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Monroe Ward Homes for Sale

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  • /27

    $829,900 New Construction

    • 3 Beds
    • 5 Baths
    • 3,033 Sq Ft

    12 E Cary St Unit 1, Richmond, VA 23219

    Unique opportunity to own 4 level living in the city! New construction for late 2026 Delivery! Welcome to Foushee Mews, where historic meets modern with luxury townhomes overlooking the beautiful City of Richmond. Enjoy walking to all the local restaurants, shops, and cafes that Main and Cary Street has to offer. This Rowland floorplan features 3,033 square feet of luxury living, with 3 bedrooms

    Scott Walker Eagle Realty of Virginia

    12 E Cary St Unit 1, Richmond, VA 23219
  • /34

    $399,000

    • 2 Beds
    • 2.5 Baths
    • 1,661 Sq Ft

    212 W Franklin St Unit 205, Richmond, VA 23220

    Welcome to this spacious 1876" penthouse condo located in the historic A,S, Smith House (circa 1870), This 2 bedroom 2,5 bath home offers a gracious front living room with hardwood floors and a 10'9" ceiling. The equipped kitchen has granite counters, breakfast bar, plus dining table space. The bright office has nice views of Franklin Street, The Jefferson Hotel, and glorious sunsets! too! The

    Jim McMurray Long & Foster REALTORS

    212 W Franklin St Unit 205, Richmond, VA 23220
  • /26

    $849,900 New Construction

    • 4 Beds
    • 5 Baths
    • 3,508 Sq Ft

    8 E Cary St, Richmond, VA 23219

    New construction for late 2026 Delivery! Welcome to Foushee Mews, where historic meets modern with luxury townhomes overlooking the beautiful City of Richmond. Enjoy walking to all the local restaurants, shops, and cafes that Main and Cary Street has to offer. Our popular Westmoreland floorplan features 3,508 square feet of luxury living, with 4 bedrooms, 3 full baths and 2 half bathrooms along

    Scott Walker Eagle Realty of Virginia

    8 E Cary St, Richmond, VA 23219

Why Live in Monroe Ward

Monroe Ward, located in the heart of downtown Richmond, Virginia, is a historic neighborhood known for its proximity to the James River and Virginia Commonwealth University (VCU). The area is rich in history, featuring Civil War sites and buildings with unique architectural details like antique doorknobs and stained-glass windows. Monroe Ward's grid-style streets are lined with well-preserved buildings that have been converted into condos and apartments, making it a popular rental area for VCU students. The neighborhood is within walking distance of numerous bars, restaurants, and parks, including the James River Park System and Monroe Park, Richmond's oldest park, which offers free Wi-Fi and is a hub for college students. For those seeking things to do, the Potterfield Bridge provides scenic views of the James River, while Perly’s on East Grace Street serves up renowned Jewish cuisine. Families in Monroe Ward have access to William Fox Elementary, which is highly rated for its diversity. The neighborhood is fairly walkable, with easy access to Interstates 64 and 95, and is served by the Greater Richmond Transit Company. Local amenities include nearby grocery options like Kroger and Whole Foods on West Broad Street, ensuring convenience for residents.

Frequently Asked Questions

Is Monroe Ward a good place to live?
Monroe Ward is a good place to live, receiving 3.8 stars from its residents. Monroe Ward is considered very walkable and very bikeable with good transit options. Monroe Ward has 6 parks for recreational activities. It is very dense in population with 23.8 people per acre and a median age of 29. The average household income is $34,317 which is below the national average. College graduates make up 50% of residents. A majority of residents in Monroe Ward are renters, with 99.3% of residents renting and 0.7% of residents owning their home. A local real estate agent serving Monroe Ward can help you decide if this neighborhood is the right one for you. Learn more on our Monroe Ward neighborhood guide.
Is Monroe Ward, VA a safe neighborhood?
Monroe Ward, VA is less safe than the average neighborhood in the United States. It received a crime score of 6 out of 10.
How much do you need to make to afford a house in Monroe Ward?
The median home price in Monroe Ward is $574,450. If you put a 20% down payment of $114,900 and had a 30-year fixed mortgage with an interest rate of 6.09%, your estimated principal and interest payment would be $2,780 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $119K a year to afford the median home price in Monroe Ward. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Monroe Ward is $34K.
What are the best public schools in Monroe Ward?
The best public schools that serve Monroe Ward are:
  • Open High School has an A+ Niche grade, a student teacher ratio of 12:1 and an average review score of 4.2.
  • Thomas Jefferson High School has a B Niche grade, a student teacher ratio of 14:1 and an average review score of 3.1.
  • Dogwood Middle School has a C- Niche grade, a student teacher ratio of 21:1 and an average review score of 3.2.
What are the best private schools in Monroe Ward?
The best private schools that serve Monroe Ward are:
What are the most popular zip codes in Monroe Ward, Richmond, VA?
The most popular zip codes in Monroe Ward, Richmond, VA include 23219, 23220, 23223, 23222 and 23224.
What are the most popular neighborhoods near Monroe Ward, Richmond, VA?
The most popular neighborhoods near Monroe Ward, Richmond, VA are Jackson Ward, Monroe Ward, Shockoe Bottom, Union Hill and Church Hill.
Are home prices dropping in Monroe Ward?
Yes, home prices in Monroe Ward are down 62% in the last 12 months.

Home Trends in Monroe Ward, VA

Housing Trends

Median Sale Price
$314,950
Median Townhouse Sale Price
$758,272
Median 2 Bedroom Sale Price
$399,000
Median 1 Bedroom Sale Price
$220,000
Average Price Per Sq Ft
$276
Number of Homes for Sale
3
Last 12 months Home Sales
9
Months of Supply
4.00
Median List Price
$574,450
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-71%
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