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Richmond, KY Housing Market Overview

Richmond is a balanced market, giving buyers and sellers room to negotiate. With 4.1 months of supply and homes averaging 55 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

55

Inventory

124

Sep 2021Mar 2024Mar 2026

Median Home Price

$278,450Down 0.03%

In Mar 2026 · YoY

Sep 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
124 Down 0.13%
Newly Listed Homes
50 Down 0.21%
Months of Supply
4.1 Down 1.60%

Housing Demand

Homes Sold
30 Down 0.00%
Sale-to-List Ratio
98.4% Up 0.08%
Homes Sold Above List
13.3% Down 10.67%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

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  • mls-imgIDX Logo
    Based on information from the IMAGINE MLS® through Oct 9, 2026, 2:30 PM. Copyrighted by the Imagine MLS®. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data on this website is deemed reliable but is not guaranteed accurate by the MLS. © 2026 IMAGINE MLS®. All Rights Reserved.
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Richmond, KY Housing Marketlink qauare
Homes Available icon

40

Homes Available

Median List Price icon

$ 278,450

Median List Price

Avg on Market icon

55 Days

Avg on Market

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