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Oakwood

Oakwood

$288,279 Average Value
$201 Average Price per Sq Ft
4 Homes For Sale

Historic homes and walkability draw people to Oakwood

For a Church Hill lifestyle at a lower price point, check out Oakwood. Located in the far eastern end of Richmond, Oakwood feels out of the way and quieter than its trendier neighbor, but you still have that same walkability and sense of history. Housing options span the past century, from historic early-1900s bungalows to new construction with modern layouts. Restaurants and parks are within walking distance, and Downtown Richmond is an easy drive, bike ride or bus trip away.

Oakwood residents can enjoy quick access to destinations throughout Downtown Richmond.
Oakwood residents can enjoy quick access to destinations throughout Downtown Richmond.
Bungalow homes reflect Oakwood's early 20th-century architectural heritage.
Bungalow homes reflect Oakwood's early 20th-century architectural heritage.
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Housing varies from 1920s historic homes to new construction

The majority of Oakwood's homes were built in the early 1900s, and National-style bungalows and two-story homes are common. “The character of the old buildings is very attractive. It’s so unique there. This is a very old section of Richmond,” says Dawn Roy, who’s sold homes in the area for 13 years and is a broker associate with Family Tree Realty Group. It’s common to see homes with yards here, and some have detached garages. You can also find new construction homes inspired by the surrounding architecture. Townhouses and condos are also available, and many of these are used as rentals.

A variety of home styles can be found throughout Oakwood.
A variety of home styles can be found throughout Oakwood.
Bungalow-style homes contribute to Oakwood's housing mix.
Bungalow-style homes contribute to Oakwood's housing mix.
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How much homes cost in Oakwood

The median home sale price in Oakwood is in the mid-$200,000s, below Richmond’s overall median and that of nearby neighborhoods like Chimborazo, Church Hill North and Church Hill. You’ll find:

  • Ranch-style homes and bungalows from the lower $200,000s to the upper $300,000s
  • Two-story Italianate and National-style homes from the mid-$300,000s to the upper $500,000s
  • Townhouses and condos from the $80,000s to the lower $100,000s
Townhouses and condos can also come with a monthly HOA fee.

Ranch-style homes are among the housing options in Oakwood.
Ranch-style homes are among the housing options in Oakwood.
Italianate homes can be found throughout Oakwood.
Italianate homes can be found throughout Oakwood.
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A walkable, close-knit neighborhood with a quieter feel

Oakwood has a mix of long-time residents and new arrivals who are attracted to the area’s walkability and renovated homes. “There’s been a lot of renovation in the Church Hill area over the past 15 or so years, and it has turned itself into this amazing, vibrant community. They are very tight there,” Roy says. She adds that it’s a popular neighborhood for Virginia Commonwealth University’s medical students, citing proximity to the VCU Medical Center, lower price points and walkability to everything in Church Hill. And though you’re close to all that Church Hill has to offer, Oakwood is set far enough apart to have a quiet feel.

Public transit along Oakwood Avenue provides convenient access to Richmond destinations.
Public transit along Oakwood Avenue provides convenient access to Richmond destinations.

Commuting around the area by car, bus and bike

Commuters can make the 2-mile drive to Downtown Richmond in about 10 minutes, and Shockoe Bottom is about 5 minutes away. VCU’s Monroe Park campus in The Fan is about 4 miles away, and the trip to the VCU medical campus is just over 3 miles.. If you need to commute to Innsbrook or to other parts of the West End, you’re looking at a 20-mile drive. You can also get around on the Greater Richmond Transit Company’s bus, which stops in Oakwood, or by bike. A bus ride downtown takes around 30 minutes, and you can bike there in around 15.

What green spaces are within walking distance

There are plenty of ways to get outside nearby. Oakwood Playground has a pirate-themed playset, and Oakwood Cemetery is a popular place to take a stroll or walk the dog. Bill Robinson Park offers pickleball and basketball courts. You’re also within walking distance of Chimborazo Park. “It’s a good little walk, but it’s worth walking for,” Roy says. The park offers sweeping views of the James River and is home to the Church Hill Dog Park.

The playground at Oakwood Playground offers a place for children to play and explore.
The playground at Oakwood Playground offers a place for children to play and explore.
Bill Robinson Park combines basketball courts with outdoor recreation near Oakwood.
Bill Robinson Park combines basketball courts with outdoor recreation near Oakwood.
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Which Richmond schools serve the area

The Richmond Public Schools district serves the area. Enrollment is largely determined by where you live, and kids here can start at Chimborazo Elementary School. Older kids can head to Martin Luther King Jr. Middle School and Armstrong High School, or they can apply to specialty schools like the highly rated Franklin Military Academy, which is within walking distance.

Armstrong High School serves students in the Oakwood area.
Armstrong High School serves students in the Oakwood area.
Students from the Oakwood neighborhood attend Martin Luther King Jr. Middle School.
Students from the Oakwood neighborhood attend Martin Luther King Jr. Middle School.
Families seeking elementary education can find it at Chimborazo Elementary School near Oakwood.
Families seeking elementary education can find it at Chimborazo Elementary School near Oakwood.
Franklin Military Academy offers an education option for students in the Richmond area.
Franklin Military Academy offers an education option for students in the Richmond area.
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Local dining favorites and grocery options nearby

In Oakwood, you’re within walking distance of Church Hill's popular restaurants and businesses. “You’re buying in a great spot,” says Ernie Chamberlain, a Realtor with George RVA at Hometown Realty. “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.” Nearby, you’ll find:

  • Taco Vegana, a vegan Mexican cantina
  • Peaberry Coffeehouse, a chic café serving espresso drinks and pastries
  • Soul N’ Vinegar, a casual restaurant that serves smoothies, protein bowls and sandwiches
  • Alewife, an upscale restaurant specializing in Mid-Atlantic seafood
  • Sub Rosa Bakery, a Church Hill favorite known for its pastries and bread
Chimbo Supermarket is your closest grocery store, and you’re also not far from The Market at 25th. For more shopping, the White Oak Village shopping center is a short drive away.

Start the day with pastries and bread from Sub Rosa Bakery near Oakwood.
Start the day with pastries and bread from Sub Rosa Bakery near Oakwood.
Shop for fresh produce, meats, and grocery essentials at The Market at 25th near Oakwood.
Shop for fresh produce, meats, and grocery essentials at The Market at 25th near Oakwood.
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Annie Franklin
Written By
Annie Franklin
Miguel Karroum
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Miguel Karroum
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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

15 min drive

Bus

Oakwood & Q

Bus

35th & Canepa

Bus

Oakwood & Canepa

Bus

R & 36th

Reviews

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Crime and Safety

1 - Low Crime, 10 - High Crime Oakwood US
Homicide 3 4
Sexual Assault 4 4
Assault with Weapon 4 4
Robbery 4 4
Burglary 3 4
Motor Vehicle Theft 3 4
Larceny 3 4
Crime Score 4 4

Source: WhatIsMyCrimeRisk.com

Neighborhood Facts

Number of Homes
566
Number of Homes for Sale
4
Median Year Built
1941
Months of Supply
1.40
Average Single Family Home Size Sq Ft
1,406
Significantly below the national average
1,934
Average Townhouse Size Sq Ft
804
Average 2 Bedroom Size Sq Ft
791
Average 1 Bedroom Size Sq Ft
579
Median Lot Size Sq Ft
3,920

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

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,125
Median Single Family Home Rent
$2,113
Median 3 Bedroom Single Family Home Rent
$2,600
Median Condo Rent
$1,125
Median 2 Bedroom Condo Rent
$1,125

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
$79,597
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

Fairly bikeable

Bikeability®

50 / 100

Fairly walkable

Walkability®

50 / 100

Limited public transit

Transit®

30 / 100
Source: Local Logic
Sources: Local Logic

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.

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
Oakwood
James Nay Real Estate Agent - River City Elite Properties - Real Broker
River City Elite Properties - Real Broker
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