Richmond, KY

Buyer's market+12.0% YoY

Housing market overview · Updated weekly

$292,450median sale price

Homes sold

20

Last 12 weeks

Days on market

88

Average pace

Active listings

121

6.1 months supply

Sale-to-list

98.3%

Below asking

The Richmond housing market is currently classified as a buyer's market with a median sale price of $292,450. Prices have risen 12.0% compared to last year, with homes spending an average of 88 days on market, indicating 6.1 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Richmond

There are currently 121 homes listed for sale in Richmond, Kentucky. The median listing price is $316K. Featured listings range from $77,500 to $569,900.

land for sale at 6095 Preakness Pl Lot 61 Richmond 40475 - $77,500
New listing
2
$77,500

6095 Preakness Pl Lot 61

Richmond, KY 40475

Land1.41 acres

Judd Hisel · ERA Select Real Estate

More about this property
3 bedroom house for sale at 824 Aster Ct Richmond 40475 - $259,000
New listing
32
$259,000

824 Aster Ct

Richmond, KY 40475

3 bd2 ba1,400 sqft
House10,942 sqft lot
Est. $282KSold 2018 for $154K

Shelley Paterson · In House Real Estate

More about this property
3 bedroom house for sale at 106 Keystone Dr Richmond 40475 - $269,900
New listing
30
$269,900

106 Keystone Dr

Richmond, KY 40475

3 bd2 ba1,505 sqft
House9,718 sqft lot
Est. $250K

Amanda Marcum · Berkshire Hathaway HomeServices Foster Realtors

More about this property
3 bedroom house for sale at 54 Heron Landing Rd Richmond 40475 - $285,000
New listing
58
$285,000

54 Heron Landing Rd

Richmond, KY 40475

3 bd2 ba1,368 sqft
House1.33 acres
Est. $226K

Tina Neal · RE/MAX Elite Realty

More about this property
2 bedroom condo for sale at 913 Paddock Ct Richmond 40475 - $325,000
New listing
29
$325,000

913 Paddock Ct

Richmond, KY 40475

2 bd2 ba1,659 sqft
Condo
Est. $336K

S Paige Luxon · Keller Williams Legacy Group

More about this property
3 bedroom house for sale at 603 Comanche Trl Richmond 40475 - $336,900
New listingNew build
32
$336,900

603 Comanche Trl

Richmond, KY 40475

3 bd2 ba1,548 sqft
House11,326 sqft lot

Brittany Cannon · Bluegrass Properties Group

More about this property
3 bedroom house for sale at 105 Choctaw Trl Richmond 40475 - $336,900
New listingNew build
2
$336,900

105 Choctaw Trl

Richmond, KY 40475

3 bd2 ba1,548 sqft
House12,197 sqft lot

Brittany Cannon · Bluegrass Properties Group

More about this property
4 bedroom house for sale at 4005 Stagecoach Dr Richmond 40475 - $342,065
New listingNew build
27
$342,065

4005 Stagecoach Dr

Richmond, KY 40475

4 bd2 ba1,771 sqft
House
More about this property
4 bedroom house for sale at 2032 Coachman Dr Richmond 40475 - $382,970
New listingNew build
28
$382,970

2032 Coachman Dr

Richmond, KY 40475

4 bd3 ba2,346 sqft
House
More about this property
4 bedroom house for sale at 1969 Red House Rd Richmond 40475 - $439,995
75
$439,995

1969 Red House Rd

Richmond, KY 40475

4 bd3 ba4,121 sqft
House3.28 acres
Est. $259K

David Keene · United Real Estate Bluegrass

More about this property
4 bedroom house for sale at 100 Seven Oaks Dr Richmond 40475 - $549,900
New listingNew build
61
$549,900

100 Seven Oaks Dr

Richmond, KY 40475

4 bd4 ba2,521 sqft
House1.03 acres
Est. $552K

Benjamin Lawwill · Keller Williams Legacy Group

More about this property
3 bedroom house for sale at 208 Carhartt Dr Richmond 40475 - $569,900
New listingNew build
4
$569,900

208 Carhartt Dr

Richmond, KY 40475

3 bd2 ba2,074 sqft
House1.00 acres

Brittany Cannon · Bluegrass Properties Group

More about this property

Looking to buy in Richmond?

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Active listings

121

Homes on market

Median list price

$316K

Avg. days on market

88

Days until sale

New this week

40

Newly listed

Price drops:14.9%of listings
Sale-to-list:98.3%

Explore nearby cities in KY

Frequently asked questions

What is the average home price in Richmond?

The median home sale price in Richmond is $292,450, up 12.0% from last year.

How long do homes stay on market in Richmond?

Homes typically spend 88 days on market before going under contract.

Is Richmond a buyer's or seller's market?

With 6.1 months of supply, Richmond is currently a buyer's market.

How many homes are for sale in Richmond?

There are currently 121 homes listed for sale in Richmond, KY.

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