Richmond, KS Foreclosures
How much do homes sell for in Richmond, KS?
The average home price is currently $256,395.
In Richmond, KS, how many homes are available?
There are currently 1 active home listings available in Richmond.
What’s the average rental cost in Richmond, KS?
The average rental price in Richmond is $1,153.
What is the most expensive home in Richmond?
The most expensive home sold in Richmond had a price of $1,124,530.
What is currently the cheapest priced home in Richmond, KS?
The cheapest home for sale in Richmond is priced at $13,192.
Living in Richmond, KS
Richmond, Kansas is a quaint, small town offering a peaceful rural lifestyle with a close-knit community feel. Boasting scenic landscapes and access to outdoor activities, it's an ideal location for families and retirees alike. Residents enjoy a low cost of living while being within commuting distance to larger cities like Ottawa and Lawrence for added amenities and employment opportunities.
Current Market Conditions in Richmond, KS
The real estate market in Richmond, KS currently shows a stable trend with a slight increase in home prices due to limited inventory and steady demand. Many buyers are attracted to the town's affordable living expenses and peaceful lifestyle, contributing to a growing interest in residential properties. As a result, homes tend to sell quickly, often receiving multiple offers, particularly those priced competitively.
Historically, Richmond has experienced gradual appreciation in property values, fueled by a stable local economy and a consistent influx of new residents seeking affordable housing solutions. The town's appeal as a family-friendly community with good schools and parks has made it increasingly attractive for young families and retirees.
Home Value Estimator For Richmond, KS
There are currently 354 real estate properties
in Richmond, KS,
with a median automated valuation model (AVM) price
of $201,930.00. 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, KS, 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, KS,
is $256,395.00, with the most expensive house
in Richmond, KS, topping out
at $1,124,530.00 and the cheapest home
in Richmond, KS,
clocking in at $13,192.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Richmond, KS!
Rent Prices
In Richmond, KS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Richmond, KS, is on
a rollercoaster ride. The
average rent price in Richmond, KS,
is $1,153.00. Indeed, when looking to rent in
Richmond, KS, you can expect to pay as little
as $630.00 or as much
as $2,530.00,
with the average rent median estimated to
be $1,130.00. The good news is that finding
an affordable and desirable property to rent in Richmond, KS
-- 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.
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