Why Live in Chestnut Hill
Chestnut Hill, located in Richmond's Northside community, is a historic neighborhood developed in the 1890s as one of America's first streetcar suburbs. The area is experiencing significant revitalization, with many homes being restored to their former glory. The neighborhood primarily features charming American Foursquare homes on narrow lots with shallow front yards, alongside a few unique Tudor and Victorian Revival houses with standout features like catslide roofs and octagonal turrets. The housing market here is competitive, with properties selling quickly when well-priced and renovated. Students in Chestnut Hill attend Richmond Public Schools, including John Marshall High School, which is noted for its strong athletics and diverse extracurricular activities.
Hotchkiss Park is a local highlight, featuring football and soccer fields, basketball, tennis, and pickleball courts, a large playground, outdoor gym equipment, and a community pool with free entrance. Brookland Park Boulevard, a main thoroughfare, is home to popular eateries like Fuzzy Cactus, known for its live shows and vibrant atmosphere, and The Smoky Mug, a hybrid coffee shop and Texas barbeque joint. For daily needs, residents frequent Food Lion, Roses, and Family Dollar, with New York Fried Chicken offering local fast-food options.
Interstate 64 provides easy access to various parts of the city, and the Greater Richmond Transit Company (GRTC) offers convenient public transportation. Just 2 miles from downtown Richmond, Chestnut Hill combines the convenience of city living with a quieter neighborhood atmosphere. The area has a low crime risk compared to the national average, making it a practical choice for potential home buyers.
Home Trends in Chestnut Hill, VA
On average, homes in Chestnut Hill, Richmond sell after 22 days on the market compared to the national average of 51 days. The median sale price for homes in Chestnut Hill, Richmond over the last 12 months is $310,000, down 3% from the median home sale price over the previous 12 months.
Median Sale Price
$310,000
Median Single Family Sale Price
$309,000
Median Townhouse Sale Price
$443,240
Average Price Per Sq Ft
$206
Number of Homes for Sale
7
Last 12 months Home Sales
37
Median List Price
$320,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-3%