through the 1800s, this area was known as Court End, an affluent residential neighborhood once home to prominent Virginians like John Marshall and John Wickham. “By the 1890s, Court End was taking on the character it has today,” Drayer says. "The success of the medical campus, which has continued to spread and grow, really stamped out most of everything else."
A great variety of architectural styles await residents in Downtown Richmond.
Locals will find historic Victorian mansions available in Downtown Richmond.
Now condos, Miller & Rhoads was a department store from 1885 to 1990 in Downtown Richmond.
Residents can find condos in Downtown Richmond that have spectacular views of the river.
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Walking, biking, driving and riding the bus around the city
Interstate 95 wraps around Downtown Richmond and connects drivers along the East Coast. The Downtown Expressway is a toll road that also takes drivers to and from the city center. Alternatively, Greater Richmond Transit Company (GRTC) has buses that serve dozens of stops downtown, including from the Downtown Transfer Station and along Broad Street, a major east-west connector road through the city. “If you look at an old streetcar map and look at a GRTC bus map today, they are almost the same map," Drayer says. "It's so important that people can reach us by public transit." Locals can also get around on bicycles, with dedicated bike lanes on Franklin Street connecting the Virginia State Capitol Building and VCU’s main campus.
For longer trips, Main Street Station borders downtown and has Amtrak routes to destinations like Washington, D.C., and New York. Richmond International Airport is 9 miles east. Downtown Richmond has a CAP Index crime score of 9, higher than the national average of 4.
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
Patrice Carroll,
an experienced agent in this neighborhood.
Parks in this Area
Gamble's Hill Park
Capitol Square
Brown's Island
Trails
Pipeline
Oregon Hill Linear Park
Trails
Multi-Purpose Field
Walking Paths
Transit
Airport
Richmond International
16 min drive
Bus
Transfer Plaza Bay J
Bus
14th & Franklin
Bus
8th & Grace
Bus
Leigh & 11th
Bus
8th & Cary
Bus
Main & 11th
Bus
Cary & 6th
Crime and Safety
1 - Low Crime, 10 - High Crime
Downtown Richmond
US
Homicide
6
4
Sexual Assault
8
4
Assault with Weapon
6
4
Robbery
9
4
Burglary
10
4
Motor Vehicle Theft
9
4
Larceny
10
4
Crime Score
9
4
Source: WhatIsMyCrimeRisk.com
Downtown Richmond Demographics and Home Trends
On average, homes in Downtown Richmond, Richmond sell after 82 days on the market compared to the national average of 70 days. The median sale price for homes in Downtown Richmond, Richmond over the last 12 months is $299,990.
Welcome to this lovely end unit with amazing open floor plan! Located in your historic Jackson Ward , this unit boast a kitchen with an island both with granite countertops.Great size bedrooms with tons of natural lights. This is a secured building with a designated parking space for the unit . Located conveniently close to the interstate , VCU, MCV and plenty of restaurants !Come make this condo
Stunning Waterfront Condo with Panoramic City & River Views – Riverside on the JamesWelcome to Unit #215 at the sought-after Riverside on the James in the heart of downtown Richmond. This beautifully updated 2-bedroom, 2-bathroom condo offers breathtaking views of the James River and city skyline through oversize windows and a spacious private balcony—perfect for relaxing or
Get ready to experience city living. It's all about location! location and location. Discover the perfect blend of comfort and convenience in this beautiful apartment in the heart of Richmond VA. 2 bedrooms and 2 bathrooms featuring 9' ceiling, stylish LVP flooring, fresh paint, modern window treatments, electric fireplace, stack washer and dryer, recessed lights and many more. This condo
One of Richmond's most iconic Art Deco buildings has been transformed into a stylish modern apartment community, Deco at CNB. We've combined art-deco brilliance with 21st century luxury to provide you with the best in downtown living. Delight in spectacular panoramic city and river views through expansive windows from daybreak to sunset. Lavish custom kitchen features include quartz countertops
Don't miss this opportunity to live in the iconic Miller & Rhoads building! One bedroom/one bath condo, open concept, located at the Renovated Historic Miller & Rhoads located on the 6th floor overlooking the courtyard. Appliances include an electric stove/oven, built-in microwave, refrigerator, dishwasher, and stack w/d refrigerator. Features include a shared indoor pool; fitness room with
Luxury living at its finest awaits you at Mutual on Main, housed in Richmond's first high-rise building – the Mutual Assurance Building. Our historic building has been thoughtfully restored to offer a modern living experience while retaining its architectural splendor of a bygone era. Enjoy state-of-the-art amenities including a golf simulator, indoor dog park, and mini offices. Take in stunning
Interested in learning more about homes in this area?
Reach out to
Patrice Carroll,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
3,132
Median Age
33
Population Density
8 ppl/acre
Population under 18
14.4%
Below the national average
23.8%
Population over 65
6%
Below the national average
19.1%
Finances
Median Household Income
$61,329
Below the national average
$71,702
Average Household Income
$71,269
Education and Workforce
High School Graduates
94.9%
College Graduates
79.8%
Significantly above the national average
34.1%
Advanced Degrees
37.6%
Above the national average
13.3%
% Population in Labor Force
75.2%
Weather
Annual Precipitation
45''
Average Winter Low Temperature
29°F
Average Summer High Temperature
89°F
Annual Snowfall
5''
Area Factors
Very Bikeable
Bike Score®
79/ 100
Walker's Paradise
Walk Score®
91/ 100
Good Transit
Transit Score®
64/ 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.
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.
