Housing Prices in Richland, MO

How much do homes in Richland, MO cost?

Median List Price

$174,900

$107/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2023

+$34,900(+24.9%)

Key Takeaway

The list price of homes in Richland has increased by 24.9% since last year.

Summary: The median home list price in Richland was $174,900 in May 2024, up 24.9% from the previous year, and the median price per square foot was $107.

Median List Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$263K
N/A
2 $85K$80K
-5.9%
3 $140K$170.4K
+21.8%
4 $176.9K$189.9K
+7.3%
5+ $164.9K$399.9K
+142.5%

Summary: Richland housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 21.8%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 142.5%.

Median List Price Compared To Nearby Cities

May/Smith Township
+36.5%
Richland
+24.9%
Auglaize Township
+21.4%
Liberty Township
+2.6%

Housing Supply in Richland, MO

How many homes are available in Richland, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2122+4.8%

Summary: The Richland real estate market had 22 homes for sale in May 2024, a 4.8% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 53
-40.0%
3 109
-10.0%
4 34
+33.3%
5+ 25
+150.0%

Summary: The Richland housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 150%.

Days on Market for Richland, MO

How long does it take to sell a home in Richland, MO?

Average Listing Age

May 2023May 2024CHANGE
143 Days67 Days-52.8%

Summary: Homes in Richland had an average listing age of 67 days in May 2024, down by 52.8% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Richland, MO

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