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Preforeclosure Homes in Richmond, CA 94804

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Richmond, CA Foreclosures

How much do homes sell for in Richmond, CA?
The average home price is currently $681,600.
In Richmond, CA, how many homes are available?
There are currently 26 active home listings available in Richmond.
What’s the average rental cost in Richmond, CA?
The average rental price in Richmond is $1,907.
What is the most expensive home in Richmond?
The most expensive home sold in Richmond had a price of $159,984,448.
What is currently the cheapest priced home in Richmond, CA?
The cheapest home for sale in Richmond is priced at $16,522.

Living in Richmond, CA

Richmond, California is a vibrant and diverse city located in the San Francisco Bay Area. It offers a mix of urban convenience and stunning natural scenery, with waterfront views and access to numerous parks. Richmond features a range of amenities, educational institutions, and recreational activities, making it an attractive place to live for families and professionals alike.

Current Market Conditions in Richmond, CA

The Richmond real estate market has shown resilience despite broader economic fluctuations. Demand for housing remains strong, with a diverse mix of property types catering to different demographics. The city's ongoing development initiatives have spurred interest and investment in the area, particularly in neighborhoods closer to the waterfront, where views and access to amenities are highly coveted.

Home prices in Richmond have been steadily rising over the past few years, driven by limited inventory and growing demand. While prices might be more affordable when compared to nearby cities like San Francisco or Berkeley, Richmond still offers competitive market opportunities for both buyers and investors.

Home Value Estimator For Richmond, CA

There are currently 34,773 real estate properties in Richmond, CA, with a median automated valuation model (AVM) price of $594,772.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Richmond, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Richmond, CA, is $681,600.00, with the most expensive house in Richmond, CA, topping out at $159,984,448.00 and the cheapest home in Richmond, CA, clocking in at $16,522.00. In other words, there’s something for every potential homebuyer or savvy investor in Richmond, CA!

Rent Prices In Richmond, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Richmond, CA, is on a rollercoaster ride. The average rent price in Richmond, CA, is $1,907.00. Indeed, when looking to rent in Richmond, CA, you can expect to pay as little as $830.00 or as much as $5,660.00, with the average rent median estimated to be $1,870.00. The good news is that finding an affordable and desirable property to rent in Richmond, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Richmond, CA 94804 Preforeclosure Homes

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