If you need assistance, please call 859-396-1402

Richmond Market Report

$407,612

AVERAGE PRICE OF 239 HOMES

$309,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,642,800

AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

$402,727

AVERAGE PRICE OF 128 NEWLY BUILT HOMES

$660,860

AVERAGE PRICE OF 10 HOMES WITH A POOL

$568,660

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $407,612
Avg Bedrooms 3.54 beds
Avg Bathrooms 2.68 baths

Average Price by Bedrooms

1 bedroom $185,000
2 bedrooms $208,475
3 bedrooms $353,715
4 bedrooms $442,989
5 bedrooms $599,377
Richmond Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 236 225 220 209 218
Average Price $391,691 $387,725 $391,080 $385,240 $390,999
Avg Price Change +1.02% -0.87% +1.52% -1.49% +1.72%
Median Price $330,172 $335,879 $339,900 $342,272 $344,406
Med Price Change -1.73% -1.20% -0.70% -0.62% +4.01%
Avg Bedrooms 3.51 beds 3.5 beds 3.54 beds 3.54 beds 3.53 beds
Avg Bathrooms 2.69 baths 2.69 baths 2.72 baths 2.67 baths 2.71 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Madison Central 211 $400,465 80 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 239 $407,612 77 days
Distressed Homes 1 $309,000 13 days
Multi-Million Dollar Homes 5 $1,642,800 199 days
Newly Built Homes 128 $402,727 101 days
Homes with a Pool 10 $660,860 98 days
Reduced Price Homes 10 $568,660 108 days
RE/MAX Creative / Realty
Greg Edmondson
2808 Palumbo Dr
Lexington, KY 40509
859-396-1402
Honor Home Loans
Dana Back-Pack
859-621-0169
NMLS# 71942

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 Greg Edmondson - RE/MAX Creative / Realty 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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