New Homes in Richmond-Petersburg, VA Under $250k :: 32 Communities Skip main navigation

Richmond-Petersburg Homes Under $250k

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            32 Communities

            Quick Move-In Hot Deals

            Kingsland Reserve by Ryan Homes in Richmond-Petersburg Virginia
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            Kingsland Reserve

            Community by Ryan Homes

            8530 Kingsland Park Drive
            Richmond, VA 23237

            Ryan Homes

            888-403-1902

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            Chesterfield County by Traditions of America in Richmond-Petersburg Virginia

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            Chesterfield County

            Community by Traditions of America

            10600 Hollyberry Drive
            Chesterfield, VA 23832

            Traditions of America

            888-729-0040

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            The Highlands by Ryan Homes in Richmond-Petersburg Virginia
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            The Highlands

            Community by Ryan Homes

            8413 Aldera Lane
            Chesterfield, VA 23838

            Ryan Homes

            888-699-5186

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            Condos at Wescott by Ryan Homes in Richmond-Petersburg Virginia
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            Condos at Wescott

            Community by Ryan Homes

            4100 Maze Runner Drive
            Midlothian, VA 23112

            Ryan Homes

            888-537-8826

            from $244,990 - $284,990

            1 home matches your search

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            Mosaic at West Creek by Boone Homes, Inc. in Richmond-Petersburg Virginia
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            Mosaic at West Creek

            Community by Boone Homes, Inc.

            Manakin Sabot, VA 23103

            Boone Homes, Inc.

            888-864-1647

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            Hampton Pointe at Magnolia Green by Ryan Homes in Richmond-Petersburg Virginia
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            Hampton Pointe at Magnolia Green

            Community by Ryan Homes

            6407 Bear Trace Way
            Moseley, VA 23120

            Ryan Homes

            888-751-5236

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            The Groves at New Kent 55 Plus by Ryan Homes in Richmond-Petersburg Virginia
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            The Groves at New Kent 55 Plus

            Community by Ryan Homes

            7587 Southamptonshire Way
            New Kent, VA 23124

            Ryan Homes

            888-201-6020

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            Spring Park by Ryan Homes in Richmond-Petersburg Virginia
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            Spring Park

            Community by Ryan Homes

            201 Sag Harbor Court
            Henrico, VA 23075

            Ryan Homes

            888-255-6608

            from $249,990 - $259,990

            1 home matches your search

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            Villas at Wistar Glen by Ryan Homes in Richmond-Petersburg Virginia
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            Villas at Wistar Glen

            Community by Ryan Homes

            8066 Wistar Glen Drive
            Henrico, VA 23228

            Ryan Homes

            888-625-5231

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            Other Builders

            Lake Jordan by CraftMaster Homes in Richmond-Petersburg Virginia

            Lake Jordan

            Petersburg, VA 23803

            Builder Community

            CraftMaster Homes

            from $229,950 - $265,950

            2 homes match your search

            Eagle Cove at Anchor Point by CraftMaster Homes in Richmond-Petersburg Virginia

            Eagle Cove at Anchor Point

            Hopewell, VA 23860

            Townhomes

            CraftMaster Homes

            from $149,950

            2 homes match your search

            Reedy Creek by Liberty Homes of Virginia in Richmond-Petersburg Virginia

            Reedy Creek

            Louisa, VA 23093

            Builder Community

            Liberty Homes of Virginia

            from $246,565

            2 homes match your search

            The Oaks by Emerald Homes in Richmond-Petersburg Virginia

            The Oaks

            New Kent, VA 23124

            Builder Community

            Emerald Homes

            from $207,970

            1 home matches your search

            Kennington by CraftMaster Homes in Richmond-Petersburg Virginia

            Kennington

            Midlothian, VA 23112

            Builder Community

            CraftMaster Homes

            from $239,999 - $249,950

            2 homes match your search

            Colony Pointe by CraftMaster Homes in Richmond-Petersburg Virginia

            Colony Pointe

            Chesterfield, VA 23832

            Builder Community

            CraftMaster Homes

            from $229,312

            1 home matches your search

            Kennington/TH by RCI Builders in Richmond-Petersburg Virginia

            Kennington/TH

            Aylett, VA 23009

            Townhomes

            RCI Builders

            from $155,900 - $180,350

            5 homes match your search

            Belmont/Hamlet Homes by Hamlet Homes in Richmond-Petersburg Virginia

            Belmont/Hamlet Homes

            Ruther Glen, VA 22546

            Builder Community

            Hamlet Homes

            from $229,900 - $379,900

            1 home matches your search

            Cobblestone by James R. Jones Builder in Richmond-Petersburg Virginia

            Cobblestone

            N Prince Geo, VA 23860

            Active Adult Community

            James R. Jones Builder

            from $209,000 - $302,500

            3 homes match your search

            Overlook at Hancock Village by StyleCraft Homes in Richmond-Petersburg Virginia

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            Overlook at Hancock Village

            Chesterfield, VA 23832

            Condominiums

            StyleCraft Homes

            from $229,990 - $265,990

            1 home matches your search

            Stags Leap by RCI Builders in Richmond-Petersburg Virginia

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            Stags Leap

            Mechanicsville, VA 23116

            Builder Community

            RCI Builders

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            New Home Cities in Richmond-Petersburg

            CityCommunitiesAverage New Home Price
            Richmond11$416,793
            Moseley10$483,609
            Midlothian8$415,328
            Chesterfield7$300,227
            Mechanicsville7$448,010
            Chester6$419,940
            Manakin Sabot5$618,625
            New Kent5$353,753
            Henrico5$406,125
            Glen Allen5$509,256
            Ashland3$465,036
            Powhatan2$523,491

            New Homes in Richmond-Petersburg by Region

            RegionCommunitiesAverage New Home Price
            East Richmond 10$392,000
            North Richmond 19$460,000
            Northeast Richmond 15$463,000
            Northwest Richmond 18$545,000
            South Richmond 27$385,000
            Southeast Richmond 14$415,000
            Southwest Richmond 34$403,000
            West Richmond 37$492,000

            Richmond-Petersburg features many of the best home builder communities in Virginia, but finding lower priced homes has become increasingly difficult. In the last few years, the cost of building a new home in Richmond-Petersburg has increased substantially. Despite the rising trend of housing prices, it’s still possible to design and build an affordable home in the Richmond-Petersburg area. In fact, there are 32 communities and 15 builders in Richmond-Petersburg with homes starting at under $250K.

            How to Find Homes in Richmond-Petersburg For Less Than $250K?

            Many builders recognize there is growing demand in the Richmond-Petersburg area for homes under the $250k price point and often have a few floor plans available, but these may be in limited supply. To ensure affordability without compromising on the quality of the home, builders may utilize value engineering techniques to reduce the cost of construction and keep the price of the home as low as possible. This may include building on a smaller lot or utilizing standard-sized materials, such as windows and doors, that provide high-value for the cost. The results are delivering similar quality at lower prices.