Colonial Place, Richmond City, VA Housing Trends, Rent, Price-to-Rent

Market Summary

Colonial Place, Richmond City, VA

Median Home Price Price

$605,650 $605.6K

Median Monthly Rent Rent

$2,259 $2.3K

GRM

22.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Colonial Place, VA is $2,259, with MoM change +$35 and YoY change +$225 pointing to positive momentum while volatility is low (std $57).

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Metric

Base market Colonial Place, VA

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Delta vs base

Median rent

$2,259

N/A

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Median price

$605,650

N/A

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YoY change

+$225

N/A

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Price-to-rent

22.3x

Data unavailable

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