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Why Live in Deerbourne

Deerbourne, a small neighborhood in Richmond, is known for its quiet, friendly atmosphere and dynamic community center. The area features 1960s ranch-style homes with three bedrooms, typically ranging from 1,000 to 1,200 square feet, situated on quarter-acre lots. The neighborhood's lower price points compared to other parts of Richmond make it a popular choice, leading to a high-demand housing market. Outdoor enthusiasts enjoy the Broad Rock Sports Complex, located 2 miles away, which offers playgrounds, sports fields and picnic areas. The Hickory Hill Community Center is a hub for residents, offering various classes and programs. Dining options include the Crab Hut on Terminal Avenue and Azteca Mexican on Richmond Highway. For shopping, residents frequent the Big Apple Supermarket and Dollar General, with Chesterfield Towne Center just 10 miles away for more extensive retail and dining options. While Deerbourne lacks direct GRTC Transit bus routes, nearby stops are accessible. Major roadways like Chippenham Parkway, Hull Street, and Richmond Highway are within 5 miles, providing easy access to the city. The Richmond International Airport is about 15 miles away.

Deerbourne, Richmond, VA Home Prices vs. Nearby Neighborhoods

Deerbourne Piney Knolls Northrop Brookhaven Farms
Median Home Price
$264,950
$310,000
$219,950
$294,999
Median Sale Price
$258,500
+15% YoY
$297,500
+7% YoY
$195,000
-34% YoY
$270,000
-24% YoY
Avg. Price per Square Foot
$197
$219
$234
$236
Median Single Family Price
$258,500
$297,500
$195,000
$282,499
Total Active Listings
0 listings
2 listings
0 listings
2 listings
Market Conditions
0 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market
0 Months of Supply
Seller's Market
24 Months of Supply
Buyer's Market

Frequently Asked Questions

Is Deerbourne a good place to live?
Deerbourne is a good place to live. Deerbourne is considered car-dependent and somewhat bikeable with minimal transit options. Deerbourne is a suburban neighborhood. Deerbourne has 6 parks for recreational activities.It is somewhat dense in population with 6.0 people per acre and a median age of 39. The average household income is $77,614 which is below the national average. College graduates make up 11.9% of residents. A local real estate agent serving Deerbourne can help you decide if this neighborhood is the right one for you. Learn more on our Deerbourne neighborhood guide.
How much do you need to make to afford a house in Deerbourne?
The median home price in Deerbourne is $264,950. If you put a 20% down payment of $53,000 and had a 30-year fixed mortgage with an interest rate of 7.03%, your estimated principal and interest payment would be $1,410 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $60K a year to afford the median home price in Deerbourne. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Deerbourne is $78K.
What are the best public schools in Deerbourne?
The best public schools that serve Deerbourne are:
What are the most popular zip codes in Deerbourne, Richmond, VA?
The most popular zip codes in Deerbourne, Richmond, VA include 23234, 23224, 23225, 23231 and 23832.
What are the most popular neighborhoods near Deerbourne, Richmond, VA?
The most popular neighborhoods near Deerbourne, Richmond, VA are Walmsley, Jeff Davis, British Camp Farms, Cottrell Farms and Bellemeade.
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