Similar to other places in this area, it is a lot less expensive compared to the US as a whole. It's a lot less expensive compared to the city of Albany.
Home prices
Richmondville's median home value is $117,200. Compared to nearby areas it is approximately $4,360 (3%) higher.It is roughly $100,300 (46%) lower compared to the United States as a whole, and it is roughly $61,900 (34%) lower in comparison to the city of Albany.
Rents
Richmondville's median rent is $711 a month. It is about $60 (7%) lower in comparison to the surrounding areas.It is roughly $351 (33%) lower compared to the country as a whole, and it is approximately $258 (26%) lower in comparison to the city of Albany.
Nearby places
Cobleskill
Cobleskill is approximately 4 miles northeast of Richmondville. Its real estate prices are a bit more expensive. The median home in Cobleskill costs $132,500, which is $15,300 (11%) higher than Richmondville. Rent there is somewhat more expensive. The median rent in Cobleskill is $784 per month, which works out to $73 (9%) higher than Richmondville.
Worcester
Worcester is roughly 8 miles west from Richmondville. Housing prices there are somewhat less expensive. The median home in Worcester costs $107,100, which comes out to $10,100 (9%) lower than Richmondville. Rent there is somewhat more expensive. In Worcester the median monthly rent is $892, which works out to $181 (20%) higher than Richmondville.
Middleburgh
Middleburgh is about 10 miles east from Richmondville. Its real estate prices are a bit more expensive. The median home in Middleburgh is valued at $138,800, which is $21,600 (15%) higher than Richmondville. Rent there is pretty similar. In Middleburgh the median monthly rent is $744, which is $33 (4%) higher than Richmondville.
Central Bridge
Central Bridge is approximately 10 miles northeast from Richmondville. The real estate prices there are substantially less expensive. Central Bridge's median home cost is $87,500, which works out to $29,700 (33%) lower than Richmondville. Rent there is fairly similar. In Central Bridge the median monthly rent is $690, which comes out to $21 (3%) lower than Richmondville.
Sharon Springs
Sharon Springs is roughly 10 miles north from Richmondville. Housing prices there are a bit less expensive. The median home in Sharon Springs is valued at $98,300, which comes out to $18,900 (19%) lower than Richmondville. The rent there is fairly similar. Sharon Springs's median rent is $746 per month, which works out to $35 (4%) higher than Richmondville.