Current Price

$213,825

1 Month Forecast

â–² $233,708

1-Year Forecast *

â–² $246,352

5-Year Forecast *

â–² $289,698

"Is it a good time to buy homes in Richmond?" "Does investing in real estate in Richmond (Missouri State, Ray 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 Missouri State, Ray 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 213,825 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Richmond" area is 289,698 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +35.48% meaning that investing 100000 USD today may yield a profit of 35,483 USD by 2031.

Current Median Listing Price: 213,825 USD Median Listing Price Per Square Foot: 119 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 (Missouri State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

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: $246,352* (upside of 15.2%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $225,749 $232,235 $225,749 $232,235
2024 $202,560 $213,825 $202,560 $213,825
2023 $193,897 $202,245 $193,897 $202,371
2022 $177,648 $193,576 $177,648 $195,324
2021 $154,320 $174,089 $154,320 $174,089
2020 $134,901 $151,406 $134,901 $151,406
2019 $124,457 $133,503 $124,457 $133,503
2018 $110,825 $123,075 $110,825 $123,075
2017 $104,961 $109,327 $104,961 $109,327
2016 $92,933 $104,681 $92,933 $104,681
2015 $83,784 $91,859 $83,784 $91,859
2014 $71,107 $83,292 $71,107 $83,292
2013 $60,936 $70,613 $60,936 $70,613
2012 $57,366 $61,131 $57,366 $61,766

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 $213,825 USD.

What is the average price per square foot in Richmond?

According to Walletinvestor the median price per square foot in Richmond is 119 USD.

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

Yes. The Richmond home prices may rise from 213,825 USD to 246,352 USD in one year.

Is it profitable to invest in Richmond homes?

Yes. The long-term profit potential is +15.21% 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 277,879 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 346,462 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 5900. largest city in the United States, located in Missouri State.

During the last 12 months the real estate prices in Ray, Richmond decreased, 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 decreased by 7.194% to 213,825 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 16.942% in 2021
  • 16.202% in 2022
  • 15.022% in 2023
  • 14.762% in 2024
  • 14.162% in 2025
  • 15.132% in 2026

Based on our Richmond real estate market research and report the predicted sales prices will increase by 312.075% in the next 10 years.

Over the last 12 months, the value of homes in Richmond fluctuated: increasing 4 times .

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

Below you will find the price predictions for 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 233708 215479 251937
September 2025 235191 223431 246950
October 2025 236682 217511 255853
November 2025 238183 219367 257000
December 2025 239137 224789 253485
Richmond Housing Market Forecast with Real Estate Prices for 2026
January 2026 238741 225610 251872
February 2026 238686 217682 259690
March 2026 240200 223866 256534
April 2026 241723 220210 263237
May 2026 243257 228175 258338
June 2026 244799 221054 268545
July 2026 246352 234034 258670
August 2026 247915 231800 264029
September 2026 249487 233769 265205
October 2026 251069 235754 266385
November 2026 252298 236655 267940
December 2026 252067 235179 268956
Richmond Housing Market Forecast with Real Estate Prices for 2027
January 2027 251202 229096 273307
February 2027 250339 229310 271367
March 2027 250181 234670 265693
April 2027 250347 227315 273379
May 2027 250763 235968 265558
June 2027 251762 234642 268882
July 2027 253359 232583 274134
August 2027 254966 232529 277403
September 2027 256583 241701 271465
October 2027 258210 242201 274219
November 2027 258760 236507 281014
December 2027 258498 232907 284089
Richmond Housing Market Forecast with Real Estate Prices for 2028
January 2028 258447 237512 279381
February 2028 258497 236266 280728
March 2028 258655 241325 275985
April 2028 258599 240755 276442
May 2028 259002 241649 276355
June 2028 260329 246011 274647
July 2028 261980 237354 286606
August 2028 263639 239384 287893
September 2028 264360 239510 289210
October 2028 264825 241520 288129
November 2028 265722 245262 286183
December 2028 267264 252297 282230
Richmond Housing Market Forecast with Real Estate Prices for 2029
January 2029 268667 241800 295534
February 2029 269760 253844 285675
March 2029 270940 247368 294512
April 2029 272658 257935 287382
May 2029 274388 249418 299357
June 2029 276128 257904 294352
July 2029 277879 260373 295386
August 2029 279101 254819 303383
September 2029 279281 261128 297434
October 2029 279295 254996 303594
November 2029 280092 264406 295777
December 2029 281868 257346 306391
Richmond Housing Market Forecast with Real Estate Prices for 2030
January 2030 283656 260680 306632
February 2030 285455 270040 300869
March 2030 287265 266008 308523
April 2030 288416 273418 303413
May 2030 287938 260872 315004
June 2030 287872 266569 309174
July 2030 289698 273185 306210
August 2030 291535 264422 318648
September 2030 293384 269620 317148
October 2030 295245 277530 312960
November 2030 297117 270971 323264
December 2030 299002 270298 327706
Richmond Housing Market Forecast with Real Estate Prices for 2031
January 2031 300898 284951 316846
February 2031 302807 277674 327940
March 2031 304288 277207 331370
April 2031 304010 288506 319515
May 2031 302966 275396 330536
June 2031 301926 276564 327287
July 2031 301736 281520 321952
August 2031 301936 280801 323072
September 2031 302437 279754 325120
October 2031 303642 286638 320646
November 2031 305568 280512 330625
December 2031 307506 288748 326264
Richmond Housing Market Forecast with Real Estate Prices for 2032
January 2032 309457 290580 328333
February 2032 311419 283392 339447
March 2032 312083 285556 338610
April 2032 311766 281836 341696
May 2032 311704 285833 337576
June 2032 311765 291189 332341
July 2032 311956 288247 335664

> 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.