The Richmond housing market is most competitive. The median sale price of a home in Richmond was $605K last month, up 9.5% since last year. The median sale price per square foot in Richmond is $296, down 8.5% since last year.
What is the housing market like in Richmond today?
In March 2024, Richmond home prices were up 9.5% compared to last year, selling for a median price of $605K. On average, homes in Richmond sell after 13 days on the market compared to 21 days last year. There were 33 homes sold in March this year, up from 32 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$605,000
+9.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Richmond, OR
$605,000
+9.5%
United States
To compare other locations to the Richmond and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Portland add value to a home.
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How hot is the Richmond housing market?
Richmond is most competitive. Homes sell in 5 days.
0
100
93
Most Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 4% above list price and go pending in around 5 days.
Hot homes
can sell for about 4% above list price and go pending in around 4 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Richmond housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Richmond.
Risk Factor
Flood Factor - Moderate
18% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Richmond has a moderate risk of flooding. 323 properties in Richmond are likely to be
severely affected
by flooding over the next 30 years. This represents 18% of all properties in Richmond. Flood risk is increasing faster than the national average.