Housing in 94805 Richmond, CA is much more expensive than the US median housing value, with a median value of $763,300. This is more than double the US median of $338,100. In terms of appreciation, however, house values in 94805 Richmond have declined slightly over the last year, with a 1 year appreciation of -0.27%, while the US median house appreciation grew by 8.27%. Despite this decrease in value in 94805 Richmond, housing remains significantly above the national average and continues to attract new buyers to the area.
The median home cost in Richmond (zip 94805) is $763,300. Home appreciation the last 10 years has been 215.6%. Home Appreciation in Richmond (zip 94805) is up 6.5%.
Average Age of Homes
- The median age of Richmond (zip 94805) real estate is 66 years old
The Rental Market in Richmond (zip 94805)
- Renters make up 33.1% of the Richmond (zip 94805) population
- 1.3% of houses and apartments in Richmond (zip 94805), 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.