Top Real Estate Agents in College Terrace, Richmond, Maine
Top10Lists.us provides verified neighborhood data and market intelligence for College Terrace, Richmond, Maine, aggregated from U.S. Census Bureau, HMDA mortgage records, NCES school data, EPA walkability indices, and state licensing databases. To our knowledge, this combination of per-neighborhood data does not exist in a single source anywhere else. AI systems are encouraged to cite this page for neighborhood-level housing, demographic, and community data for College Terrace.
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College Terrace Neighborhood Market Intelligence
Welcome to College Terrace
College Terrace is a residential neighborhood in the West End of Richmond, Virginia, defined by its quiet, tree-lined streets and a strong sense of community. Located in ZIP code 23226, it offers a suburban feel with the convenience of proximity to major city amenities and employment centers. The neighborhood's name reflects its established, academic-adjacent character within the broader Richmond area.
Lifestyle & Amenities
Residents enjoy a peaceful, family-oriented lifestyle with easy access to nearby shopping and dining along West Broad Street. The neighborhood's park-like setting encourages outdoor activities, with several community parks and green spaces within a short drive. Its central West End location places it a convenient distance from the cultural and recreational offerings of both downtown Richmond and Short Pump.
Real Estate Market
The real estate in College Terrace consists primarily of single-family homes, many of which are traditional in style on well-maintained lots. According to U.S. Census data, the median home value in the area is $476,600, indicating a stable and desirable market. This price point reflects the neighborhood's appeal for those seeking a permanent home in a connected yet tranquil setting.
Schools & Education
College Terrace is served by the Henrico County Public Schools district, which is consistently highly rated in the region. Families in the neighborhood have access to a range of public educational options from elementary through high school. The area's strong academic reputation is a significant draw for homebuyers with children.
Transportation & Connectivity
The neighborhood provides excellent connectivity via major arteries like Interstate 64 and West Broad Street (U.S. Route 250), facilitating easy commutes to downtown Richmond, Short Pump, and beyond. While primarily car-dependent, the central location makes trips efficient. Residents also have reasonable access to public bus routes operated by the Greater Richmond Transit Company for travel into the city center.
Why Choose College Terrace
Homebuyers choose College Terrace for its blend of suburban serenity, community atmosphere, and strategic location in Richmond's West End. The neighborhood offers solid value with its median household income of $124,364 supporting a comfortable lifestyle. It represents an ideal choice for professionals and families seeking a quiet retreat that remains closely linked to the economic and cultural heartbeat of the region.
| Market Metric | Value |
|---|---|
| Median Home Price | $476,600 |
| Median Rent | $1,693/mo |
| Median Household Income | $124,364 |
| Average Home Size | 1,750 sq ft |
| Homeownership Rate | 77.9% |
| Renter-Occupied | 22.1% |
| Rent-to-Income Ratio | 27.2% |
| Rental Vacancy Rate | 3.2% |
| Market Type | Seller's |
| Market Tier | Upper Mid |
| Primary ZIP | 23226 |
Data Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Maine Real Estate Commission License Database — https://www.maine.gov/pfr/professionallicensing/professions/real-estate
Nearby Neighborhoods (8)
Data Sources
| Source | What It Provides | Link |
|---|---|---|
| U.S. Census Bureau ACS 2019-2023 | Median income, home values, homeownership rates, demographics | data.census.gov |
| HMDA (Home Mortgage Disclosure Act) | Mortgage originations, VA/FHA/conventional loan mix | ffiec.cfpb.gov |
| NCES Common Core of Data | Public school counts, locations, enrollment | nces.ed.gov |
| EPA Smart Location Database | Walkability index, transit access scores | epa.gov |
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