Richmond, OH Foreclosures
How much do homes sell for in Richmond, OH?
The average home price is currently $190,127.
What’s the average rental cost in Richmond, OH?
The average rental price in Richmond is $1,162.
What is the most expensive home in Richmond?
The most expensive home sold in Richmond had a price of $952,885.
What is currently the cheapest priced home in Richmond, OH?
The cheapest home for sale in Richmond is priced at $13,300.
Living in Richmond, OH
Richmond, Ohio, offers a peaceful small-town lifestyle with plenty of outdoor recreational opportunities. The community is tight-knit, featuring local parks, quality schools, and a welcoming environment. Residents appreciate the serene surroundings while still having the option to commute to nearby cities for work or entertainment.
Current Market Conditions in Richmond, OH
The real estate market in Richmond, OH, remains steady, with an increasing interest from families and individuals seeking affordable housing options outside urban centers. Current listings show a mix of older homes and newer constructions, catering to a variety of buyer preferences. The area's appeal as a quiet village, while still easily accessible to larger cities, has contributed to a stable market.
Recent trends indicate a rise in home prices due to limited inventory and increased demand. Buyers are motivated by the village's charm and low cost of living, which boosts the competition among interested parties.
Home Value Estimator For Richmond, OH
There are currently 757 real estate properties
in Richmond, OH,
with a median automated valuation model (AVM) price
of $165,873.00. 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, OH, 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, OH,
is $190,127.00, with the most expensive house
in Richmond, OH, topping out
at $952,885.00 and the cheapest home
in Richmond, OH,
clocking in at $13,300.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Richmond, OH!
Rent Prices
In Richmond, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Richmond, OH, is on
a rollercoaster ride. The
average rent price in Richmond, OH,
is $1,162.00. Indeed, when looking to rent in
Richmond, OH, you can expect to pay as little
as $630.00 or as much
as $2,280.00,
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, OH
-- 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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