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Housing in Richmond

20 homes sold in Richmond in the last year, at a typical $299K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Richmond homes are listed.

Homes sold
20
June 2025 to May 2026
Typical sale price
$299K
median, weighted by sales
Price per square foot
$199
Maine $260
Paid vs. asking
100.3%
55% sold over asking
For sale now
4
May 2026 · 1 sold that month
What sold · last 12 months

Houses are 95% of Richmond’s sales, at a typical $291K

20 homes sold in the year to May 2026.

Houses$291K

typical sale · 19 sold in 12 months

Per square foot
$202ME $253
Days to sell
63
Sold over asking
58%
Listings with a price cut
35%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $360K

Too few sales in 12 months for reliable figures.

8 years of sales

Fewer homes sell than before 2021, at 2.6 times the 2016 price

20 sales in the last year, against 37 in 2020 and a low of 26 in 2022. The typical sale went from $116K in 2016 to $299K.

Homes soldTypical sale price
012253750$175K$250K$325K$400K2016: 28 sold, typical $116K’162017: 28 sold, typical $116K2018: 27 sold, typical $163K’182019: 27 sold, typical $197K2020: 37 sold, typical $192K’202021: 29 sold, typical $244K2022: 26 sold, typical $233K’222024: 26 sold, typical $279KLast 12 months: 20 sold, typical $299KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $300K buys in Richmond

Houseat $202 a sq ft
The same money in Maineat $253 a sq ft

Is this asking price fair?

Check a listing against what Richmond homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

Rent or buy?

Owning the typical Richmond home costs about $1,883 a month

Mortgage
Property tax
Insurance
Rent

Price: Richmond’s typical sale, last 12 months. Property tax at Richmond’s 1.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Richmond is affordable on local pay is on Cost of living.

Before you buy in Richmond

Four things worth knowing

1.3%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $299K home, about $3,870 a year.

Taxes vs. neighbors
29 min

Typical commute

The average one-way trip to work for people who live in Richmond.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Gardiner sells for less a square foot; Topsham and Bath for far more

The busier markets within 25 miles of Richmond, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Bath137$375K$24933%48
Gardiner86$308K$18938%57
Topsham59$463K$27847%37
Lisbon Falls52$339K$20242%29
Hallowell45$468K$22436%82
Farmingdale23$326K$20530%49
Richmond20$299K$19955%63

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Richmond, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Richmond. People who follow the town see it, and so do people comparing Richmond with their own town. No commission, no listing fee.

Questions about buying a home in Richmond

What do homes sell for in Richmond, ME?

20 homes sold in the year to May 2026 at a typical $299K, $199 a square foot.

Is Richmond a buyer’s or seller’s market?

A balanced market: 4 homes were for sale in May 2026 and 1 sold, about 4 months of supply. Buyers paid 100.3% of asking on average, and 30% of listings cut their price.

How much are property taxes in Richmond?

About 1.3% of a home’s value a year. On a $299K home that’s near $3,870.

Where can I see homes for sale in Richmond?

Zillow, Redfin, Realtor.com and Homes.com all carry Richmond’s MLS listings; the search links above open each one filtered to Richmond.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).