Richmond RI Multi Family for Sale

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Richmond Real Estate

The median home value in Richmond, RI is $460,000. This is lower than the county median home value of $542,000. The national median home value is $338,100. The average price of homes sold in Richmond, RI is $460,000. Approximately 86.75% of Richmond homes are owned, compared to 3.86% rented, while 9.39% are vacant. Richmond real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Richmond real estate agent to arrange a tour today!

Richmond, Rhode Island has a population of 8,064. Richmond is more family-centric than the surrounding county with 29.77% of the households containing married families with children. The county average for households married with children is 25.16%.

The median household income in Richmond, Rhode Island is $100,493. The median household income for the surrounding county is $92,001 compared to the national median of $69,021. The median age of people living in Richmond is 43.9 years.

Richmond Weather

The average high temperature in July is 80.7 degrees, with an average low temperature in January of 18.9 degrees. The average rainfall is approximately 51.7 inches per year, with 30.1 inches of snow per year.

Richmond Real Estate Market Conditions

  • Median sales price

    $460,000
    16% change since last quarter
  • # Active listings

    19
    30-day change

Richmond Schools and Demographics

Education near Richmond, RI

Metric City County
High School Graduates 96.82 94.47
College Degree - 2 year 14.32 8.87
College Degree - 4 year 39.28 46.09
Graduate Degree 14.68 14.52
Expenditures per Student 21,709 21,709
Students per Teacher 12.1 12.1

Elementary Schools near Richmond, RI

School Grades Students P/T Ratio ZIP
Hope Valley Elementary School PK - 04 233 16 02832
Richmond Elementary School PK - 04 439 15.2 02898
West Kingston School KG - 04 278 10.6 02892

Middle Schools near Richmond, RI

School Grades Students P/T Ratio ZIP
Chariho Regional Middle School 05 - 08 988 15.2 02894

High Schools near Richmond, RI

School Grades Students P/T Ratio ZIP
Chariho High School 09 - 12 1,137 15 02894

Ungraded Schools near Richmond, RI

School Grades Students P/T Ratio ZIP
Chariho Career and Tech Center UG - UG 0 0 02894
The R.Y.S.E School 04 - 12 39 4.8 02894

Demographics near Richmond, RI

Metric City County
Neighborhood Type
Population 8,064 129,735
Population Density 200 394
Median Age 43.9 44.8
People per Household 2.7 2.4
Median Household Income 100,493 92,001
Average Income per Capita 44,904 45,956