How much does it cost to buy a house in Richmond, MA?

In May 2026 Richmond homes were listed to buy for a median price of $685K, which is a 31% decrease to April 2025 last month, and a 31% decrease to May 2025 last year. The median value of a home listed to buy in Richmond in May 2026 was $296 per sqft, which is a 9% decrease to April 2025 last month, and a 9% decrease to May 2025 last year.

Is it affordable or expensive to live in Richmond, MA?

It is expensive to live in Richmond. Buying a home in Richmond is 2% more expensive compared with the national average.

Is it a good time to buy property in Richmond, MA?

Yes now is a good time to buy property in Richmond, in May 2026, homes in Richmond have decreased in value (price per sqft) by 9% in the last year compared with May 2025.

Is the Richmond, MA housing market slowing down?

The housing market in Richmond is slowing down. In May 2026, homes to buy in Richmond spent an median 27 days on the market, a 20% decrease from May 2025 last year.

What are the best and safest places to live in Richmond, MA?

The best and safest neighborhoods to live in Richmond in May 2026 are Downtown Albany, Center Square, Park South, Capitol Hill, Ten Broeck Triangle, Manning Boulevard, Washington Park, Helderberg, Pine Hills, Beverwyck, Campus Area, Mansion Area, Delaware Avenue, Central Avenue, South End, Arbor Hill, Sheridan Hollow, West Hill, Second Avenue

How much money should I make to buy a house in Richmond, MA?

In May 2026, Richmond homes were listed to buy for a median price of $685K, with 25% down you would need $3.9K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $133K.

Is it a good time to sell my house in Richmond, MA?

Yes now is a good time to sell your house in Richmond, in May 2026, homes in Richmond have decreased in value (price per sqft) by 9% in the last year compared with May 2025.