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2025 Compare Cities Housing:
Richmond, KY vs Springfield, MA

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Highlights
- The median age of a home in Richmond is 153.6% younger than the median age of a home in Springfield.
 Richmond, KYSpringfield, MAUnited States
 Median Home Age28  Unlock42
 Median Home Cost  Unlock$240,800$338,100
 Home Appr. Last 12 months15.5%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock60.6%57.0%
 Home Appr. Last 10 yrs.69.9%  Unlock101.1%
 Property Tax Rate  Unlock$18.0$11.0
 Homes Owned32.6%  Unlock57.4%
 Housing Vacant  Unlock7.7%11.2%
 Homes Rented57.0%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Richmond, KYSpringfield, MAUnited States
 Average Rent  Unlock$1,520$1,840
 Studio Apartment$640  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,020$1,180
 2 Bedroom Home or Apartment$790  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,540$1,860
 4 Bedroom Home or Apartment$1,060  Unlock$2,160
 space1
 Vacant Housing
 Richmond, KYSpringfield, MAUnited States
 Vacant For Rent  Unlock2.1%1.9%
 Vacant Rented0.6%  Unlock0.4%
 Vacant For Sale  Unlock0.5%0.7%
 Vacant Sold0.6%  Unlock0.4%
 Vacant Vacation  Unlock0.3%3.6%
 Vacant Other5.5%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Richmond, KYSpringfield, MAUnited States
 Less Than $20,000  Unlock2.6%2.6%
 $20,000 to $39,9990.7%  Unlock2.4%
 $40,000 to $59,999  Unlock0.9%2.8%
 $60,000 to $79,9991.4%  Unlock3.9%
 $80,000 to $99,999  Unlock3.9%4.5%
 $100,000 to $149,99926.2%  Unlock11.3%
 $150,000 to $199,999  Unlock37.9%13.0%
 $200,000 to $299,99923.6%  Unlock20.1%
 $300,000 to $399,999  Unlock4.8%13.6%
 $400,000 to $499,9993.2%  Unlock8.3%
 $500,000 to $749,999  Unlock0.8%9.7%
 $750,000 to $999,9990.9%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.3%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.1%1.1%
 space3
 Housing Units By Year Built
 Richmond, KYSpringfield, MAUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock2.5%13.6%
 2000 to 200917.0%  Unlock13.6%
 1990 to 1999  Unlock3.6%13.6%
 1980 to 198916.2%  Unlock13.2%
 1970 to 1979  Unlock9.9%14.8%
 1960 to 196924.3%  Unlock13.6%
 1950 to 1959  Unlock16.5%10.0%
 1940 to 19491.3%  Unlock4.7%
 1939 or Earlier  Unlock38.6%12.2%
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Reviews for Richmond    4 Reviews
Mike · Richmond, KY
A Goldilocks town!
Over 7 years ago

Keep this between us... Richmond is a hidden gem. A small university town close to a large city (Lexington is 30 minutes away) and less than two hour from very large  More

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E · Richmond, KY
Not the worst; good dining options.
Over 12 years ago

For a smallish town, Richmond offers a convenient location and great small restaurants. Fortunately it is also wedged between Lexington and little Berea, both with more  More

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Phil · Richmond, KY
Description
Over 16 years ago

Major university town of small size (30,000), and conveniently located 30 miles from Lexington,  More

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Reviews for Springfield    15 Reviews
BJ · West Village, Soho, NY
A city on the upswing.
Over 6 years ago

Springfield is experiencing a rejeuvenation. Does the city have issues? Of course, what medium-sized city doesn't? During the past year, a new $1 billion MGM  More

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Victoria · Housatonic, MA
New resident, and I love it
Over 8 years ago

This city has a bad rep that is unwarranted. I just bought a terrific little house in a quiet and friendly neighborhood. Everywhere I go in this town, people are  More

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Loleta · Springfield, MA
City of Homes
Over 11 years ago

I just moved to Springfield almost a year now. I moved there because I know the housing stock there is plentiful. It's also very affordable. The most affordable place to  More

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Learn More About Richmond, Kentucky
Overview
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Learn More About Springfield, Massachusetts
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