Richwood, TX
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
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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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