Zip 01254 (Richmond, MA) Housing


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The housing market in 01254 Richmond, MA is very strong. According to the information provided, the median value of homes in 01254 Richmond is $523,300, which is significantly higher than the US house median value of $338,100. This is further evidenced by the fact that house appreciation in this area over the past year has been 16.87%, while for the entire US it was only 8.27%. This reflects a healthy and growing housing market in 01254 Richmond and suggests that now may be a good time for potential homebuyers to consider investing here.

The median home cost in Richmond (zip 01254) is $523,300. Home appreciation the last 10 years has been 59.1%. Home Appreciation in Richmond (zip 01254) is up 14.6%.

Average Age of Homes
- The median age of Richmond (zip 01254) real estate is 48 years old
The Rental Market in Richmond (zip 01254)
- Renters make up 9.7% of the Richmond (zip 01254) population
- 0.0% of houses and apartments in Richmond (zip 01254), 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingRichmond, MassachusettsUnited States
  590.0139,647,020.0
  5242
  $523,300$338,100
  14.6%16.6%
  55.0%57.0%
  59.1%101.1%
  $14.92$10.98
  $4,522$2,690
  72.9%57.4%
  25.4%11.2%
  1.7%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  20.8%3.6%
  4.6%4.1%
  Value of Owner-Occupied Housing
  0.0%2.6%
  0.0%2.4%
  0.0%2.8%
  0.7%3.9%
  0.0%4.5%
  0.9%11.3%
  4.2%13.0%
  20.9%20.1%
  18.6%13.6%
  9.8%8.3%
  22.1%9.7%
  15.1%3.9%
  3.7%2.2%
  1.6%0.8%
  2.3%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  8.6%13.6%
  8.6%13.6%
  6.8%13.6%
  11.7%13.2%
  20.3%14.8%
  6.8%13.6%
  6.8%10.0%
  5.1%4.7%
  22.7%12.2%
Commute