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Richmond Real Estate

The median home value in Richmond, KY is $249,300. This is higher than the county median home value of $216,800. The national median home value is $338,100. The average price of homes sold in Richmond, KY is $249,300. Approximately 32.64% of Richmond homes are owned, compared to 57.01% rented, while 10.35% 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, Kentucky 40475 has a population of 34,662. Richmond 40475 is less family-centric than the surrounding county with 28.74% of the households containing married families with children. The county average for households married with children is 30.06%.

The median household income in Richmond, Kentucky 40475 is $40,221. The median household income for the surrounding county is $55,002 compared to the national median of $69,021. The median age of people living in Richmond 40475 is 26.3 years.

Richmond Weather

The average high temperature in July is 86.2 degrees, with an average low temperature in January of 24.1 degrees. The average rainfall is approximately 46.3 inches per year, with 7.5 inches of snow per year.

Richmond Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    350
    30-day change

Richmond Schools and Demographics

Education near Richmond, KY

Metric City County
High School Graduates 88.63 89.67
College Degree - 2 year 9.27 9.74
College Degree - 4 year 34.25 33.39
Graduate Degree 9.18 9.97
Expenditures per Student 10,810 10,810
Students per Teacher 15.3 15.3

Elementary Schools near Richmond, KY

School Grades Students P/T Ratio ZIP
Daniel Boone Elementary School 01 - 05 495 16.9 40475
Glenn R Marshall Elementary School 01 - 05 501 15 40475
Kingston Elementary School PK - 05 582 16 40403
Kirksville Elementary School 01 - 05 649 16.5 40475
Kit Carson Elementary School 01 - 05 568 17.7 40475
Madison County Kindergarten Academy KG - KG 473 16.6 40475
Model Laboratory Elementary School PK - 05 313 40475
Shannon Johnson Elementary School PK - 05 607 17.5 40403
Silver Creek Elementary School 01 - 05 484 15.3 40403
WACO Elementary School PK - 05 495 15.9 40385
White Hall Elementary School 01 - 05 670 17.6 40475

Middle Schools near Richmond, KY

School Grades Students P/T Ratio ZIP
B. Michael Caudill Middle School 06 - 08 652 16.5 40475
Clark Moores Middle School 06 - 08 506 16.6 40475
Farristown Middle School 06 - 08 454 16 40475
Foley Middle School 06 - 08 433 15.3 40403
Madison Middle School 06 - 08 442 16.2 40475
Mayfield Elementary School PK - 05 304 13.3 40078
Model Laboratory Middle School 06 - 08 179 40475

High Schools near Richmond, KY

School Grades Students P/T Ratio ZIP
Madison Central High School 09 - 12 1,845 18.3 40475
Madison Southern High School 09 - 12 1,198 17.6 40403
Model Laboratory High School 09 - 12 220 40475

Ungraded Schools near Richmond, KY

School Grades Students P/T Ratio ZIP
* Middle College At Eastern Kentucky 12 - 12 15 15 40475
Madison County Day Treatment 08 - 11 8 1 40475

Demographics near Richmond, KY 40475

Metric Zip Code City
Neighborhood Type Suburban
Population 34,662 92,194
Population Density 1,706 211
Median Age 26.3 34.3
People per Household 2.2 2.4
Median Household Income 40,221 55,002
Average Income per Capita 23,945 28,559