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Richmond Market Report

$396,610

AVERAGE PRICE OF 228 HOMES

$309,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,634,800

AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

$409,795

AVERAGE PRICE OF 114 NEWLY BUILT HOMES

$544,530

AVERAGE PRICE OF 10 HOMES WITH A POOL

$338,075

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $396,610
Avg Bedrooms 3.57 beds
Avg Bathrooms 2.68 baths

Average Price by Bedrooms

1 bedroom $185,000
2 bedrooms $178,800
3 bedrooms $339,780
4 bedrooms $414,442
5 bedrooms $599,892
Richmond Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 248 235 236 225 220
Average Price $411,562 $402,573 $391,691 $387,725 $391,080
Avg Price Change +2.23% +2.78% +1.02% -0.87% +1.52%
Median Price $344,419 $334,496 $330,172 $335,879 $339,900
Med Price Change +2.97% +1.31% -1.73% -1.20% -0.70%
Avg Bedrooms 3.53 beds 3.52 beds 3.51 beds 3.5 beds 3.54 beds
Avg Bathrooms 2.71 baths 2.66 baths 2.69 baths 2.69 baths 2.72 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Madison Central 196 $389,447 72 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 228 $396,610 71 days
Distressed Homes 1 $309,000 73 days
Multi-Million Dollar Homes 5 $1,634,800 259 days
Newly Built Homes 114 $409,795 94 days
Homes with a Pool 10 $544,530 79 days
Reduced Price Homes 8 $338,075 24 days
829 National Avenue, Suite 200
Lexington, KY 40502
859-300-1415

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Andrew Wilson - NATIONAL REAL ESTATE are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX brokers.
Data from other IDX's is "deemed reliable but not guaranteed."
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