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Featured local agent — Richlawn, KY
Sarah Mitchell
Compass Real Estate · Richlawn, KY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Richlawn, KY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$477,500median sale price
How is the Richlawn, KY housing market right now?
The median home sale price in Richlawn, KY is $477,500, down 15.6% year-over-year. Homes sell in an average of 19 days with 3 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 Richlawn a buyer's or seller's market?
Richlawn, KY is currently a balanced market, based on 3.0 months of supply and homes selling in about 19 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
19
Fast-moving
Active listings
3
3.0 months supply
Sale-to-list
98.5%
Below asking
What does the Richlawn housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $477,500 |
| Median list price | $420,000 |
| Year-over-year price change | -15.6% |
| Average days on market | 19 days |
| Active inventory | 3 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 98.5% |
| Median price per sq ft | $201/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 3 |
| Listings with a price cut | 33.3% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Richlawn by property type?
How the Richlawn, KY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $477,500 | $201/sq ft | 1 | 19 days |
Source: Redfin · Updated monthly
The Richlawn housing market is currently classified as a balanced market with a median sale price of $477,500. Prices have fallen 15.6% compared to last year, with homes spending an average of 19 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Richlawn
There are currently 3 homes listed for sale in Richlawn, Kentucky. The median listing price is $420K.
Active listings
3
Homes on market
Median list price
$420K
Avg. days on market
19
Days until sale
New this week
3
Newly listed
Who lives in Richlawn?
Population
331
Median income
$121,875/yr
Median age
38.8 years
Owner-occupied
87.6%
College grads
69.6%
Avg commute
20.2 min
Source: U.S. Census Bureau ACS
What is it like to live in Richlawn?
Richlawn is a community of approximately 0K residents with a median age of 38.8 years.The median household income is $121,875, which reflects a relatively affluent area with strong earning potential. 69.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 87.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 20.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Richlawn offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Richlawn, KY?
Want a head-to-head view? Compare Richlawn side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Richlawn?
The median home sale price in Richlawn is $477,500, down 15.6% from last year.
How long do homes stay on market in Richlawn?
Homes typically spend 19 days on market before going under contract.
What is the median income in Richlawn?
The median household income is $121,875 per year.
Is Richlawn a buyer's or seller's market?
With 3.0 months of supply, Richlawn is currently a balanced market.
How much does a single-family home cost in Richlawn?
The median single-family home price in Richlawn, KY is $477,500 (about $201 per square foot).
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