Is Richmond Hill, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Richmond Hill is a seller's market

Buyer's
Market

Difference Since April 2021

Since last year, Richmond Hill has remained a Seller's Market.

Key Takeaway

Richmond Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Richmond Hill, GA cost?

Median Sold Price

$275,000

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$25,040(+10.0%)

Key Takeaway

Homes in Richmond Hill have sold for 10% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 -$524.9K
N/A
2 $157K$206K
+31.2%
3 $199.9K$230K
+15.1%
4 $275K$310.5K
+12.9%
5+ $320K$378.4K
+18.3%

Median Sold Price Compared To Nearby Cities

Pooler-Bloomingdale
+12.9%
Savannah
+11.7%
Richmond Hill
+10.0%

How many homes are available in Richmond Hill, GA?

Number of Homes For Sale

Mar 2022Apr 2022%
116109-6.0%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 10
-100.0%
2 00
0.0%
3 4040
0.0%
4 5748
-15.8%
5+ 1821
+16.7%

Number of Homes Sold

Mar 2022Apr 2022%
3926-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Richmond Hill, you could pay more than the asking price. 84% of homes here sold above asking price last month.

Average Sale Time

Apr 2021Apr 2022%
4 Days83 Days+1830.8%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Richmond Hill are taking a long time to sell, it's a good idea to negotiate on homes here.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

New

321 Miner Dr, Richmond Hill, GA 31324

321 Miner Dr, Richmond Hill, GA 31324

$272,000
1,705 SqFt
3 Bedrooms
~$1,200/mo.*2 Full Baths
#269765Listing Office:
eXp Realty, LLCMLS logo

New

10 Valley Oak Dr, Richmond Hill, GA 31324

10 Valley Oak Dr, Richmond Hill, GA 31324

$275,000
1,400 SqFt
3 Bedrooms
~$1,250/mo.*2 Full Baths
#268947Listing Office:
eXp Realty, LLCMLS logo

New

240 Willow Oak Dr, Richmond Hill, GA 31324

240 Willow Oak Dr, Richmond Hill, GA 31324

$279,900
2,046 SqFt
4 Bedrooms
~$1,250/mo.*2 Full Baths
#268988Listing Office:
eXp Realty, LLCMLS logo

New

79 Golden Grove Ln, Richmond Hill, GA 31324

79 Golden Grove Ln, Richmond Hill, GA 31324

$295,000
2,034 SqFt
4 Bedrooms
~$1,300/mo.*2 Full Baths
#269615Listing Office:
Keller Williams RealtyMLS logo

New

2905 River Oaks Dr, Richmond Hill, GA 31324

2905 River Oaks Dr, Richmond Hill, GA 31324

$499,900
1,725 SqFt
3 Bedrooms
~$2,250/mo.*2 Full Baths
#269283Listing Office:
McIntosh Realty Team LLCMLS logo

New

280 Summer Hill Way, Richmond Hill, GA 31324

280 Summer Hill Way, Richmond Hill, GA 31324

$330,000
1,897 SqFt
4 Bedrooms
~$1,500/mo.*2 Full Baths, 1 Partial
#269551Listing Office:
Keller Williams RealtyMLS logo

New

146 Vining Way, Richmond Hill, GA 31324

146 Vining Way, Richmond Hill, GA 31324

$349,000
1,901 SqFt
4 Bedrooms
~$1,550/mo.*2 Full Baths, 1 Partial
#269563Listing Office:
Eighteen O'Two Realty LLCMLS logo

New

211 Travelers Way, Richmond Hill, GA 31324

211 Travelers Way, Richmond Hill, GA 31324

$1,825,000
4,008 SqFt
4 Bedrooms
~$8,200/mo.*4 Full Baths, 2 Partial
#268062Listing Office:
Keller Williams Realty Coastal Area Partners,LLCMLS logo

New

393 Osprey Dr, Richmond Hill, GA 31324

393 Osprey Dr, Richmond Hill, GA 31324

$250,000
1,215 SqFt
3 Bedrooms
~$1,100/mo.*2 Full Baths
#20043869Listing Office:
Re/Max AccentMLS logo

New

Backup Offers

140 Blue Oak Dr, Richmond Hill, GA 31324

140 Blue Oak Dr, Richmond Hill, GA 31324

$265,000
1,548 SqFt
4 Bedrooms
~$1,200/mo.*2 Full Baths
#269255Listing Office:
McIntosh Realty Team LLCMLS logo

New

Backup Offers

64 Whippoorwill Ln, Richmond Hill, GA 31324

64 Whippoorwill Ln, Richmond Hill, GA 31324

$250,000
1,458 SqFt
3 Bedrooms
~$1,100/mo.*2 Full Baths
#269216Listing Office:
Signature Properties SavannahMLS logo

Backup Offers

291 Osprey Dr, Richmond Hill, GA 31324

291 Osprey Dr, Richmond Hill, GA 31324

$221,900
1,251 SqFt
3 Bedrooms
~$1,000/mo.*2 Full Baths
#269308Listing Office:
Re/Max SavannahMLS logo

About Richmond Hill, GA

There are 109 homes are for sale in Richmond Hill, GA real estate market. The number of homes for sale in Richmond Hill, GA decreased by 6% between March 2022 and April 2022. In April 2022 median list price was $275,000 and the average listing age was 83 days. Listing prices have changed in this real estate market between March 2022 and April 2022: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 31.2%, prices of 3 bedrooms properties went up by 15.1%, the cost of 4 bedrooms properties went up by 12.9%, prices of 5 bedrooms properties went up by 18.3%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory decreased by 100%, 2 bedrooms homes did not move, the quantity of 3 bedrooms homes have not changed, 4 bedrooms homes became 15.8% less available, the quantity of 5 bedrooms homes went up by 16.7%. While more than 21 listings in Richmond Hill, GA in April 2022 were sold above asking price, there were more than 2 listings sold at asking price, and more than 2 were sold below.

MLS Disclaimers and Copyright

Based on information from Savannah Multi-List Corporation, Georgia MLS, and First Multiple Listing Service Inc. for the period 05/01/2020 - 05/01/2022

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Real estate listings held by brokerage firms other than this broker are marked with the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. All properties are subject to prior sale, change or withdrawal and some properties which appear for sale on this web site may subsequently have sold and may no longer be available.. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Copyright 2022 Savannah Multi-List Corporation. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2022, 9:20:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Based on information from the Georgia MLS © 2022.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2022, 9:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2022 First Multiple Listing Service, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2022, 9:20:40 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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