Richmond, ME

Leaning buyer's-7.1% YoY

Housing market overview · Updated weekly

$315,000median sale price

Homes sold

1

Last 12 weeks

Days on market

31

Average pace

Active listings

7

7.0 months supply

Sale-to-list

100.0%

Above asking

The Richmond housing market is currently classified as a leaning buyer's with a median sale price of $315,000. Prices have fallen 7.1% compared to last year, with homes spending an average of 31 days on market, indicating 7.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Richmond

There are currently 7 homes listed for sale in Richmond, Maine. The median listing price is $205K.

Active listings

7

Homes on market

Median list price

$205K

Avg. days on market

31

Days until sale

New this week

1

Newly listed

Price drops:14.3%of listings
Sale-to-list:100.0%

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Frequently asked questions

What is the average home price in Richmond?

The median home sale price in Richmond is $315,000, down 7.1% from last year.

How long do homes stay on market in Richmond?

Homes typically spend 31 days on market before going under contract.

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

With 7.0 months of supply, Richmond is currently a leaning buyer's.

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