Richmond, RI housing market
The typical Richmond home is worth about $528,000, up 2.8% in a year, close to the Rhode Island typical home. Homes typically sell in 40 days, a little above asking.
Home values, sales, trends and how Richmond compares with the towns next door — updated as new data is published.
Richmond at a glance
A seller's market
Supply is tight — about 2 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Richmond | Rhode Island |
|---|---|---|
| 2017 | $277,000 | $262,000 |
| 2018 | $299,000 | $281,000 |
| 2019 | $309,000 | $296,000 |
| 2020 | $316,000 | $308,000 |
| 2021 | $356,000 | $344,000 |
| 2022 | $407,000 | $390,000 |
| 2023 | $439,000 | $423,000 |
| 2024 | $472,000 | $456,000 |
| 2025 | $509,000 | $489,000 |
| 2026 | $522,000 | $502,000 |
| August 2026 | $528,000 | $511,000 |
Richmond and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Richmond | $528K | +2.8% | 40 | $124,653 |
| Hopkinton | $495K | +3.1% | — | $97,172 |
| Charlestown | $703K | +3.9% | 18 | $109,404 |
| South Kingstown | $726K | +6.5% | 27 | $108,960 |
| Hope Valley | — | — | — | $101,932 |
| Carolina | — | — | — | $140,196 |
| Wyoming | — | — | — | — |
4.2 years of income
The typical Richmond home costs about 4.2 years of the town's median household income, less than across Rhode Island (5.8 years).
How Richmond ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.