Richmond Heights, OH Housing

The housing market in Richmond Heights, OH is thriving. The median value of homes in the area is $196,900, which is far lower than the national average of $338,100. Despite this lower price point, home values have appreciated an impressive 8.35% over the last year, slightly higher than the US average of 8.27%. It is clear that Richmond Heights' housing market is a great option for both buyers and sellers alike.

The median home cost in Richmond Heights is $196,900. Home appreciation the last 10 years has been 79.6%. Home Appreciation in Richmond Heights is up 12.6%.

Average Age of Homes

- The median age of Richmond Heights real estate is 50 years old

The Rental Market in Richmond Heights

- Renters make up 31.3% of the Richmond Heights population
- 4.4% of houses and apartments in Richmond Heights, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Richmond Heights, Ohio	United States
	5,375.0	139,647,020.0
	53	42
	$196,900	$338,100
	12.6%	16.6%
	53.2%	57.0%
	79.6%	101.1%
	$28.61	$10.98
	$4,148	$2,690
	57.5%	57.4%
	7.6%	11.2%
	34.9%	31.4%
Vacant Housing
	4.4%	1.9%
	0.0%	0.4%
	0.5%	0.7%
	0.0%	0.4%
	0.6%	3.6%
	2.2%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	1.0%	2.4%
	0.4%	2.8%
	3.0%	3.9%
	4.3%	4.5%
	45.8%	11.3%
	18.2%	13.0%
	23.2%	20.1%
	1.4%	13.6%
	0.0%	8.3%
	0.9%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.6%	13.6%
	9.6%	13.6%
	11.0%	13.6%
	4.1%	13.2%
	17.2%	14.8%
	11.0%	13.6%
	23.5%	10.0%
	3.6%	4.7%
	2.6%	12.2%