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New Construction Homes Under $400,000 in Richmond–Petersburg, VA

Browse new home communities in the Richmond–Petersburg metro with base pricing under $400,000.

New homes under $400,000 in the Richmond–Petersburg metro often include townhomes and entry-level single-family homes in growing suburban communities. Builders in this price range typically focus on efficient layouts, modern finishes, and accessible locations near major roadways. Buyers exploring affordable new construction can compare available communities, builder incentives, and move-in-ready options across multiple counties within the Richmond hub.

Part of the Richmond Petersburg new construction market

Showing 25 communities matching this filter.

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Frequently Asked Questions

How many new construction homes under $400,000 in richmond–petersburg, va are available in Richmond Petersburg?

There are currently 25 new construction communities matching this criteria in the Richmond Petersburg area. Inventory changes as builders release new phases and sell existing homes.

What is the starting price for new construction homes under $400,000 in richmond–petersburg, va in Richmond Petersburg?

Base pricing for communities in this category currently starts around $255,110. Final pricing depends on floor plan selection, lot premiums, and builder upgrades.

Are these newly built homes move-in ready?

Some communities may offer quick move-in homes, while others offer build-to-order options. Availability, build timelines, and incentives vary by builder and community phase.

How long does it take to build a new home in Richmond Petersburg?

Build timelines vary depending on the builder and home type. On average, new construction homes may take several months from contract to completion, depending on customization and permitting.