Housing Prices in Richmond, MO

How much do homes in Richmond, MO cost?

Median List Price

$199,450

$139/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$29,450(+17.3%)

Key Takeaway

The list price of homes in Richmond has increased by 17.3% since last year.

Summary: The median home list price in Richmond was $199,450 in October 2024, up 17.3% from the previous year, and the median price per square foot was $139.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $75K$109.9K
+46.6%
2 $126.2K$142.9K
+13.3%
3 $177.4K$210K
+18.3%
4 $261.9K$275K
+5.0%
5+ $432.4K$425K
-1.7%

Summary: Richmond housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 46.6%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 18.3%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 1.7%.

Median List Price Compared To Nearby Cities

Richmond
+17.3%
Richmond Township
+14.2%

Housing Supply in Richmond, MO

How many homes are available in Richmond, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4955+12.2%

Summary: The Richmond real estate market had 55 homes for sale in October 2024, a 12.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 1213
+8.3%
3 2126
+23.8%
4 1314
+7.7%
5+ 20
-100.0%

Summary: The Richmond housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 23.8%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 100%.

Days on Market for Richmond, MO

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

Average Listing Age

Oct 2023Oct 2024CHANGE
113 Days66 Days-41.3%

Summary: Homes in Richmond had an average listing age of 66 days in Oct 2024, down by 41.3% compared to the previous year.

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

Report Updated 17 Days Ago

Newest Listings in Richmond, MO

Nearby Markets to Richmond, MO

What housing markets are near Richmond, MO?