CRASHWATCH
NationalAlerts

Richmond

VA
16SAFE
16SAFE
7 Day
0
30 Day
--
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KEY METRICS

Median Home Price
$163K
+6.6% YoY
Inventory
236
+3.1% YoY
Monthly Payment
$780
on median-priced home
Payment-to-Income
12.5%
of median household income
Foreclosure Rate
0.02%
of homes in foreclosure
Mortgage Rate
6.00%
30-year fixed

RENT VS BUY

Typical Rent
$854.306/mo
Typical Mortgage
$780/mo

Buying is 9% cheaper than renting

Mortgage assumes 20% down at 6.00% over 30 years

CrashWatch Score History
Compare to Similar Metros
LynchburgVA
13SAFE
RoanokeVA
26WATCH
Virginia BeachVA
20SAFE
WashingtonVA
23SAFE
AppletonWI
15SAFE

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