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Featured local agent — Richmond Hill, GA
Sarah Mitchell
Compass Real Estate · Richmond Hill, GA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Richmond Hill, GA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$410,000median sale price
How is the Richmond Hill, GA housing market right now?
The median home sale price in Richmond Hill, GA is $410,000, up 2.4% year-over-year. Homes sell in an average of 60 days with 142 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Richmond Hill a buyer's or seller's market?
Richmond Hill, GA is currently a balanced market, based on 3.3 months of supply and homes selling in about 60 days. How we determine this →
Homes sold
43
Last 12 weeks
Days on market
60
Average pace
Active listings
142
3.3 months supply
Sale-to-list
99.2%
Below asking
What does the Richmond Hill housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $410,000 |
| Median list price | $419,000 |
| Year-over-year price change | +2.4% |
| Average days on market | 60 days |
| Active inventory | 142 listings |
| Months of supply | 3.3 months |
| Sale-to-list price ratio | 99.2% |
| Median price per sq ft | $182/sq ft |
| Homes sold (latest month) | 43 |
| New listings (latest month) | 33 |
| Listings with a price cut | 21.8% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Richmond Hill by property type?
How the Richmond Hill, GA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $420,000 | $183/sq ft | 39 | 64 days |
| Condo / Co-op | $479,000 | $237/sq ft | 1 | 57 days |
| Townhouse | $273,750 | $176/sq ft | 4 | 48 days |
Source: Redfin · Updated monthly
The Richmond Hill housing market is currently classified as a balanced market with a median sale price of $410,000. Prices have risen 2.4% compared to last year, with homes spending an average of 60 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.7x provides context for how home values compare to local earning capacity.
Homes for sale in Richmond Hill
There are currently 142 homes listed for sale in Richmond Hill, Georgia. The median listing price is $419K.
Active listings
142
Homes on market
Median list price
$419K
Avg. days on market
60
Days until sale
New this week
33
Newly listed
Who lives in Richmond Hill?
Population
17,408
Median income
$89,910/yr
Median age
30.8 years
Owner-occupied
60.1%
College grads
35.9%
Avg commute
30.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Richmond Hill?
Zillow home value
$424,122
Zillow rent index
$2,292/mo
Price-to-rent ratio
15.4x
Price-to-income
4.7x
Source: Zillow Research
What is it like to live in Richmond Hill?
Richmond Hill is a community of approximately 17K residents with a median age of 30.8 years.The median household income is $89,910, which reflects a relatively affluent area with strong earning potential. 35.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 60.1%, showing a blend of owner and renter-occupied properties. The average commute time is 30.9 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Richmond Hill offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Richmond Hill?
7 schools tracked · 8,516 students
The largest public schools serving Richmond Hill, GA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Richmond Hill High School
Grades 9-12 · 2,650 students
Richmond Hill Middle School
Grades 6-8 · 1,922 students
McAllister Elementary School
Grades PK-5 · 983 students
Frances Meeks Elementary School
Grades PK-5 · 864 students
Richmond Hill Primary School
Grades PK-1 · 748 students
Dr. George Washington Carver Elementary School
Grades 4-5 · 679 students
Richmond Hill Elementary School
Grades 2-3 · 670 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Richmond Hill, GA?
Want a head-to-head view? Compare Richmond Hill side-by-side with any other U.S. city using our market-comparison tool.
Is Richmond Hill a good real estate investment market?
For investors evaluating Richmond Hill, the price-to-rent ratio of 15.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 2.4% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Richmond Hill's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Richmond Hill's median home price.
Frequently asked questions
What is the average home price in Richmond Hill?
The median home sale price in Richmond Hill is $410,000, up 2.4% from last year.
How long do homes stay on market in Richmond Hill?
Homes typically spend 60 days on market before going under contract.
What is the median income in Richmond Hill?
The median household income is $89,910 per year.
Is Richmond Hill a buyer's or seller's market?
With 3.3 months of supply, Richmond Hill is currently a balanced market.
What is the Zillow home value estimate for Richmond Hill?
The Zillow Home Value Index (ZHVI) for Richmond Hill is $424,122, representing the typical home value in the area.
What is the median condo price in Richmond Hill?
The median condo/co-op sale price in Richmond Hill, GA is $479,000, compared to $420,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Richmond Hill?
The median single-family home price in Richmond Hill, GA is $420,000 (about $183 per square foot).
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