Richmond, OH is a great place to find housing with a median value of $150,700. This is much lower than the US House Median Value of $338,100. The US 1 year House Appreciation rate is 8.27%, whereas in Richmond it is 12.74%. This makes Richmond an attractive choice for homebuyers looking to get a good deal on their home and take advantage of the higher rate of appreciation.
The median home cost in Richmond is $150,700. Home appreciation the last 10 years has been 68.0%. Home Appreciation in Richmond is up 12.7%.
Average Age of Homes
- The median age of Richmond real estate is 60 years old
The Rental Market in Richmond
- Renters make up 16.8% 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.