Richmond, ND is a great place to consider purchasing a house due to its attractive median housing value of $349,500. This is higher than the US median house value of $338,100 and is seeing greater appreciation year-over-year with an impressive 9.41% compared to 8.27% across the country. As such, Richmond is a great market for potential real estate investments and homeownership alike.
The median home cost in Richmond is $349,500. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Richmond is up 10.5%.
Average Age of Homes
- The median age of Richmond real estate is 45 years old
The Rental Market in Richmond
- Renters make up 9.1% of the Richmond population
- 0.0% of houses and apartments in Richmond, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.