Richmond, VT is a great place to live due to its excellent housing market. The median value for homes in Richmond is currently $447,400 which is significantly higher than the US House Median Value of $338,100. Additionally, the house appreciation rate in Richmond over the past year has been 13.44%, much higher than the US 1 year House Appreciation of 8.27%. This indicates that there is considerable demand for housing in Richmond and that prices are likely to continue rising in the future. This makes Richmond an ideal location for those looking to buy or invest in property.
The median home cost in Richmond is $447,400. Home appreciation the last 10 years has been 68.9%. Home Appreciation in Richmond is up 18.6%.
Average Age of Homes
- The median age of Richmond real estate is 36 years old
The Rental Market in Richmond
- Renters make up 19.4% 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.