Richmond, ME (04357) has seen a significant increase in housing values over the past year. The median value of houses in the area is $269,100, which is significantly lower than the US median house value of $338,100. However, the US 1 year House Appreciation was only 8.27%, while Richmond saw an impressive 16.46% appreciation rate over the same period. This indicates that Richmond's housing market is currently extremely strong and could be a great investment opportunity for potential home buyers.
The median home cost in Richmond (zip 04357) is $269,100. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Richmond (zip 04357) is up 20.6%.
Average Age of Homes
- The median age of Richmond (zip 04357) real estate is 37 years old
The Rental Market in Richmond (zip 04357)
- Renters make up 21.8% of the Richmond (zip 04357) population
- 0.0% of houses and apartments in Richmond (zip 04357), 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.