The story of this market
The typical home in Richmond, Rhode Island sells for about $736,950, or $400 per square foot.
Homes take about 74 days to sell, which is slow.
Monthly price momentum
Home values since 2015
+5.7%
RI · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Richmond, Rhode Island
Richmond is a rural, landlocked town in Washington County characterized by a tranquil lifestyle and significant acreage. Market data for the town is limited, with current listings showing a median list price of $736,950 and a median price per square foot of $400.08. The town's housing market is defined by its proximity to coastal areas like Charlestown, making it an attractive option for those seeking a quieter, adventurous lifestyle.
No ARED county foreclosure postings attributed to Richmond yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 2 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved down 5.2% year over year.
Homes spend a median of 45 days on market with 4.0 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.36% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A large state-managed area offering extensive trails and outdoor recreation opportunities.
A scenic river providing opportunities for fishing and paddling, contributing to the town's rural character.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Rhode Island) — Local Property Tax Assessment: Property is assessed at full and fair cash value. The tax is calculated by multiplying the assessed value by the local tax rate (mill rate). Municipalities may apply homestead exemptions or tax classifications (residential vs. commercial) as authorized by state law.
Data retrieved from Census Reporter profile for Richmond town, Washington County, RI.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.