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Why Live in Laburnum Park

Laburnum Park in Richmond’s Northside attracts homebuyers with its large historic homes, highly rated schools and proximity to restaurants and parks. The neighborhood has a park-like atmosphere, featuring tree-filled medians and diverse architectural styles, including Craftsman, Colonial Revival and Tudor Revival. Homes, mostly built in the 1920s, sit on larger-than-average lots, typically around half an acre. Bellevue’s shops and restaurants are within walking distance, offering options like Little House Green Grocery, Once Upon a Vine, Stir Crazy Café and Demi’s Mediterranean Kitchen. Bryan Park is nearby, providing trails, pickleball courts and an azalea garden. The park hosts the RVA Big Market, the city’s largest year-round outdoor farmers market. Interstates 95 and 64 are about a mile away, making downtown Richmond a 10-minute drive and Richmond International Airport a 20-minute trip. Public transportation is accessible with GRTC bus stops on Laburnum Avenue and Hermitage Road. Homes near these thoroughfares may experience more noise. The Ginter Park Residents Association hosts annual events like the Garden Soiree. Kids can attend the highly rated Linwood Holton Elementary School or the top-rated private Veritas School.

Frequently Asked Questions

Is Laburnum Park a good place to live?
Laburnum Park is a good place to live. Laburnum Park is considered somewhat walkable and bikeable with some transit options. Laburnum Park is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Laburnum Park has 6 parks for recreational activities. It is fairly sparse in population with 5.0 people per acre and a median age of 59. The average household income is $152,584 which is above the national average. College graduates make up 71.6% of residents. A majority of residents in Laburnum Park are home owners, with 10.6% of residents renting and 89.4% of residents owning their home. A local real estate agent serving Laburnum Park can help you decide if this neighborhood is the right one for you. Learn more on our Laburnum Park neighborhood guide.
Is Laburnum Park, VA a safe neighborhood?
Laburnum Park, VA is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Laburnum Park?
The median home price in Laburnum Park is $484,975. If you put a 20% down payment of $97,000 and had a 30-year fixed mortgage with an interest rate of 6.36%, your estimated principal and interest payment would be $2,420 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $104K a year to afford the median home price in Laburnum Park. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Laburnum Park is $153K.
What are the best public schools in Laburnum Park?
The best public schools that serve Laburnum Park are:
What are the best private schools in Laburnum Park?
The best private schools that serve Laburnum Park are:
What are the most popular zip codes in Laburnum Park, Richmond, VA?
The most popular zip codes in Laburnum Park, Richmond, VA include 23227, 23222, 23230, 23220 and 23221.
What are the most popular neighborhoods near Laburnum Park, Richmond, VA?
The most popular neighborhoods near Laburnum Park, Richmond, VA are Scott’s Addition, Washington Park, Brookland Park, Northern Barton Heights and Highland Park.
Are home prices dropping in Laburnum Park?
Yes, home prices in Laburnum Park are down 33% in the last 12 months.

Home Trends in Laburnum Park, VA

Housing Trends

Median Sale Price
$452,500
Median Single Family Sale Price
$513,392
Median 2 Bedroom Sale Price
$387,500
Average Price Per Sq Ft
$253
Number of Homes for Sale
0
Last 12 months Home Sales
12
Months of Supply
0.00
Median List Price
$484,975
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-30%
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