Housing Prices in Richmond, MO

How much do homes in Richmond, MO cost?

Median List Price

$198,950

$139/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$28,950(+17.0%)

Key Takeaway

The list price of homes in Richmond has increased by 17% since last year.

Summary: The median home list price in Richmond was $198,950 in November 2024, up 17% from the previous year, and the median price per square foot was $139.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $75K$115K
+53.3%
2 $128.9K$141K
+9.4%
3 $179.9K$209.9K
+16.7%
4 $261.9K$275K
+5.0%
5+ $432.4K$425K
-1.7%

Summary: Richmond housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53.3%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 1.7%.

Median List Price Compared To Nearby Cities

Richmond
+17.0%
Richmond Township
+10.6%

Housing Supply in Richmond, MO

How many homes are available in Richmond, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5453-1.9%

Summary: The Richmond real estate market had 53 homes for sale in November 2024, a 1.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 139
-30.8%
3 2530
+20.0%
4 1413
-7.1%
5+ 00
0.0%

Summary: The Richmond housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 30.8%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 7.1%, 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

Nov 2023Nov 2024CHANGE
118 Days75 Days-36.3%

Summary: Homes in Richmond had an average listing age of 75 days in Nov 2024, down by 36.3% 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?