South Arm, Richmond Homes for Sale Under $500K
There are currently 17 homes for sale in South Arm, Richmond priced Under $500K. The median asking price is $256,500, averaging $279/sqft. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates.
All
With Suite
With Basement
New Construction
1 Bed
2 Bed
3 Bed
4 Bed
5 Bed
Under $500K
Under $800K
Under $1M
$1M–$2M
Over $2M
$2M–$3M
Luxury ($3M+)
↔ Balanced Market
17
Active Listings
3
Sold (30 days)
17.6%
Sales Ratio
Balanced Market
$257K
Median List Price
$279
Avg $/sqft
41
Avg Days on Market
The homes priced under $500k market in South Arm, Richmond is currently a Balanced Market with a 17.6% sales ratio — 3 homes sold against 17 active listings in the past 30 days. The median asking price is $256,500 ($279/sqft). Properties are selling slowly, averaging 41 days on the market.
Also Explore
Richmond Land With Suite Richmond Land With Basement Richmond Land New Construction 1 Bed Land in Richmond 2 Bed Land in Richmond 3 Bed Land in Richmond 4 Bed Land in Richmond 5 Bed Land in RichmondMarket Activity by Price Range — South Arm, Richmond
| Price Range | Active | Sold (30d) | Sales Ratio | Activity |
|---|---|---|---|---|
| Under $300K | 14 | 1 | 7% | |
| $300K–$400K | 1 | 0 | 0% | |
| $400K–$500K Most Active | 2 | 2 | 100% |
Sales ratio = homes sold in last 30 days ÷ active inventory. Over 20% = Seller's Market.
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Frequently Asked Questions — South Arm, Richmond
How many homes priced under $500k are for sale in South Arm, Richmond?
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There are currently 17 homes priced under $500k listed for sale in South Arm, Richmond. Listings are updated daily from the MLS® database.
Is it a buyer's or seller's market for homes in South Arm, Richmond?
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It is currently a Balanced Market. With a 17.6% sales ratio, supply and demand are roughly balanced — both buyers and sellers have reasonable negotiating positions. See the full Richmond real estate market report for monthly trends.
What is the median price of homes in South Arm, Richmond?
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The median asking price for homes in South Arm, Richmond is $256,500. The average price per sqft is $279. See the full Richmond real estate market report for monthly trends.
How long do homes take to sell in South Arm, Richmond?
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Homes in South Arm, Richmond are averaging 41 days on market before selling. Buyers have time to view multiple properties and negotiate.
Are there good homes priced under $500k in South Arm, Richmond?
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Yes — there are currently 17 homes priced under $500k available in South Arm, Richmond. Use the filters above to narrow by bedrooms, bathrooms, or features like suites and basements.
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