| Metric | Latest | Detail |
|---|---|---|
| Median listing price | $332,450 | +0.2% YoY |
| Median price per sq ft | $182 | 1,826 sq ft median |
| Median days on market | 53 | +7% YoY |
| Active listings | 361 | +13% YoY |
| New listings this month | 176 | June 2026 |
| Listings with a price cut | 17% | Share of active |
| Median sale price (closed) | $292,400 | -2.8% YoY |
| Sale-to-list ratio | 98.2% | Closed sales |
Metropolitan market · Kentucky · June 2026 data
Richmond Real Estate Market
As of June 2026, the median home listed in Richmond, KY asks $332,450 — up 0.2% year over year. Homes sell in a median of 53 days, with 361 active listings and 17% carrying a price cut — a balanced market. Figures come from public records and industry data, updated monthly.
Median listing price
$332,450
▲ 0.2% YoY
Median $ / sq ft
$182
1,826 sq ft median
Median days on market
53
June 2026
Active listings
361
For sale now
New listings
176
June 2026
Listings with price cuts
17%
Share of active
Median sale price (closed)
$292,400
▼ 2.8% YoY · closed sales
Sale-to-list ratio
98.2%
Closed sales
Homes sold / month
126
Closed sales
Richmond housing market statistics
The table summarizes Richmond's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.
How have home prices changed in Richmond?
Richmond home prices are up 0.2% year over year and +0.8% month over month as of June 2026, at a $332,450 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.
Median listing price, Richmond KY · trailing 8 quarters · source: public records and industry data.
The 10-year view
10-year median listing price, Richmond KY · June of each year, 2017–2026 · source: public records and industry data.
How much inventory is on the market in Richmond?
Richmond has 361 active listings, 176 new this month, 229 pending as of June 2026. About 17% of active listings have cut their price, and inventory sits at 108% of its 2019 level — a balanced market by pace.
Is Richmond a good real estate investment?
Richmond scores 39/100 on WealthyBud's composite Investor Score, ranking #685 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.
Investor Score
39/100
#685 of 932 covered metros
Richmond scores 39/100 on our composite Investor Score (#685 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 108% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are up 0.2% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).
Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Richmond ranks on the trending markets index.
How much is a monthly mortgage payment in Richmond?
A home at Richmond's $332,450 median listing runs about $1,669 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.
If rates fall 1% · 5.43%
$1,498/mo
−$170/mo vs today
At today's rate · 6.43%
$1,669/mo
National weekly average
If rates rise 1% · 7.43%
$1,847/mo
+$178/mo vs today
Principal & interest on the $332,450 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.
What is driving the Richmond housing market?
Longer-run demand in Richmond shows up in 705 homes permitted in 2025; net migration of +1,428 residents. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.
Building permits (2025)
705
▲ 55.6% vs 2024
5.7 per 1,000 residents
Net migration (2022–2023)
+1,428
▲ people, via tax-return records
net income flow +$40.6M/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding
Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.
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ReadRichmond housing market FAQ
What is the median home price in Richmond?
As of June 2026, the median listing price in Richmond, KY is $332,450, up 0.2% year over year (source: public records and industry data). Figures cover the Richmond-Berea, KY metro area.
How much does it cost to buy a home in Richmond?
The median home listed in Richmond asks $332,450 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $1,669 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Richmond?
The median property in Richmond spends 53 days on the market, with 361 homes actively listed and 17% of them carrying a price cut — a balanced market by pace as of June 2026.
Is it a buyer's or seller's market in Richmond?
With a median 53 days on market and 17% of active listings carrying a price cut, Richmond reads as a balanced market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is Richmond a good place to invest in real estate?
Richmond scores 39/100 on WealthyBud's Investor Score, ranking #685 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Richmond?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Richmond and the wider Kentucky market, ranked by recent sales from public profile data.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Richmond-Berea, KY metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.
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