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City-owned Homes And Land in Richmond, MA

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Richmond, MA Foreclosures

How much do homes sell for in Richmond, MA?
The average home price is currently $811,512.
In Richmond, MA, how many homes are available?
There are currently 124 active home listings available in Richmond.
What’s the average rental cost in Richmond, MA?
The average rental price in Richmond is $1,888.
What is the most expensive home in Richmond?
The most expensive home sold in Richmond had a price of $15,236,745.
What is currently the cheapest priced home in Richmond, MA?
The cheapest home for sale in Richmond is priced at $72,822.

Living in Richmond, MA

Richmond, MA is a charming small town nestled in the Berkshires, known for its striking natural beauty and outdoor recreational opportunities. The town offers a peaceful living environment with a strong sense of community, making it perfect for families. Residents have access to quality schools and are close to various attractions that provide a balance of tranquility and convenience.

Current Market Conditions in Richmond, MA

The real estate market in Richmond is currently experiencing a steady demand as more people seek to relocate to quieter, rural areas. There has been a noticeable increase in interest from buyers looking for vacation homes or permanent residences that offer access to nature and outdoor activities. However, inventory remains limited, causing prices to rise slightly as buyers compete for available properties.

Compared to previous years, Richmond's real estate market shows a healthy trend with increasing home values due to balanced supply and demand. Homes that are well-maintained and located near desirable amenities tend to sell quickly, indicating a positive market outlook.

Home Value Estimator For Richmond, MA

There are currently 779 real estate properties in Richmond, MA, with a median automated valuation model (AVM) price of $634,791.00. 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, MA, 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, MA, is $811,512.00, with the most expensive house in Richmond, MA, topping out at $15,236,745.00 and the cheapest home in Richmond, MA, clocking in at $72,822.00. In other words, there’s something for every potential homebuyer or savvy investor in Richmond, MA!

Rent Prices In Richmond, MA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Richmond, MA, is on a rollercoaster ride. The average rent price in Richmond, MA, is $1,888.00. Indeed, when looking to rent in Richmond, MA, you can expect to pay as little as $1,010.00 or as much as $2,840.00, with the average rent median estimated to be $1,830.00. The good news is that finding an affordable and desirable property to rent in Richmond, MA -- 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, MA City-owned Homes And Land


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