Richmond, NY Housing Market & Real Estate

Seller's market-45.3% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Richmond, NY is $160,000, down 45.3% year-over-year. Homes sell in an average of 29 days with 1 active listings. The market is currently a seller's market.

$160,000median sale price

Homes sold

1

Last 12 weeks

Days on market

29

Average pace

Active listings

1

1.0 months supply

Sale-to-list

91.4%

Below asking

Richmond, NY market data

Current housing market statistics for Richmond, NY
MetricValue
Median sale price$160,000
Median list price$329,950
Year-over-year price change-45.3%
Average days on market29 days
Active inventory1 listings
Months of supply1.0 months
Sale-to-list price ratio91.4%
Market conditionSeller's market

Source: Redfin · Updated weekly

The Richmond housing market is currently classified as a seller's market with a median sale price of $160,000. Prices have fallen 45.3% compared to last year, with homes spending an average of 29 days on market, indicating 1.0 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 1 homes listed for sale in Richmond, New York. The median listing price is $330K.

Active listings

1

Homes on market

Median list price

$330K

Avg. days on market

29

Days until sale

New this week

4

Newly listed

Price drops:100.0%of listings
Sale-to-list:91.4%

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Frequently asked questions

What is the average home price in Richmond?

The median home sale price in Richmond is $160,000, down 45.3% from last year.

How long do homes stay on market in Richmond?

Homes typically spend 29 days on market before going under contract.

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

With 1.0 months of supply, Richmond is currently a seller's market.

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