Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 8,481 people, 4,009 houses or apartments, and a median cost of homes of $261,648, Richmond Heights real estate is some of the most expensive in Missouri, although Richmond Heights home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Richmond Heights, accounting for 60.05% of the city's housing units. Other types of housing that are prevalent in Richmond Heights include duplexes, homes converted to apartments or other small apartment buildings ( 23.84%), large apartment complexes or high rise apartments ( 13.71%), and a few row houses and other attached homes ( 2.26%).
People in Richmond Heights primarily live in small (one, two or no bedroom) single-family detached homes. Richmond Heights has a mixture of owner-occupied and renter-occupied housing.
The housing in Richmond Heights was primarily built before 1939 ( 46.42%), making the housing stock in Richmond Heights some of the oldest overall in America, although there is a range of ages of homes in Richmond Heights. The next most important housing age is between 1940-1969 ( 38.54%), followed by between 1970-1999 ( 7.75%). There's also some housing in Richmond Heights built between 2000 and later ( 7.29%).
Appreciation rates for homes in Richmond Heights have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 0.63%, which ranks in the top 50% nationwide. This equates to an annual average Richmond Heights house appreciation rate of 0.06%.
NeighborhoodScout's data show that during the latest twelve months, Richmond Heights's appreciation rate, at 4.36%, has been at or slightly above the national average. In the latest quarter, Richmond Heights's appreciation rate has been 1.03%, which annualizes to a rate of 4.19%.
Relative to Missouri, our data show that Richmond Heights's latest annual appreciation rate is higher than 70% of the other cities and towns in Missouri.
|$855,001 - $1,140,000||6.3|
|$570,001 - $855,000||5.4|
|$456,001 - $570,000||3.6|
|$342,001 - $456,000||12.6|
|$228,001 - $342,000||26.0|
|$114,001 - $228,000||32.0|
|$57,001 - $114,000||6.5|
|$0 - $57,000||2.3|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Richmond Heights HOMES|
|2000 or Newer||7.3|
|1970 - 1999||7.7|
|1940 - 1969||38.5|
|1939 or Older||46.4|
|TYPE OF Richmond Heights HOMES|
|Small Apt. Buildings||23.8|
|SIZE OF Richmond Heights HOMES|
|5 or more bedrooms||4.16|