Housing Prices in Richmond, MO

How much do homes in Richmond, MO cost?

Median List Price

$179,900

$131/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$17,950(+11.1%)

Key Takeaway

The list price of homes in Richmond has increased by 11.1% since last year.

Summary: The median home list price in Richmond was $179,900 in March 2024, up 11.1% from the previous year, and the median price per square foot was $131.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $91.9K$89.9K
-2.1%
2 $121.9K$135K
+10.7%
3 $175K$179.9K
+2.8%
4 $190K$245.5K
+29.2%
5+ $320K$425K
+32.8%

Summary: Richmond housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.1%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 29.2%, and 5+ bedroom homes increased by 32.8%.

Median List Price Compared To Nearby Cities

Richmond
+11.1%
Richmond Township
+5.9%

Housing Supply in Richmond, MO

How many homes are available in Richmond, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4246+9.5%

Summary: The Richmond real estate market had 46 homes for sale in March 2024, a 9.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 711
+57.1%
3 2624
-7.7%
4 68
+33.3%
5+ 33
0.0%

Summary: The Richmond housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 57.1%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Days on Market for Richmond, MO

How long does it take to sell a home in Richmond, MO?

Average Listing Age

Mar 2023Mar 2024CHANGE
137 Days112 Days-18.2%

Summary: Homes in Richmond had an average listing age of 112 days in Mar 2024, down by 18.2% compared to the previous year.

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

Report Updated 24 Days Ago

Newest Listings in Richmond, MO

Nearby Markets to Richmond, MO

What housing markets are near Richmond, MO?