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RI area data

Richmond, RI

Aggregated across 4 ZIP codes in Richmond.

Population: 14,157 (Census ACS)

The median home value in Richmond, RI is $536,373 — up 3.4% over the past year. Homes sell for a median $534,938 after a median 34 days on market. 3 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with coastalflooding, hurricane, icestorm the top-rated hazards. Cost of living is 1.0% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$536,373

Median home value

+3.4%

1-year change

34

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$536,373
1-year appreciation
+3.4%
3-year appreciation
+14.8%
5-year appreciation
+31.6%
10-year appreciation
+97.2%
All-time peak (2026-07)
$536,373
House Price Index (state)
428.0 (+4.1% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$534,938
Median list price
$624,050
Median price per sqft
$295
1-year sale-price change
+16.4%
Median days on market
34 days
Homes sold (recent period)
7
For-sale inventory
29
Sale-to-list ratio
101.0%
Active listings
5
1-year forecast
+2.6%
New listings (monthly)
15

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$1,207/mo
1BR fair-market rent
$1,509/mo
2BR fair-market rent
$1,921/mo
3BR fair-market rent
$2,498/mo
4BR fair-market rent
$2,882/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Average)
99.0 (100 = US avg)
Electricity rate (state-level)
29.5¢/kWh
Natural gas rate (state-level)
$21.70/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
3
Elementary schools
3
Middle schools
0
High schools
0
School districts serving the area
Chariho, South Kingstown
Schools include
Hope Valley Elementary School, West Kingston School, Richmond Elementary School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
coastalFlooding, hurricane, iceStorm, inlandFlooding, lightning
Notable hazard ratings (county)
coastalFlooding: Relatively Moderate · coldWave: Relatively Low · drought: Relatively Low · earthquake: Relatively Low · heatWave: Relatively Low · hurricane: Relatively Moderate
FEMA flood zone (varies by location)
includes X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 16% of US counties
Buildings in wildfire direct-exposure zone
46.5%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
1
Nearest Superfund site
West Kingston Town Dump/URI Disposal Area (3.1 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
53.0°F
Average high
61.0°F
Average low
45.0°F
Annual precipitation
51.7 in
Annual snowfall
15.0 in
USDA plant hardiness zone
6b (extreme annual low -5 to 0°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
40
Days with Good air quality
287
Days with Moderate air quality
58
Highest AQI recorded (year)
140

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
8.1 / 20
Transit service frequency
-74,914
Jobs reachable by car (30 min)
17,819
Jobs reachable by transit (45 min)
19,272

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
16
Nearest national park
Touro Synagogue National Historic Site (15 mi)
National parks include
Touro Synagogue National Historic Site, Roger Williams National Memorial, Blackstone River Valley National Historical Park
Airports within 30 mi
85
Nearest airport
Richmond Airport (1 mi)
Nearest major airport
Westerly State Airport (WST) (12 mi)
Hospitals nearby (~15 mi)
4
Hospitals include
NEWPORT HOSPITAL, SOUTH COUNTY HOSPITAL INC, KENT COUNTY MEMORIAL HOSPITAL
Avg hospital rating (CMS)
3.8 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-46 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,987
Housing built before 1970
23.5%
Housing built 2000 or later
25.4%
Median annual property tax
$6,198
Mean commute to work
27 min
Households with broadband internet
88.1%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
49,172
Average weekly wage
$1,122
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
222

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

RichmondState medianUS median
Median home value$536,373$517,445$289,727
Median sale price$534,938$551,000$325,000
Median days on market34 days34 days51 days
Median annual property tax$6,198$4,962$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Richmond, RI?
$536,373.
What is the median sale price in Richmond, RI?
$534,938.
How long do homes take to sell in Richmond, RI?
Median days on market: 34 days.
What is typical rent in Richmond, RI?
2-bedroom fair-market rent: $1,921/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Richmond, RI?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: coastalFlooding, hurricane, iceStorm, inlandFlooding, lightning.
Is Richmond, RI in a flood zone?
Minimal (FEMA NFIP). Parts of the area include FEMA flood zone X; zones vary by location within the city.
What is the wildfire risk in Richmond, RI?
Risk to homes is higher than 16% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Richmond, RI?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Richmond, RI?
1 current or proposed National Priorities List site within 5 miles (EPA). Nearest site: West Kingston Town Dump/URI Disposal Area, 3.1 mi.
How many schools serve Richmond, RI?
3 schools (3 elementary) (NCES, 2022-23).
Is Richmond, RI walkable?
Walkability index: 8.1/20 (EPA Smart Location Database).
What is the air quality in Richmond, RI?
Good. Median AQI: 40. (EPA AQI).
What is the cost of living in Richmond, RI?
Regional Price Parity: 99.0 (100 = US average) (Average) (BEA RPP, metro/state-level).

ZIP codes in Richmond

Selling a home in Richmond, RI?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents