South Arm, Richmond Homes for Sale Under $500K
There are currently 16 homes for sale in South Arm, Richmond priced Under $500K. The median asking price is $257,250, averaging $282/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+)
↑ Seller's Market
16
Active Listings
4
Sold (30 days)
25%
Sales Ratio
Seller's Market
$257K
Median List Price
$282
Avg $/sqft
44
Avg Days on Market
The homes priced under $500k market in South Arm, Richmond is currently a Seller's Market with a 25% sales ratio — 4 homes sold against 16 active listings in the past 30 days. The median asking price is $257,250 ($282/sqft). Properties are selling slowly, averaging 44 days on the market.
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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 | 13 | 2 | 15% | |
| $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 16 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 Seller's Market. With a 25% sales ratio, demand is outpacing supply — homes are moving quickly and sellers have the upper hand in negotiations. 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 $257,250. The average price per sqft is $282. 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 44 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 16 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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