Richmond, MA Foreclosures
How much do homes sell for in Richmond, MA?
The average home price is currently $817,787.
In Richmond, MA, how many homes are available?
There are currently 18 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 $15,412,120.
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, located in the picturesque Berkshires of western Massachusetts, offers a charming rural lifestyle enriched by natural beauty and community spirit. Residents enjoy a tranquil atmosphere alongside opportunities for outdoor recreation, such as hiking and skiing. With a close-knit community and access to local amenities, Richmond is an ideal choice for those seeking a peaceful retreat while still being connected to nearby towns.
Current Market Conditions in Richmond, MA
The real estate market in Richmond, MA continues to attract interest due to its scenic beauty and rural charm. The current average price for homes in the area has seen a steady increase, driven largely by demand from those looking to escape urban settings for a more tranquil lifestyle. The competition among buyers has intensified, with many homes receiving multiple offers shortly after being listed.
Growing trends in the Richmond real estate market indicate a shift towards remote work, with more professionals seeking homes with office spaces, which has further nudged the market upward. The area’s beauty and recreational options are drawing buyers from neighboring states, increasing property values.
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 $638,367.00. 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 $817,787.00, with the most expensive house
in Richmond, MA, topping out
at $15,412,120.00 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.
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