The housing market in 94804 Richmond, CA is not doing well compared to the US overall. The median value of a house in 94804 Richmond, CA is $588,600, which is much higher than the US median of $338,100. However, while the US saw an 8.27% appreciation rate in home values over the past year, the same rate for 94804 Richmond, CA was -0.27%. This means that homes in this area actually lost value during this time period.
The median home cost in Richmond (zip 94804) is $588,600. Home appreciation the last 10 years has been 215.6%. Home Appreciation in Richmond (zip 94804) is up 6.5%.
Average Age of Homes
- The median age of Richmond (zip 94804) real estate is 58 years old
The Rental Market in Richmond (zip 94804)
- Renters make up 50.3% of the Richmond (zip 94804) population
- 0.7% of houses and apartments in Richmond (zip 94804), 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.