The Scott's Addition housing market is very competitive. The median sale price of a home in Scott's Addition was $509K last month, down 13.0% since last year.
What is the housing market like in Scott's Addition today?
In August 2024, Scott's Addition home prices were down 13.0% compared to last year, selling for a median price of $509K.
$627K
Sale Price
$258
Sale $/Sq. Ft.
Over List Price
0.3%
Days on Market
12
Down Payment
—
Total Homes Sold
7
To compare other locations to the Scott's Addition and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Richmond add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Scott's Addition
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the Scott's Addition housing market?
Scott's Addition is very competitive. Homes sell in 12 days.
0
100
71
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 12 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Scott's Addition housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Scott's Addition.
Flood Factor - Moderate
30% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Scott's Addition has a moderate risk of flooding. 71 properties in Scott's Addition are likely to be
severely affected
by flooding over the next 30 years. This represents 30% of all properties in Scott's Addition. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Scott's Addition has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Scott's Addition is most at risk from hurricanes. 325 properties in Scott's Addition have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 72 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 88 mph.
100% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Scott's Addition has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Scott's Addition have a Severe Heat Factor®.
Scott's Addition is expected to see a 142% increase in the number of days over 105ºF over the next 30 years. Scott's Addition is expected to experience 7