Compare: Richmond vs Fairhill
Home Values in Richmond and Fairhill
|Zillow Home Value IndexWhat's this?||$76,600||vs||$41,500|
|Median List Price||$84,000||vs||$45,000|
|Median Sale Price||$75,000||vs||$16,000|
|Total Homes Sold in Oct||60 homes||vs||22 homes|
Richmond, Philadelphia tends to be more expensive for home buyers than Fairhill, Philadelphia. During the last year, Richmond home values have risen by 1.1%, while Fairhill home values have risen by 11.3%. The median sale price in Richmond is $75,000, but the median listing price was $84,000, a 10.7% discount. Meanwhile in Fairhill, the median selling price is $16,000, and the starting price had a median of $45,000, a 64.4% discount. In October, Richmond home sellers managed to move 60 houses, while Fairhill saw 22 transactions.
Demographics in Richmond and Fairhill
|Median Household Income||$26,278||vs||$14,310|
|Homes with Kids||28.4%||vs||34.4%|
|Average Household Size||2.6||vs||3.3|
|Average Commute Time (Minutes)||31||vs||34|
At $14,310, the median income in Fairhill is $11,968 less than in Richmond, and $30,202 lower than the national average. Richmond has an older median age, at 35, compared to 28 in Fairhill, and a shorter average commute. The average commute in Fairhill is 34 minutes and the average commute in Richmond is 31 minutes.