South Arm, Richmond Homes with Basement for Sale

There are currently 45 homes with basement for sale in South Arm, Richmond. Prices range from $222,800 to $3,099,000. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates.

↔ Balanced Market
45
Active Listings
6
Sold (30 days)
13.3%
Sales Ratio
Balanced Market
$1.32M
Median List Price
$619
Avg $/sqft
44
Avg Days on Market
Sale-to-List Ratio & Sold Prices
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The homes market in South Arm, Richmond is currently a Balanced Market with a 13.3% sales ratio — 6 homes sold against 45 active listings in the past 30 days. The median asking price is $1,322,000 ($619/sqft). Properties are selling slowly, averaging 44 days on the market.

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Market Activity by Price Range — South Arm, Richmond

Price Range Active Sold (30d) Sales Ratio
Under $300K 13 2 15%
$300K–$400K 1 0 0%
$400K–$500K Most Active 2 2 100%
$700K–$800K 3 0 0%
$800K–$900K 1 0 0%
$900K–$1M Most Active 1 1 100%
$1M–$1.25M 1 0 0%
$1.25M–$1.5M 6 0 0%
$1.5M–$2M 10 1 10%
Over $2M 7 0 0%

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 are for sale in South Arm, Richmond?
There are currently 45 homes 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?
It is currently a Balanced Market. With a 13.3% 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?
The median asking price for homes in South Arm, Richmond is $1,322,000. The average price per sqft is $619. See the full Richmond real estate market report for monthly trends.
How long do homes take to sell in South Arm, Richmond?
Homes in South Arm, Richmond are averaging 44 days on market before selling. Buyers have time to view multiple properties and negotiate.
Are basements common in South Arm, Richmond homes?
Many homes in South Arm, Richmond include finished or partially finished basements that can serve as extra living space, recreation rooms, or potential rental suites. Always verify basement ceiling height, permits, and legal suite status.

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