Richmond, MO (64085) is a small town located in western Ray County. The median value of housing in Richmond is $183,800, which is significantly lower than the US House Median Value of $338,100. In the past year, the US house appreciation rate was 8.27%, while Richmond saw an even greater increase with a 13.07% appreciation rate. This suggests that investing in housing in Richmond is becoming more attractive as the market continues to appreciate rapidly.
The median home cost in Richmond (zip 64085) is $183,800. Home appreciation the last 10 years has been 100.6%. Home Appreciation in Richmond (zip 64085) is up 16.3%.
Average Age of Homes
- The median age of Richmond (zip 64085) real estate is 47 years old
The Rental Market in Richmond (zip 64085)
- Renters make up 29.0% of the Richmond (zip 64085) population
- 1.2% of houses and apartments in Richmond (zip 64085), 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.