Richmond, OH—43944
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Richmond, OH
As of Oct '25, the median home price in Richmond, OH is $165,000, with a year-over-year change of 4.5%. This indicates that home prices in Richmond, OH are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $165,000 | 4.5% |
| Single Family | $165,000 | 5.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $123,000 | 3.4% |
3 Bed | $189,000 | 4.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Richmond, OH
Richmond, OH lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $750 | $750 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $750 | $750 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Richmond, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Richmond, OH is 103. This is a increase of 95.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $302,000 | -3.0% |
Listing Count | 4 | 10.0% |
| Listings as % of Homes | 0.7% | 10.0% |
Days on Market | 103 | 95.0% |
Demographics — Richmond, OH
As of the latest ACS Survey released in 2023, Richmond, OH has a population of 2,560, which has increased by 15.4% over the past 5 years. Richmond, OH is a less popular place for families, as children make up 14.9% of the population. The area has a poorly educated workforce, with 11.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,560 | 15.4% |
% Under 18 | 14.9% | -23.2% |
% Seniors | 33.6% | 127.0% |
% WFH | 13.2% | 1,550.0% |
% w/ College Degree | 11.4% | -36.0% |
As of the latest ACS Survey released in 2023, Richmond, OH is a predominantly white area, with 96.6% of the population identifying as white. The white population has shrunk by 1.1% in the last 5 years. The second most common race or ethnicity in Richmond, OH is black, making up 1.4% of the population. Foreign-born residents account for 0.8% of the population in Richmond, OH, and this percentage has increased by 14.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.6% | -1.1% |
% Black | 1.4% | 27.3% |
% Hispanic | 0.9% | 350.0% |
% Asian | 0.5% | ∞% |
% Foreign Born | 0.8% | 14.3% |
Mortgage and Risk — Richmond, OH
Richmond, OH lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Richmond, OH
Richmond, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $820 |
| 2 Bedroom | $290 | $750 | $1,040 |
| 3 Bedroom | N/A | N/A | $1,380 |
| 4 Bedroom | N/A | N/A | $1,560 |
Affordability — Richmond, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $165,000 |
| Median Household Income | $69,200 |