Home prices
The cost of the median home in Richmond is $88,400. This is roughly $6,080 (7%) higher in comparison to nearby areas.Compared to the United States as a whole it is about $129,100 (59%) lower, and it is approximately $49,600 (35%) lower compared to the city of Cincinnati.
Rents
Richmond's median monthly rent is $679. It is roughly $106 (13%) lower in comparison to other places in this area.In comparison to the entire country it is approximately $383 (36%) lower, and in comparison to the city of Cincinnati it is approximately $59 (7%) lower.
Nearby places
Spring Grove
Spring Grove is Richmond's neighbor to the north. The housing prices there are somewhat more expensive. The median home in Spring Grove is valued at $107,400, which is $19,000 (17%) higher than Richmond. Rent there is somewhat more expensive. In Spring Grove the median monthly rent is $725, which works out to $46 (6%) higher than Richmond.
Centerville
Centerville is approximately 4 miles west of Richmond. Real estate prices there are similar. Centerville's median home cost is $88,300, which is very similar to Richmond. Rent there is a little more expensive. The median monthly rent in Centerville is $886, which comes out to $207 (23%) higher than Richmond.
New Paris
New Paris is approximately 4 miles east from Richmond. Its real estate prices are somewhat less expensive. The median home in New Paris is valued at $74,600, which works out to $13,800 (18%) lower than Richmond. Its rents are similar. In New Paris the median rent is $682 per month, which is very similar to Richmond.
Boston
Boston is approximately 6 miles south of Richmond. Its housing prices are somewhat less expensive. The price of the median home in Boston is $80,000, which works out to $8,400 (10%) lower than Richmond. The rent there is somewhat more expensive. Boston's median monthly rent is $958, which is $279 (29%) higher than Richmond.
Greens Fork
Greens Fork is approximately 7 miles northwest from Richmond. Its real estate prices are significantly less expensive. The median home in Greens Fork costs $61,300, which is $27,100 (44%) lower than Richmond. The rent there is fairly similar. The median monthly rent in Greens Fork is $675, which is very similar to Richmond.
