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Fairmount

Fairmount

Suburban Neighborhood in Richmond, Virginia

Richmond City County 23223

$327,825 Average Value
$217 Average Price per Sq Ft
9 Homes For Sale

Historic enclave north of Church Hill

Amid ongoing revitalization, the east Richmond neighborhood of Fairmount is a historic district that keeps the faith. It was built in the late 19th century as a “trolley suburb,” and in the mid-20th century, as in nearby Church Hill, churches started to become the center of community involvement here. Several, including historic Mt. Tabor Baptist Church and the iconic Gothic structure that houses Bethlehem Baptist Church, remain in the community’s heart even today. Lately, Fairmount has been the focus of rejuvenation efforts that have spurred the remodeling of many of the neighborhood’s original homes, alongside new residential and commercial developments. A new rec center is in the works, also, following a groundbreaking at the community park in October 2023. The neighborhood’s first full-service grocery store, attached to a modern apartment complex, opened in 2019. “There’s definitely a lot going on there right now,” says John O’Connor, a Richmond local and Realtor with The Hogan Group Real Estate. O’Connor: “Fairmount has changed a lot even in the last five years, which is exciting. It’s becoming a very cool place to live, whereas maybe 10 or 15 years ago, it would’ve been overlooked in favor of a more ‘finished’ historic neighborhood like Church Hill.”

Revitalized 1900s homes and new builds

Originally built as a "trolley suburb" in the late 19th century, much of the residential architecture from the community's early phases of development remains. In 2000, Richmond began efforts to revitalize the existing housing as well as add new homes that keep the neighborhood’s architectural identity intact. This, in turn, spurred similar outside investment in the community, and today an array of remodeled homes can be found throughout Fairmount. Predominant among them are Italianate structures featuring large porches and decorative cornices or expanded roof ridges and Queen Anne homes that feature asymmetrical facades and conical or artfully designed roofs. Additional styles include remodeled frame bungalows, Craftsman-style remodels and ranchers. Today, home prices range from $200,000 for a two-bedroom bungalow to more than $450,000 for a beautifully remodeled Italianate-style Victorian. The median sale price hovers around the $305,000 mark, just under the median for the wider city. “This is almost like what Church Hill used to be, especially in terms of price,” says O’Connor. “If you’re looking to live in a city-suburb-type neighborhood on the east side but can’t quite swing the price of a home in Church Hill, Fairmount is a great option right now,” he says.

The Remodeled Homes in Fairmount, VA Located 3 Miles From Downtown
The Remodeled Homes in Fairmount, VA Located 3 Miles From Downtown
Italianate and Queen Anne Homes Shine Over the Skies in Fairmount VA
Italianate and Queen Anne Homes Shine Over the Skies in Fairmount VA
Ranchers Line the Streets of Fairmount in Richmond VA
Ranchers Line the Streets of Fairmount in Richmond VA
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Historic Richmond high school

Fairmount students attend schools in the Richmond Public Schools system. The littlest neighborhood residents go to Martin Luther King Junior Early Learning Center for preschool. Older students continue to Marsh Elementary and Martin Luther King Junior Middle through eighth grade and finish their grade school careers at Armstrong High School. Marsh Elementary, which was renamed in 2020 to honor Henry L. Marsh III, Richmond’s first African American mayor, earned a B grade from Niche in 2023. That same year, Martin Luther King Junior Middle earned a D-plus and Armstrong High earned a C-minus. Armstrong High offers a variety of clubs and extracurricular activities to its students, from the National Honor Society and Men Sharpen Young Men Program to the Sports Analytics Club, Street Law and the Armstrong Leadership Program. The high school is one of the city’s oldest, established by the Freedman’s Bureau in 1865.

Convenient city parks

Lucks Field, a neighborhood park off North 20th Street within half a mile of most homes, offers a sunny multiuse field, two tennis courts, a baseball diamond complete with bleachers for spectators and a colorful playground. In October 2023, the city broke ground on a new community center in the park, which will provide additional recreational and social gathering space for locals. Fairmount Pool, a public outdoor pool open each summer, is diagonally across North 20th Street from Lucks Field. For bookworms, the East End Branch of the Richmond Public Library is nearby, too. It’s just half a mile southeast of the pool, off North 25th Street.

Market and eateries close to home

The Market at 25th is Fairmount’s only full-service grocer, conveniently located on North 25th Street within half a mile of most homes. Opened in 2019, it includes all the amenities of a modern grocery store, from a deli and bakery to a pharmacy. The store, which is connected to a contemporary apartment complex, also holds regular community events. Locals can grab a slice of pizza at DaVinci’s Pizza or feast on classic German fare at the award-winning Metzger Bar & Butchery. Both are within a mile of most Fairmount homes, near the neighborhood’s south end.

The Market at 25th Deli is the Perfect Place to Get Your Meats in Fairmount VA
The Market at 25th Deli is the Perfect Place to Get Your Meats in Fairmount VA
The Market at 25th was Built in 2019 and is the Epicenter of the Fairmount Community
The Market at 25th was Built in 2019 and is the Epicenter of the Fairmount Community
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Fairmount Neighborhood in Richmond VA is close to Downtown
Fairmount Neighborhood in Richmond VA is close to Downtown

Getting around Richmond

Strategically scattered stops along the Greater Richmond Transit Company’s bus line make getting around the city without a car easy. Richmond Main Street Station, a working Amtrak train station, is in Shockoe Bottom, just 5 minutes south of home, for locals needing to travel a bit farther afield. And for those commuting even farther, the Richmond International Airport is less than 15 minutes southeast, just 7 miles away.

Matt Pallister
Written By
Matt Pallister
Bill Mahon
Photography Contributed By
Bill Mahon
Ruo Zheng
Video By
Ruo Zheng

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Ricky McNeal, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Richmond International

13 min drive

Bus

Fairmount & 24th Wb

Bus

22nd & U

Bus

Mosby & Fairmount

Bus

22nd & Fairmount

Bus

Mosby & P

Bus

25th & R

Bus

25th & S

Crime and Safety

1 - Low Crime, 10 - High Crime Fairmount US
Homicide 9 4
Sexual Assault 6 4
Assault with Weapon 8 4
Robbery 7 4
Burglary 5 4
Motor Vehicle Theft 5 4
Larceny 4 4
Crime Score 6 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$315,000
Median Single Family Price
$316,500
Average Price Per Sq Ft
$217
Number of Homes for Sale
9
Last 12 months Home Sales
25
Months of Supply
4.30
Median List Price
$337,445
Median Discount From 1st List Price
2%
Median Home Sale Price YoY Change
6%

Home Facts

Number of Homes in Neighborhood
393
Median Year Built
1910
Avg. Single Family Home Size Sq Ft
1,671
Below the national average
1,936
Median Lot Size Sq Ft
3,484

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Ricky McNeal, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
1,799
Median Age
38
Population Density
17 ppl/acre
Population under 18
25.3%
On par with the national average
23.8%
Population over 65
16.6%
On par with the national average
19.1%

Finances

Median Household Income
$34,178
Significantly below the national average
$71,702
Average Household Income
$50,775

Education and Workforce

High School Graduates
76.3%
Below the national average
89.1%
College Graduates
25.8%
Below the national average
34.1%
Advanced Degrees
6.9%
% Population in Labor Force
57.2%

Weather

Annual Precipitation
45''
Average Winter Low Temperature
29°F
Average Summer High Temperature
89°F
Annual Snowfall
5''

Area Factors

Bikeable

Bike Score®

59 / 100

Very Walkable

Walk Score®

70 / 100

Some Transit

Transit Score®

43 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Fairmount