The housing market in Richmond, GA County is thriving. The median value of homes in the area is $170,700, which is significantly lower than the US House Median Value of $338,100. That lower price point makes it an attractive option for those looking to purchase a home. Additionally, Richmond has seen a 1 year house appreciation rate of 17.03%, which is more than double the US 1 year House Appreciation rate of 8.27%. This means that real estate prices in Richmond have increased substantially over the past year and shows promise for future growth. It is clear that the housing market in Richmond, GA County is strong and an excellent opportunity for buyers and sellers alike.
The median home cost in Richmond County is $170,700. Home appreciation the last 10 years has been 85.6%. Home Appreciation in Richmond County is up 17.4%.
Average Age of Homes
- The median age of Richmond County real estate is 40 years old
The Rental Market in Richmond County
- Renters make up 38.7% of the Richmond County population
- 5.0% of houses and apartments in Richmond County, 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.