$376,953Average Value$288Average Price per Sq Ft1Home For Sale
How and why Midtown Richmond is evolving
Midtown Richmond is an area in transition, shifting from an industrial hub to a neighborhood with new housing and entertainment. The growth here is fueled by its central location; it’s within walking distance of Virginia Commonwealth University, the trendy Scott’s Addition neighborhood and The Diamond District, a new development surrounding Richmond ’s minor league baseball park. It’s a popular spot for renters, and you can buy a home here at a price that is typically below that of neighboring areas. The community is well connected to the rest of the city via bike lanes, buses and interstate access.
A wide range of rentals, historic houses and newer builds
Apartments make up the majority of housing here. Mid- and high-rise complexes range from newly built mixed-use developments with businesses on the first floor to loft apartments in converted warehouses that have an industrial flair. These often come with amenities like swimming pools, gyms and communal lounges. If you’re looking to buy, you can find Italianate and National-style homes built in the early 1900s, and there are also newer 2010s homes built in the same style. Some are attached twin homes, while others are detached. New construction condos in low-rise complexes are also available.
A prime location with comparatively low prices
The median home sale price in Midtown Richmond is in the lower $400,000s, slightly above Richmond’s overall median but below that of The Diamond District, Scott’s Addition and The Fan. Prices generally fall between the upper $300,000s and the mid-$400,000s. “As The Diamond District fills out, this definitely feels like the next logical step to what’s going to be the hot new spot,” says Molly Jarvis, a lifelong Richmonder and a Realtor with Sampson Properties. “It’s one of the last spots close to those walkable areas to find something that’s ‘affordable.’”
Within walking distance of restaurants and essentials
In Midtown Richmond, you can walk to run errands or grab a bite to eat. “It’s very walkable, and there’s just a lot going on over here. You definitely benefit from the city amenities,” says Anne Soffee, a Realtor with Small and Associates. Some of the restaurants nearby include:
En Su Boca, a hip cantina known for margaritas and tacos
Lee’s Famous Recipe Chicken, a popular fast-food spot offering fried chicken and biscuits
Sugar Shack Donuts and Coffee, which serves a wide variety of creative donut flavors
Gersi, a busy upscale Italian restaurant
You can pick up groceries from Whole Foods Market, Kroger or Aldi, and Lowe’s Home Improvement covers all your household needs. The Fan and Scott’s Addition are also within walking distance, providing even more restaurant options.
Things to do nearby, from bowling nights to concerts
When you live in Midtown Richmond, you’re also close to entertainment. Venues in and near the neighborhood include:
Midtown Green, which has hosted events like the Iron Blossom Music Festival and Virginia Pridefest
Movieland at Boulevard Square, which shows the latest film releases
River City Roll, a duckpin bowling alley that hosts regular events like karaoke and local bands
CarMax Park, home to Richmond’s Flying Squirrels baseball team
The Science Museum of Virginia, which has kid-friendly exhibits and is home to The Dome, one of the largest movie screens in the state
A changing area near hot neighborhoods and VCU
With lots of rental options and proximity to VCU, Midtown Richmond is a popular choice for college students and young professionals. “It’s really a super convenient area for VCU employees and for students. You’re just a hop, skip and a jump from campus,” Soffee says. Most of the area has an active and industrial feel, and the recent growth in Scott’s Addition and The Diamond District is spilling over into Midtown Richmond, creating a neighborhood that is rapidly changing.
Which Richmond schools serve the area
The Richmond Public Schools district serves the area. Enrollment is primarily address-based, and kids can start at George W. Carver Elementary School in the Carver neighborhood before heading to the highly rated Albert Hill Middle School in The Museum District. Older kids can go to the highly rated Thomas Jefferson High School in Sauer's Gardens or apply to specialty schools and regional governor’s schools. Maggie L. Walker Governor’s School is located in the neighborhood and also gets high ratings.
How residents commute using roads, transit and bike lanes
Commuting from Midtown Richmond is easy. You can get to Interstates 64 and 95 in around five minutes, and you can take Broad Street straight to VCU, less than 10 minutes away, or to Downtown Richmond, around 15 minutes away. The Greater Richmond Transit Company’s Pulse bus rapid transit line runs along Broad Street, providing a free way to get downtown or to Willow Lawn, a popular shopping area. There are also dedicated bike lanes you can use to get around the area. With so many options for getting around, plus walkability, you don’t have to own a car to live here. But if you do, you can expect most apartment complexes to have parking garages and most homes to have at least one off-street parking space in the alley.
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
Are you familiar with the Midtown Richmond neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Midtown Richmond
US
Homicide
5
4
Sexual Assault
5
4
Assault with Weapon
5
4
Robbery
4
4
Burglary
9
4
Motor Vehicle Theft
8
4
Larceny
8
4
Crime Score
5
4
Source: WhatIsMyCrimeRisk.com
Midtown Richmond Demographics and Home Trends
On average, homes in Midtown Richmond, Richmond sell after 30 days on the market compared to the national average of 55 days. The median sale price for homes in Midtown Richmond, Richmond over the last 12 months is $379,950, down 10% from the median home sale price over the previous 12 months.
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Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
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