Richmond

This small Jefferson County community offers affordable homeownership opportunities with a median home price of $110,650 and homes averaging 2,253 square feet at $81 per square foot. With just 534 residents, the housing market remains limited, currently showing 8 active listings. The homeownership rate of 73.4% reflects the area's stability, supported by a median household income of $61,250. Families considering the area will find their children served by Edison Local School District. The low inventory suggests either strong demand relative to supply or limited turnover in this established residential community. Property values remain accessible compared to regional standards, making it an option for buyers seeking more space for their investment. The combination of larger average home sizes and lower per-square-foot costs indicates buyers can secure substantial living space at reasonable prices. Market activity appears constrained by the community's small size rather than lack of interest, with the high owner-occupancy rate suggesting residents tend to stay long-term once established in the area.

Market description generated from current MLS and U.S. Census data.