Richmond, VT Home Values & Market Trends

Real estate market trends reflect that there have been 54 transactions over the past year in Richmond. The median value for residential home transactions that occurred over the previous year is $533,443.74. The number of current listings in Richmond is 4, and the percentage of properties for sale in the city is 4.00%. Richmond, VT currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 4 properties for sale.

Richmond, VT Real Estate Market Overview

ZipMedian Est. Value
05477

$ 801,688

$ 210/sqft

Housing Market Summary for Richmond, VT

Apr 2023March 2024Change
Median Listing Price$0$484.9K-
Median Sold Price$525.5K$484.9K-7.73%
Homes For Sale03-
Homes Sold4422-50.00%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Richmond, VT

Richmond home values range from $93,209 to $1,887,563. The median estimated value of a home in Richmond is $533,443.74. The median list price of a home is 550,000, and the total count of properties in the city is 1,633.

Foreclosure
There is 1 zips within Richmond, VT; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in Richmond, VT with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Richmond, VT with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Richmond, VT; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Richmond, VT ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Richmond, VT. There is 1 zips within Richmond, VT; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Richmond, VT. Auction homes and other auction properties account for 0% of all properties in Richmond, VT. There is 1 zips within Richmond, VT; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.24% of residential properties in Richmond, VT with 05477 containing 4 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Richmond, VT; homes for sale in that zips, have a range of median values from $1,086,710 in 05477 to the lowest value of $232,051 in 05477.
    Sold Homes
    The median value for recently sold homes ranges from $1,887,563 in 05477 to the lowest price of $73,380 in 05477. There is 1 zips within Richmond, VT. 05477 has 23 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.16% of properties in Richmond, VT.

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      Guide for Richmond, VT

      Market Reports
      Richmond Real Estate on the Rise: Property Values Up 7% from 2023 to 2024
      Market Reports
      Burlington Real Estate Values to $499K in March 2024
      gavel for real estate auction
      Home Buying Guides & Tips
      Vermont Foreclosure Laws
      Home Buying Guides & Tips
      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      See More Articles
      Richmond Real Estate on the Rise: Property Values Up 7% from 2023 to 2024
      Market Reports|posted 1 April 2024

      Richmond’s real estate market shows consistent growth, with trends indicating increasing property values and demand.

      Burlington Real Estate Values to $499K in March 2024
      Market Reports|posted 17 April 2024

      An analysis of real estate trends in Burlington, Vermont and nearby cities, looking at patterns in property values, sale prices, and market dynamics.

      gavel for real estate auction
      Vermont Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Vermont Foreclosure Laws

      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      Home Buying Guides & Tips|posted 26 April 2024

      Are you considering purchasing a foreclosure for your first home? Let’s look potential pitfalls, and essential tips to make an informed decision.

      Recently Listed Homes Richmond, VT

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