$280,309Average Value$197Average Price per Sq Ft3Homes For Sale
Oakwood is a quiet neighborhood just East of downtown Richmond.
Historic community of just over 700 homes
Oakwood is one of three neighborhoods that comprise the Oakwood-Chimborazo Historic District, a residential section of Richmond's East End developed following the introduction of trolley lines in the late 1800s. The community is made up of a little more than 700 homes, many of which maintain their historic charm. But while Oakwood's architecture offers a peek into the past, its location next to the ever-growing Church Hill, a well-known shopping and dining district near downtown, allows residents to live in the future. "You're buying in a great spot," says Ernie Chamberlain, a Realtor with George RVA at Hometown Realty. "You know, you're super close to a lot of things that Church Hill has to offer, there are more things popping up all the time, [and] you're going to get that true blue walkability that you're looking for."
Historic homes at an affordable price
Homebuyers have a few options, including detached Italianate, Queen Anne and Victorian-inspired townhouses built in the late 19th and early 20th centuries and single-family homes erected in the mid-1900s. "A lot of homes in Oakwood, they have a tendency, this is not a hard and fast rule, because there are no hard and fast rules in the neighborhood as a whole, but they tend to be a touch more stately, they tend to be detached," says Chamberlain, who's been selling in the Richmond area for nine years. "If you're gonna catch a garage in the neighborhood, there's a decent chance it's gonna be further back in the neighborhood." He also notes that real estate in Oakwood tends to be a bit more affordable than surrounding neighborhoods. Small updated two- to three-bedroom cottages, bungalows and ranch-style homes start around $200,000, while renovated townhouses with three beds and two-and-a-half baths can go for more than $520,000. There are some investment properties in the area, with interwar period three-bedroom townhouses needing repairs selling in the lower 200,000s. More affordable are one- to three-bedroom units in the Villas of Oakwood condominium complex, which range from $90,000 to $140,000.
The detached Italianate townhome design is part of the Oakwood neighborhood.
You will see very well-maintenance Midcentury cottages in the Oakwood neighborhood.
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Sports fields, running path at Oakwood Playground
In the northern corner of the neighborhood is Oakwood Playground, a community park with a pirate-themed playground, shade structures, a football/soccer field and a half-mile running path. The playground is adjacent to the historic Oakwood Cemetery, a 176-acre burial ground founded in 1855 and maintained by the Richmond city government. Many locals utilize the cemetery's extensive paved pathways to get some exercise or walk their dogs.
Oakwood Cemetery is a popular place to walk along its various surrounding paths in Oakwood.
The playground at Gillies Creek Park offers a variety of activities.
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Trendy Church Hill shops and restaurants within walking distance
Oakwood is a residential neighborhood, but plenty of shopping and dining options are just a short walk or drive away. About 1 mile outside of town is The Market at 25th, a community grocery store that partners with local farmers and makers to source its products. ChimboMart is another grocery store option, about half a mile from the community. Along with grocery store staples at an affordable price, the shop stocks fresh produce and in-house butchered meats. And for big box stores like Target and Walmart, residents can head about 3 miles east of town. Oakwood is also near several beloved eateries, including Alewife, a Mid-Atlantic seafood spot with a weekly changing menu. Richmonders also rave about Riverbend Roastery, a locally owned café known for its specialty seasonal drinks and house-baked pastries goods. Soul N' Vinegar is another favorite, specializing in healthy yet flavorful foods inspired by the owner's Korean and southern roots.
A convenient Walmart is just East from Oakwood for all your home needs.
Experience the finest cuts at the butcher's stall in The Market at 25th in Oakwood.
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Weekend-long Church Hill Irish Festival
Several popular annual events are held in Church Hill throughout the year, including the weekend-long Church Hill Irish Festival, where vendors, performers and hundreds of revelers donning green flood the streets to celebrate St. Patrick's Day. The Church Hill Spring Fest & Market is sponsored by the Church Hill Association, a community group aiming to enhance the community while honoring its history. More than two dozen local businesses show up at the fair to sell locally sourced or handmade goods like honey and pottery. It's hosted on a Saturday each May in nearby Libby Hill Park, one of Richmond's first parks.
Richmond Public Schools offers mentorship, leadership program
Students may belong to the Richmond Public Schools district, which includes Chimborazo Elementary School, graded a C on Niche, Martin Luther King Jr. Middle School, graced a D-plus, and Armstrong High School, graded a C-minus. Armstrong High School, home of the Wildcats, offers the opportunity for students to participate in the Armstrong Leadership Program, which helps prepare them for success during and after high school through mentorship and leadership development.
Martin Luther King Jr. Middle School serves students from Oakwood.
Chimborazo Elementary School is a public school with Pre-K to 5th-grade students in Oakwood.
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I-95, I-64 are nearby
Oakwood's location near several major highways makes it easy for residents to maneuver throughout the Greater Richmond Area. U.S. Interstate Highway 95 runs north and south, connecting Virginia to other states along the East Coast, while U.S. Interstate Highway 64 runs east and west past Richmond International Airport, about 8 miles away. Other nearby major roads are U.S. Routes 60 and 360. Public transit is also easily accessible, with Greater Richmond Transit Company (GRTC) buses picking up throughout the neighborhood.
Public transportation is accessible along Oakwood Avenue in the Oakwood neighborhood.
I-64 and I-95 have access to the Oakwood neighborhood.
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
Dawn Roy,
an experienced agent in this neighborhood.
Parks in this Area
Montrose Heights Playground
Baseball/Softball
Basketball
Playground
Gillies Creek Park
Baseball/Softball
Bike Trails
Disc Golf
Chimborazo Park
Oakwood Playground
Picnic Area
Playground
Chimborazo Park
Basketball
Grills
Picnic Area
Bill Robinson Park
Baseball/Softball
Basketball
Tennis
Transit
Airport
Richmond International
15 min drive
Bus
Oakwood & Q
Bus
35th & Canepa
Bus
Oakwood & Canepa
Bus
R & 36th
Oakwood Demographics and Home Trends
On average, homes in Oakwood, Richmond sell after 160 days on the market compared to the national average of 70 days. The median sale price for homes in Oakwood, Richmond over the last 12 months is $161,900, down 90% from the median home sale price over the previous 12 months.
It’s a MUST TOUR~ Features stunning refinishedhard wood floors that are original to the home,luxurious amenities such as quartz, stone, tilethroughout, Massaging Shower Towers ineach full bath experience, stainless appliancesthat convey. The home uniquely features a 1stfloor Bedroom/Bath Suite, a 2nd Primary Bedroom/Ba Suite upstairs, & one of the upstairsbedrooms has
Urban Sanctuary with detached ADU on a Double Lot in Sought-After North Church Hill! Welcome home to 1111 N. 36th Street, where vibrant city living meets serene, park-like surroundings. Nestled on a rare double lot and situated on a desirable street, this home offers an unmatched sense of space and privacy—complete with large/mature trees surrounding the property, and tropical landscaping that
Welcome to this well maintained 2 bed 1 bath condo located in the heart of Richmond's desirable Oakwood neighborhood. This charming two-level unit offers a perfect blend of convenience, comfort and value, ideal for first-time homebuyers, investors or anyone looking to enjoy low maintenance living just minutes from downtown. Don't miss this opportunity, schedule your showing today!
Located in Richmond’s Church Hill neighborhood, the Villas at Oakwood features 2 bedroom condominiums at prices you can afford. These updated garden and townhome style condominiums have attractive brick and vinyl exteriors, while the unit interiors come complete with electric range, microwave hood, dishwasher, refrigerator, and washers and dryers.
Welcome to your new home in a peaceful and vibrant community! This charming 2-bedroom, 1-bathroom townhome offers 780 square feet of comfortable living space, ideal for singles, couples, or a small family. As you step inside, you’ll immediately notice the modern conveniences that make life easier, such as the electric water heater and energy-efficient forced air heating system, complemented by a
Interested in learning more about homes in this area?
Reach out to
Dawn Roy,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
1,427
Median Age
36
Population Density
15 ppl/acre
Population under 18
25.6%
On par with the national average
23.8%
Population over 65
11.8%
Below the national average
19.1%
Finances
Median Household Income
$44,078
Significantly below the national average
$71,702
Average Household Income
$59,164
Education and Workforce
High School Graduates
90.8%
College Graduates
15.2%
Below the national average
34.1%
Advanced Degrees
8.3%
Below the national average
13.3%
% Population in Labor Force
66.1%
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®
41/ 100
Car-Dependent
Walk Score®
32/ 100
Some Transit
Transit Score®
35/ 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.
