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Today: September 22, 2025

Current Price

$218,321

1 Month Forecast

$228,324

1-Year Forecast *

$245,464

5-Year Forecast *

$302,787

"Is it a good time to buy homes in Richmond?" "Does investing in real estate in Richmond (Kansas State, Franklin County) worth it?" According to our live Forecast System, buying a house in Richmond is a good short-term (1-year) investment*. The Richmond average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Richmond" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Richmond in Kansas State, Franklin County. If you are looking for homes for sale with good flipping profit, Richmond can be a profitable property investment option. The median price of an average house in Richmond was 218,321 USD on 2025-09-22. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Richmond" area is 302,787 USD by 2030-09-22. For a 5-year investment the profit is expected to be around +38.69% meaning that investing 100000 USD today may yield a profit of 38,689 USD by 2030.

Current Median Listing Price: 218,321 USD Median Listing Price Per Square Foot: 121 USD

Richmond Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Richmond (Kansas State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

The long-term housing forecast is based on all the available median listing price recorded up to today.

Richmond Price Target

Richmond median home price target in 12 months: $245,464* (upside of 12.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $223,225 $226,745 $223,225 $226,745
2024 $199,497 $218,321 $199,497 $218,321
2023 $185,197 $199,705 $180,587 $199,705
2022 $168,014 $188,077 $168,014 $189,874
2021 $142,560 $165,662 $142,560 $165,662
2020 $118,850 $139,649 $118,850 $139,649
2019 $113,330 $118,683 $113,330 $118,683
2018 $107,140 $113,159 $107,140 $116,003
2017 $100,406 $106,648 $100,406 $106,648
2016 $94,076 $99,279 $94,076 $99,279
2015 $81,582 $93,166 $81,582 $93,166
2014 $73,197 $80,341 $73,197 $80,341
2013 $64,474 $72,670 $63,467 $72,670
2012 $63,414 $65,086 $63,414 $67,372

Questions & Answers about the Richmond Housing Market Forecast

How much does an average home cost in Richmond today?

The value of an average home (the listing price) in Richmond is $218,321 USD.

What is the average price per square foot in Richmond?

According to Walletinvestor the median price per square foot in Richmond is 121 USD.

Will the median listing price of homes in Richmond grow / rise / go up?

Yes. The Richmond home prices may rise from 218,321 USD to 245,464 USD in one year.

Is it profitable to invest in Richmond homes?

Yes. The long-term profit potential is +12.43% in one year.

Will Richmond house prices fall / drop?

No. See above.

What is the predicted price of a Richmond home in 2030?

The predicted home sales price of a Richmond home in 2030 in Richmond is 302,787 USD.

What is the predicted price of a Richmond home in 2035?

The predicted home sales price of a Richmond home in 2035 in Richmond is 404,333 USD.

Will real estate prices decrease in Richmond?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Richmond is the 19010. largest city in the United States, located in Kansas State.

During the last 12 months the real estate prices in Franklin, Richmond increased, looking at the past 12 months.

According to Walletinvestor's Richmond real estate market research, home values will increase in the next 12 months.

Median home values increased by 1.414% to 218,321 USD, between 2024-09-22 and 2025-09-22

The average annual profit of property investment was:

  • 14.223% in 2020
  • 12.673% in 2021
  • 12.663% in 2022
  • 14.403% in 2023
  • 11.443% in 2024
  • 11.493% in 2025

Based on our Richmond real estate market research and report the predicted sales prices will increase by 222.795% in the next 10 years.

Over the last 12 months, the value of homes in Richmond fluctuated: increasing 8 times and decreasing 2 times.

Richmond (Kansas) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Richmond Housing Market Forecast with Real Estate Prices for 2025
August 2025 228324 213939 242708
September 2025 229914 212670 247158
October 2025 231515 214846 248184
November 2025 233128 215643 250612
December 2025 234751 222544 246958
Richmond Housing Market Forecast with Real Estate Prices for 2026
January 2026 236386 212748 260025
February 2026 238032 223036 253029
March 2026 239690 224590 254791
April 2026 241360 225671 257048
May 2026 243041 218736 267345
June 2026 244733 231762 257704
July 2026 245464 233191 257738
August 2026 245874 223992 267757
September 2026 246704 224747 268661
October 2026 248241 228878 267604
November 2026 249970 232222 267718
December 2026 251711 229812 273610
Richmond Housing Market Forecast with Real Estate Prices for 2027
January 2027 253464 237242 269685
February 2027 255229 236853 273605
March 2027 257007 241586 272427
April 2027 258796 240163 277430
May 2027 260599 242618 278580
June 2027 262290 240520 284060
July 2027 264076 241365 286786
August 2027 265417 249492 281342
September 2027 265252 239523 290981
October 2027 264436 248306 280567
November 2027 263623 242797 284449
December 2027 262813 240474 285152
Richmond Housing Market Forecast with Real Estate Prices for 2028
January 2028 262004 235804 288205
February 2028 262768 240433 285103
March 2028 264598 250310 278886
April 2028 266441 245659 287223
May 2028 268297 249784 286809
June 2028 270165 245310 295020
July 2028 272047 255724 288369
August 2028 273941 248739 299144
September 2028 275248 261486 289010
October 2028 275360 260490 290229
November 2028 275073 250316 299830
December 2028 275879 260981 290776
Richmond Housing Market Forecast with Real Estate Prices for 2029
January 2029 277800 261688 293913
February 2029 279735 261552 297918
March 2029 281683 265346 298021
April 2029 283645 263506 303784
May 2029 285620 267341 303900
June 2029 287610 272941 302278
July 2029 288843 271224 306463
August 2029 289769 275281 304257
September 2029 290501 264065 316937
October 2029 292524 268830 316219
November 2029 294561 268935 320188
December 2029 295628 274934 316322
Richmond Housing Market Forecast with Real Estate Prices for 2030
January 2030 295225 269836 320615
February 2030 294932 277236 312628
March 2030 295260 278430 312090
April 2030 296548 277569 315527
May 2030 298614 281593 315635
June 2030 300693 276337 325049
July 2030 302787 284923 320652
August 2030 304896 284468 325324
September 2030 307020 290441 323599
October 2030 309158 279170 339146
November 2030 311311 293566 329056
December 2030 313479 288087 338871
Richmond Housing Market Forecast with Real Estate Prices for 2031
January 2031 315662 292619 338706
February 2031 317861 287346 348375
March 2031 320075 297669 342480
April 2031 322304 294908 349700
May 2031 323267 304840 341693
June 2031 323807 291426 356187
July 2031 324899 305730 344068
August 2031 326923 297500 356346
September 2031 329200 309448 348952
October 2031 331493 308620 354366
November 2031 333802 307431 360172
December 2031 336126 312261 359991
Richmond Housing Market Forecast with Real Estate Prices for 2032
January 2032 338467 307328 369606
February 2032 340824 315603 366045
March 2032 343198 322606 363790
April 2032 345425 312265 378586
May 2032 347777 327954 367601
June 2032 349543 328221 370865
July 2032 349326 331511 367142
August 2032 348252 329446 367058
September 2032 347181 317324 377039
October 2032 346114 318078 374149
November 2032 345049 327797 362302
December 2032 346055 319063 373047
Richmond Housing Market Forecast with Real Estate Prices for 2033
January 2033 348465 324072 372858
February 2033 350892 332295 369489
March 2033 353336 320122 386549
April 2033 355797 329112 382481
May 2033 358274 335345 381204
June 2033 360770 338041 383498
July 2033 362490 338929 386052

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.