Richmond, KY Real Estate

According to census data in the year 2000 there were 11,840 housing units in Richmond. This represents a 50.5% growth from 7,869 in 1990.

Of those housing units, 11,676 were located in either urbanized areas or urban clusters, and 164 were located in what is classified as a rural area.

Homeownership rate in Richmond is about 35%. Richmond's vacancy rate, including seasonal lodging, is about 8.9%. Average household size is 2.13 people.

The majority of houses, apartments or condos in Richmond were built after 1981.


Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom16.70%
Two Bedrooms43.20%
Three Bedrooms29.80%
Four Bedrooms7.50%
Five Bedrooms or more1.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.45
Median year structure was built1974
Median Value of occupied units$89,800
Median Price asked for vacant units$90,800

Rented Homes, Apartments and Condos

Average Household Size1.96
Median year structure was built1984
Median Monthly Rent asked for vacant units$377

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage5.60%
Home Equity Loan6.50%
Simple Mortgage50.10%
Debt Free37.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.2%