Why Live in Richmond
Richmond, a rural town in Rhode Island, is characterized by dense woods and expansive fields, offering a secluded, country lifestyle. The area features a mix of bungalows and homes with clapboard siding, often bordered by picket fences or stone walls. Home styles range from ranch-style houses to farmhouses and colonial-style homes, with luxury properties available within The Preserve Sporting Club & Residencies, which spans 3,500 acres and offers amenities like hunting, fishing, and horseback riding. The Chariho Regional School District serves the area, with Richmond Elementary School and Chariho Middle School both receiving high ratings. Local features include Black Farm State Management Area, which offers scenic trails, fishing at Plain Pond, and birdwatching opportunities. Golf enthusiasts can enjoy five courses within the neighborhood, including Richmond Country Club and Pinecrest Golf Course. The Washington County Fair, held every August, celebrates the county’s rural heritage with country music, rides, and local vendors. For daily needs, residents can shop at Richmond Market or the nearby Stop & Shop. Richmond is approximately 20 minutes from the ocean and 30 miles from Providence, making it a convenient location for both rural living and access to city amenities.
Home Trends in Richmond, RI
On average, homes in Richmond, RI sell after 55 days on the market compared to the national average of 50 days. The median sale price for homes in Richmond, RI over the last 12 months is $445,000, down 6% from the median home sale price over the previous 12 months.
Median Sale Price
$445,000
Median Single Family Sale Price
$521,000
Median Townhouse Sale Price
$349,900
Median 2 Bedroom Sale Price
$427,450
Median 1 Bedroom Sale Price
$800,000
Average Price Per Sq Ft
$459
Number of Homes for Sale
23
Last 12 months Home Sales
37
Median List Price
$577,400
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-6%