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Featured local agent — Richmond Heights, MO
Sarah Mitchell
Compass Real Estate · Richmond Heights, MO
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Richmond Heights, MO Housing Market & Real Estate
Housing market overview · Updated monthly ·
$553,500median sale price
How is the Richmond Heights, MO housing market right now?
The median home sale price in Richmond Heights, MO is $553,500, up 34.6% year-over-year. Homes sell in an average of 36 days with 24 active listings. The market is currently a strong seller's 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 Heights a buyer's or seller's market?
Richmond Heights, MO is currently a strong seller's market, based on 1.5 months of supply and homes selling in about 36 days. How we determine this →
Homes sold
16
Last 12 weeks
Days on market
36
Average pace
Active listings
24
1.5 months supply
Sale-to-list
100.6%
Above asking
What does the Richmond Heights housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $553,500 |
| Median list price | $454,000 |
| Year-over-year price change | +34.6% |
| Average days on market | 36 days |
| Active inventory | 24 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 100.6% |
| Median price per sq ft | $252/sq ft |
| Homes sold (latest month) | 16 |
| New listings (latest month) | 20 |
| Listings with a price cut | 20.8% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Richmond Heights by property type?
How the Richmond Heights, MO market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $515,000 | $222/sq ft | 12 | 30 days |
| Condo / Co-op | $572,500 | $333/sq ft | 2 | 115 days |
| Townhouse | $569,691 | $258/sq ft | 4 | 55 days |
Source: Redfin · Updated monthly
The Richmond Heights housing market is currently classified as a strong seller's market with a median sale price of $553,500. Prices have risen 34.6% compared to last year, with homes spending an average of 36 days on market, indicating 1.5 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 4.5x provides context for how home values compare to local earning capacity.
Homes for sale in Richmond Heights
There are currently 24 homes listed for sale in Richmond Heights, Missouri. The median listing price is $454K.
Active listings
24
Homes on market
Median list price
$454K
Avg. days on market
36
Days until sale
New this week
20
Newly listed
Who lives in Richmond Heights?
Population
9,179
Median income
$90,670/yr
Median age
35.4 years
Owner-occupied
51.8%
College grads
76.0%
Avg commute
18.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Richmond Heights?
Zillow home value
$406,163
Zillow rent index
$1,702/mo
Price-to-rent ratio
19.9x
Price-to-income
4.5x
Source: Zillow Research
What is it like to live in Richmond Heights?
Richmond Heights is a community of approximately 9K residents with a median age of 35.4 years.The median household income is $90,670, which reflects a relatively affluent area with strong earning potential. 76.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 51.8%, showing a blend of owner and renter-occupied properties. The average commute time is 18.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Richmond Heights offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Richmond Heights?
1 schools tracked · 411 students
The largest public schools serving Richmond Heights, MO 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.
MRH ELEMENTARY
Grades 3-6 · 411 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 Heights, MO?
Want a head-to-head view? Compare Richmond Heights side-by-side with any other U.S. city using our market-comparison tool.
Is Richmond Heights a good real estate investment market?
For investors evaluating Richmond Heights, the price-to-rent ratio of 19.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 34.6% 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 Heights's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Richmond Heights's median home price.
Frequently asked questions
What is the average home price in Richmond Heights?
The median home sale price in Richmond Heights is $553,500, up 34.6% from last year.
How long do homes stay on market in Richmond Heights?
Homes typically spend 36 days on market before going under contract.
What is the median income in Richmond Heights?
The median household income is $90,670 per year.
Is Richmond Heights a buyer's or seller's market?
With 1.5 months of supply, Richmond Heights is currently a strong seller's market.
What is the Zillow home value estimate for Richmond Heights?
The Zillow Home Value Index (ZHVI) for Richmond Heights is $406,163, representing the typical home value in the area.
What is the median condo price in Richmond Heights?
The median condo/co-op sale price in Richmond Heights, MO is $572,500, compared to $515,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Richmond Heights?
The median single-family home price in Richmond Heights, MO is $515,000 (about $222 per square foot).
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