Zip 05477 (Richmond, VT) Housing

Richmond, VT (05477) has seen a significant appreciation of housing values over the past year. The median value for homes in Richmond is $417,300 which is significantly higher than the US median home value of $338,100. This reflects a 1 year house appreciation rate of 13.44% in Richmond which is much higher than US house appreciation rates of 8.27%. This indicates that Richmond is an attractive place to invest in real estate and could be a great opportunity for those looking to purchase or rent a property.

The median home cost in Richmond (zip 05477) is $417,300. Home appreciation the last 10 years has been 68.9%. Home Appreciation in Richmond (zip 05477) is up 18.6%.

Average Age of Homes

- The median age of Richmond (zip 05477) real estate is 36 years old

The Rental Market in Richmond (zip 05477)

- Renters make up 20.0% of the Richmond (zip 05477) population
- 0.4% of houses and apartments in Richmond (zip 05477), 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

Housing	Richmond, Vermont	United States
	2,110.0	139,647,020.0
	38	42
	$417,300	$338,100
	18.6%	16.6%
	53.6%	57.0%
	68.9%	101.1%
	$18.45	$10.98
	$6,349	$2,690
	70.6%	57.4%
	7.9%	11.2%
	21.5%	31.4%
Vacant Housing
	0.4%	1.9%
	1.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	4.1%	3.6%
	2.4%	4.1%
Value of Owner-Occupied Housing
	0.3%	2.6%
	1.7%	2.4%
	3.7%	2.8%
	2.8%	3.9%
	0.2%	4.5%
	2.5%	11.3%
	2.3%	13.0%
	23.6%	20.1%
	29.2%	13.6%
	17.0%	8.3%
	16.6%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.6%	13.6%
	13.6%	13.6%
	13.5%	13.6%
	27.1%	13.2%
	18.0%	14.8%
	13.5%	13.6%
	0.8%	10.0%
	0.0%	4.7%
	21.0%	12.2%

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