$479,268Average Value$223Average Price per Sq Ft0Homes For Sale
You can find colonial-style homes on tree-filled lots throughout Raintree.
Raintree attracts families and nature lovers
In the Richmond suburb of Raintree, trees, trails and large lots on quiet cul-de-sacs make you feel like you’re in the forest, even though you’re only a short drive away from some of Henrico’s busiest shopping areas. You can find colonial-style homes and Shed-style townhouses in subdivisions that are all part of the Raintree HOA. Deep Run Park, the Raintree Swim and Racquet Club, and Miles E. Godwin High School make this neighborhood especially attractive to families. Broad Street businesses, the Short Pump Town Center shopping mall and Interstate 64 are also nearby.
An equal mix of townhouses and single-family homes
Raintree offers an even balance of Shed-style townhouses built in the 1980s and colonial-style homes built in the 1970s and ‘80s. “It’s an established neighborhood with some unique houses,” says Jason Burke, who has been a Realtor since 2006 and is currently with Real Broker. Homes here are typically surrounded by trees, and detached houses often come on lots that are a third of an acre, providing space for driveways and big backyards.
Residents walks their dog in front of a colonial-style home in Raintree.
Colonial-style homes are common in Raintree.
The Raintree neighborhood is filled with trees.
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How much you’ll pay for a home in Raintree
The median home sale price is in the lower $400,000s, higher than Richmond’s overall median but lower than the nearby neighborhoods of Crown Grant and John Rolfe. “Inventory is often low because the demand is so high,” Burke says. Townhouses typically range from the upper $200,000s to the lower $400,000s, while single-family homes range from the lower $400,000s to the lower $700,000s.
What fees and rules to expect from the HOA
Raintree has an HOA that maintains the neighborhood’s common spaces, including trails, street entrances and lighting. You’ll have to get approval from the HOA for all exterior changes to your house, such as replacing a fence or adding a shed. The HOA has an annual fee of around $180, and each subdivision may have its own monthly fees that can range from $15 to nearly $400.
Henrico County Public Schools serve the area
Kids here can attend Henrico County Public Schools, which gets high ratings. Elementary and middle school enrollment is usually address-based. Rising high schoolers can apply to career-focused specialty centers at any high school in the district, but with the highly rated Miles E. Godwin High School within walking distance, many might decide to go to school close to home.
Mills E. Godwin High School in Raintree offers extracurricular activities, including football.
Mills E. Godwin High School in Raintree serves students from ninth to 12th grade.
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Trails, a swimming pool and a big park are all nearby
There are trails throughout the neighborhood, including one that circles around Gregory’s Pond, making this a great area for runners and people who like to feel surrounded by nature. You can join the Raintree Swim and Racquet Club to use the neighborhood’s tennis courts, swimming pool and a fitness center. Nearby, Deep Run Park is a big attraction for the whole area. “You can actually walk from Raintree to Deep Run Park,” says Iris Hernandez, a Realtor with United Real Estate Richmond who’s sold homes in the area since 2014. The park has tons of amenities, including:
A castle-themed playground, complete with a dragon
A pump track for BMX or dirt jumper bikes
A recreation center with group exercise classes
Fields for cricket, soccer and football
A fitness trail with exercise equipment
Get a tennis lesson at Raintree Swim and Racquet Club.
The Raintree Swim and Racquet Club has a variety of amenities.
Deep Run Park near Raintree has plenty of trails, playgrounds and basketball courts.
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Shopping centers and Short Pump Town Center are a short drive away
All your essentials are nearby. The Gayton Crossing Shopping Center, which has Kroger, Gold’s Gym and locally owned shops and restaurants, is just outside of the neighborhood. Here, Les Crêpes serves sweet or savory crepes, and DeLuca Gelato is a favorite for sweet treats. Broad Street isn’t far, where you can shop at Costco, Trader Joe’s and Target and eat at places like Cheng Du, a locally owned Chinese restaurant, or Tazza Kitchen, which serves wood-fired pizza. Short Pump Town Center, an outdoor mall with over 120 stores and restaurants, is also nearby.
You can enjoy great shopping at Short Pump Town Center.
DeLuca Gelato near Raintree has over 50 flavors of gelato including 20 dairy-free types.
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Raintree is just 20 minutes west of Downtown Richmond.
A 20-minute commute downtown and a 10-minute drive to Short Pump
From Raintree, you can get to Interstate 64 in around five minutes. Downtown Richmond is 20 minutes away via Interstates 64 and 95, but the drive can take a little longer during rush hour traffic. Short Pump is around 10 minutes away via Pump Road and Broad Street.
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 Raintree neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Raintree
US
Homicide
1
4
Sexual Assault
1
4
Assault with Weapon
1
4
Robbery
1
4
Burglary
3
4
Motor Vehicle Theft
2
4
Larceny
1
4
Crime Score
1
4
Source: WhatIsMyCrimeRisk.com
Raintree Demographics and Home Trends
On average, homes in Raintree, Richmond sell after 15 days on the market compared to the national average of 55 days. The median sale price for homes in Raintree, Richmond over the last 12 months is $449,950, up 29% from the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$449,950
Median Sale Price
$449,950
Median Single Family Sale Price
$593,000
Median Townhouse Sale Price
$332,500
Median 2 Bedroom Sale Price
$314,500
Median Change From 1st List Price
0%
Last 12 months Home Sales
43
Median Home Sale Price YoY Change
29%
Average Price Per Sq Ft
$223
Neighborhood Facts
Number of Homes
972
Number of Homes for Sale
0
Median Year Built
1980
Months of Supply
0.00
Average Single Family Home Size Sq Ft
2,352
Above the national average
1,931
Average Townhouse Size Sq Ft
1,607
Average 2 Bedroom Size Sq Ft
1,160
Median Lot Size Sq Ft
13,939
Distribution of Home Values
Source: Public Records
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
2,574
Median Age
47
Population Density
5 ppl/acre
Population under 18
21.6%
On par with the national average
23.8%
Population over 65
28.3%
Above the national average
19.1%
Finances
Median Household Income
$105,670
Above the national average
$79,601
Average Household Income
$137,768
Education and Workforce
High School Graduates
99.7%
Above the national average
89%
College Graduates
52.7%
Above the national average
34.1%
Advanced Degrees
23%
% Population in Labor Force
71.5%
Weather
Annual Precipitation
45''
Average Winter Low Temperature
27°F
Average Summer High Temperature
86°F
Annual Snowfall
12''
Area Factors
Fairly friendly
Bike Score®
50/ 100
Fairly friendly
Walk Score®
40/ 100
Not friendly
Transit Score®
0/ 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.
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.
