Housing in Richmond, KY

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$297,200

Median List Price

$319,000

Price Per Sq Ft

$176

Days on Market

76

Active Inventory

107

Months of Supply

3.5

Seller's market

Zillow Home Value

$289,136

ZHVI — January 2026

Zillow Rent Index

$992

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 0.2%List Price 2.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

9.7%

Off Market in 2 Weeks

16.1%

Sale-to-List Ratio

98.2%

Buyer's market

Sold Above Asking
9.7%
Under Contract in 2 Wks
16.1%
Listings with Price Drops
19.6%

Market Activity

Source: Redfin

Homes Sold

31

New Listings

26

Pending Sales

31

Homes Sold 8.8%New Listings 45.8%Pending 39.2%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$176

Median List $/SF

$161

Sale $/SF 16.6%List $/SF 0.6%Mar 24Jan 26

Richmond vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Richmond is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$205,900

Median Rent

$860

Total Housing Units

16,184

Vacancy Rate

8.9%

Owner Occupied

40.1%

Renter Occupied

59.9%

Median Property Tax

$1,643

per year

Monthly Cost (w/ Mortgage)

$1,098

Housing Types

Single Family
45.4%
Multi-Family
50.9%
Mobile Home
3.7%

The current median sale price in Richmond, KY is $297,200 according to Redfin data. Homes spend a median of 76 days on the market. 9.7% of homes sold above asking price. The market has 3.5 months of supply. The median price per square foot is $176. Zillow's observed rent index is $992/month. About 40.1% of housing units are owner-occupied. The median year homes were built is 1995. There are 16,184 total housing units.