Home Values

Richmond Heights Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Richmond Heights is $144, which is higher than the St. Louis Metro average of $104. The median price of homes currently listed in Richmond Heights is $223,900 while the median price of homes that sold is $190,300.

Foreclosures will be a factor impacting home values in the next several years. In Richmond Heights 3.6 homes are foreclosed (per 10,000). This is lower than the national value of 4.2

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Richmond Heights is 1.8%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Richmond Heights homeowners underwater on their mortgage is 14.3%, which is lower than St. Louis Metro at 22.7%.

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Relative ZHVI
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Richmond Heights Market Overview

Data through Nov 30, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $223,900 Median listing price
  • $190,300 Median sale price (Sep 30, 2014)
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Richmond Heights Market Health

Data through Nov 30, 2014
  • No recent data
  • No data Average days on Zillow
  • 14.3% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 1.8% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

3.6 homes Richmond Heights
4.2 homes United States
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US Metro Areas

Name Median ZHVI
Los Angeles Metro $532,200
New York Metro $382,900
Washington Metro $361,500
Name Median ZHVI
Miami-Fort Lauderdale Metro $208,000
Philadelphia Metro $203,600
Chicago Metro $188,800
Name Median ZHVI
Atlanta Metro $154,000
Houston Metro $151,800
Dallas-Fort Worth Metro $150,900

Listings & Sales

Data through Nov 30, 2014
  • $144 Median list price / sq ft
  • $151 Median sale price / sq ft (Sep 30, 2014)
  • No data Listings with price cut
33.9%
Sold below listing
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Richmond Heights Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,351 Richmond Heights
    $1,129 St. Louis Metro
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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