Richmond, OH housing market
Home prices around Richmond have risen about 55% over the past 5 years.
Home values, sales, trends and how Richmond compares with the towns next door — updated as new data is published.
Home prices up 55% in 5 years
The federal house price index for the ZIP codes around Richmond rose 55% over the past 5 years, about the same as across Ohio. Last year prices fell 9.2%.
Show as a table
| Year | Change that year | Since 2000 | Ohio since 2000 |
|---|---|---|---|
| 2025 | −9.2% | +101% | +106% |
| 2024 | +43% | +121% | +97% |
| 2023 | −8.1% | +54% | +84% |
| 2022 | +37% | +68% | +70% |
| 2021 | −5.2% | +23% | +50% |
| 2020 | +0.2% | +30% | +35% |
| 2019 | +11% | +29% | +29% |
| 2018 | +11% | +16% | +23% |
| 2017 | +12% | +4.9% | +16% |
| 2016 | −10% | −6% | +11% |
| 2015 | +3% | +4.8% | +6.7% |
| 2014 | −2.1% | +1.7% | +3.1% |
| 2013 | +11% | +3.9% | −0.2% |
| 2012 | −11% | −6.4% | −0.4% |
| 2011 | +5.5% | +5.4% | +1.3% |
| 2010 | −0.6% | −0.1% | +5.1% |
| 2009 | −10% | +0.6% | +8.9% |
| 2008 | +7.5% | +12% | +12% |
| 2007 | −11% | +4.1% | +15% |
| 2006 | +0.7% | +17% | +17% |
| 2005 | +5.6% | +16% | +16% |
| 2004 | +0.9% | +10% | +12% |
| 2003 | +1.4% | +9.2% | +8.5% |
| 2002 | +2.2% | +7.8% | +6.7% |
| 2001 | +5.4% | +5.4% | +4.3% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 44003, 44032, 44082, covering 77% of Richmond’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Richmond and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Richmond | — | −9.2%† | $1,090 | $56,016 |
| Dorset | $191K | +10.4% | $1,130 | $78,684 |
| Andover | $70K | −8.2% | $1,090 | $57,406 |
| Pierpont | $208K | +10.4% | $1,020 | $52,143 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,090
HUD's Fair Market Rent for a two-bedroom in Richmond is $1,090 a month, utilities included: roughly what a modest, recently rented unit costs. A two-bedroom takes about 23% of the town's median household income.
Studio $750 · 4 bedrooms $1,500
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (44003, 44032, 44082; Ashtabula County, OH HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.