Richwood, TX

Buyer's market-34.5% YoY

Housing market overview · Updated weekly

$248,750median sale price

Homes sold

2

Last 12 weeks

Days on market

221

Average pace

Active listings

16

8.0 months supply

Sale-to-list

100.5%

Above asking

The Richwood housing market is currently classified as a buyer's market with a median sale price of $248,750. Prices have fallen 34.5% compared to last year, with homes spending an average of 221 days on market, indicating 8.0 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 Richwood

There are currently 16 homes listed for sale in Richwood, Texas. The median listing price is $268K.

Active listings

16

Homes on market

Median list price

$268K

Avg. days on market

221

Days until sale

New this week

1

Newly listed

Price drops:37.5%of listings
Sale-to-list:100.5%

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Frequently asked questions

What is the average home price in Richwood?

The median home sale price in Richwood is $248,750, down 34.5% from last year.

How long do homes stay on market in Richwood?

Homes typically spend 221 days on market before going under contract.

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

With 8.0 months of supply, Richwood is currently a buyer's market.

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