Why Live in The Fan
The Fan neighborhood in Richmond, Virginia, is a historic area influenced by the City Beautiful movement, characterized by its orderly architectural designs and public green spaces. Monument Avenue, with its grassy medians and historic mansions, is a notable feature, though it has a complex history tied to Confederate statues, which were removed in 2021. The neighborhood offers a variety of dining options, with local favorites like Joe’s Inn, Kuba Kuba, and Bacchus lining Main and Cary streets. Shopping is convenient with nearby Carytown providing grocery stores and boutique shops. For medical needs, residents have access to the Retreat Doctor’s Hospital within the neighborhood and VCU Medical Center about 2 miles away. The Fan is home to several parks, including Monroe Park, Scuffletown Park, and Meadow Park, all within walking distance for residents. The area also supports a vibrant arts scene, with local galleries, murals, and venues like The Altria and The Camel hosting performances. The Virginia Museum of Fine Arts and the Virginia Museum of History and Culture are nearby cultural landmarks. The Fan District Association organizes community events such as the Holiday House Tour and the Kitchen and Garden Tour. The neighborhood is zoned for Richmond Public Schools, with students attending William Fox Elementary, currently relocated to Clark Springs Elementary, and the highly rated Maggie L. Walker Governor’s School for Government and International Studies. Homes in The Fan range from Queen Annes to Craftsman-style properties, creating a cohesive yet unique streetscape.
Home Trends in The Fan, VA
On average, homes in The Fan, Richmond sell after 26 days on the market compared to the national average of 51 days. The median sale price for homes in The Fan, Richmond over the last 12 months is $699,450, up 15% from the median home sale price over the previous 12 months.
Median Sale Price
$699,450
Median Single Family Sale Price
$815,000
Median Townhouse Sale Price
$675,000
Median 2 Bedroom Sale Price
$350,000
Median 1 Bedroom Sale Price
$218,500
Average Price Per Sq Ft
$359
Number of Homes for Sale
26
Last 12 months Home Sales
186
Median List Price
$665,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
15%