There are currently 90 real estate properties in Richey, MT, with a median automated valuation model (AVM) price of $282,758.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Richey, MT, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Richey, MT, is $407,602.00, with the most expensive house in Richey, MT, topping out at $1,675,000.00 and the cheapest home in Richey, MT, clocking in at $31,226.00. In other words, there’s something for every potential homebuyer or savvy investor in Richey, MT!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Richey, MT, is on a rollercoaster ride. The average rent price in Richey, MT, is $1,164.00. Indeed, when looking to rent in Richey, MT, you can expect to pay as little as $710.00 or as much as $1,880.00, with the average rent median estimated to be $1,160.00. The good news is that finding an affordable and desirable property to rent in Richey, MT -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Richey is located in Dawson, Montana, with an estimated municipal population of 171 residents. All of the best foreclosed homes for sale in Richey are located in the following zip code areas on Foreclosure.com: 59259. The estimated population per square kilometer (.62 miles) in Richey is 256.
So, about how much do homes cost in Richey? The most recent median value of resident-owned homes in Richey is 73,477. An estimated 78.1 percent of households in Richey own their homes, with an average family size of 2.85. The median household income in Richey is 60,000, with12.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Richey, the median commute time of resident workers (in minutes) is 20.1. And last, but certainly not least, are you looking for homes to rent in Richey? If so, the average rent price paid by renters in Richey is 340, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Richey, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Richey is 45, split between 49.5 percent male versus 50.5 female. The percentage of residents who report being married in Richey is 51.6, with an average family size of 2.85.
The percentage of residents who report their race in Richey is as follows:
| White | 90.9% |
| Black / African American | 0% |
| Asian | 1.6% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 3.2% |
| Other | 4.3% |
Looking for family-friendly neighborhoods in and/or near Richey? Or maybe you are searching for 55+ active adult communities in and/or near Richey?
The percentage of residents who report their age in Richey is as follows:
| Under 10 | 10.2% |
| Aged 10-19 | 11.8% |
| 20s | 11.3% |
| 30s | 10.3% |
| 40s | 19.9% |
| 50s | 11.3% |
| 60s | 10.2% |
| 70s | 7.6% |
| 80+ | 7.6% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Richey with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Richey.
How do you know that living in -- or moving to -- Richey is right where you need to be? Perhaps you grew up in Richey or already live nearby; therefore, the decision to buy a home in Richey is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Richey for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Richey:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Richey.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Richey can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Richey, meanwhile, can field multiple offers from more qualified buyers.
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