Current Price

$162,673

1 Month Forecast

â–² $165,531

1-Year Forecast *

â–² $167,866

5-Year Forecast *

â–² $176,033

"Is it a good time to buy homes in Richmond?" "Does investing in real estate in Richmond (Ohio State, Jefferson County) worth it?" According to our live Forecast System, buying a house in Richmond is a not so 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 Ohio State, Jefferson 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 162,673 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 176,033 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +8.21% meaning that investing 100000 USD today may yield a profit of 8,213 USD by 2031.

Current Median Listing Price: 162,673 USD Median Listing Price Per Square Foot: 90 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 (Ohio 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: $167,866* (upside of 3.2%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $162,554 $164,950 $162,554 $164,950
2024 $160,638 $162,673 $160,395 $162,673
2023 $152,174 $160,446 $150,962 $160,446
2022 $145,621 $153,495 $145,621 $156,423
2021 $139,217 $144,271 $139,217 $146,050
2020 $121,610 $137,288 $121,610 $137,288
2019 $117,740 $120,413 $117,208 $120,413
2018 $114,033 $116,740 $114,033 $116,740
2017 $108,395 $113,875 $108,395 $113,977
2016 $0 $107,997 $0 $107,997
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

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 $162,673 USD.

What is the average price per square foot in Richmond?

According to Walletinvestor the median price per square foot in Richmond is 90 USD.

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

Yes. The Richmond home prices may rise from 162,673 USD to 167,866 USD in one year.

Is it profitable to invest in Richmond homes?

Yes. The long-term profit potential is +3.19% 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 174,796 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 187,968 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 13439. largest city in the United States, located in Ohio State.

During the last 12 months the real estate prices in Jefferson, 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 0.693% to 162,673 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 4.833% in 2021
  • 1.643% in 2022
  • 3.533% in 2023
  • 3.143% in 2024
  • 1.213% in 2025
  • 3.343% in 2026

Based on our Richmond real estate market research and report the predicted sales prices will increase by 36.929% in the next 10 years.

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

Richmond (Ohio) 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 165531 149806 181257
September 2025 166115 152162 180069
October 2025 166702 155366 178037
November 2025 166923 157242 176605
December 2025 166518 158192 174844
Richmond Housing Market Forecast with Real Estate Prices for 2026
January 2026 166113 156312 175914
February 2026 165710 149636 181783
March 2026 165886 156265 175507
April 2026 166102 154973 177231
May 2026 166688 153186 180190
June 2026 167276 158913 175640
July 2026 167866 156452 179281
August 2026 168459 155656 181262
September 2026 169053 153162 184944
October 2026 169649 157265 182034
November 2026 170133 153290 186976
December 2026 170081 154093 186068
Richmond Housing Market Forecast with Real Estate Prices for 2027
January 2027 169667 155585 183750
February 2027 169255 157238 181272
March 2027 168844 159557 178130
April 2027 168434 154622 182245
May 2027 168024 151390 184659
June 2027 167616 157056 178176
July 2027 167209 158179 176238
August 2027 167799 159241 176356
September 2027 168391 159466 177315
October 2027 168985 158508 179462
November 2027 169581 152792 186369
December 2027 170179 159968 180390
Richmond Housing Market Forecast with Real Estate Prices for 2028
January 2028 170618 156457 184779
February 2028 171220 157522 184917
March 2028 171824 158937 184711
April 2028 172430 156222 188639
May 2028 172637 159344 185930
June 2028 172636 162623 182649
July 2028 172650 160219 185081
August 2028 173092 159418 186766
September 2028 173060 159907 186212
October 2028 172716 159590 185842
November 2028 172408 156029 188787
December 2028 172376 159447 185304
Richmond Housing Market Forecast with Real Estate Prices for 2029
January 2029 172666 160753 184580
February 2029 173237 156259 190214
March 2029 173560 157072 190048
April 2029 174172 160935 187409
May 2029 174046 163777 184314
June 2029 174660 157194 192126
July 2029 174796 158015 191576
August 2029 174371 160247 188495
September 2029 174137 163515 184760
October 2029 174424 156981 191866
November 2029 175039 159286 190793
December 2029 175657 160901 190412
Richmond Housing Market Forecast with Real Estate Prices for 2030
January 2030 176276 165700 186853
February 2030 176898 159739 194057
March 2030 177134 159774 194493
April 2030 176703 164334 189072
May 2030 176274 161819 190728
June 2030 175845 164240 187451
July 2030 176033 167055 185011
August 2030 176262 166215 186309
September 2030 176884 159903 193865
October 2030 177508 162065 192951
November 2030 178134 160499 195770
December 2030 178763 166607 190919
Richmond Housing Market Forecast with Real Estate Prices for 2031
January 2031 179394 170424 188363
February 2031 180026 168145 191908
March 2031 180539 165374 195705
April 2031 180484 170196 190772
May 2031 180045 170683 189408
June 2031 179608 166497 192719
July 2031 179171 168242 190101
August 2031 178736 164259 193214
September 2031 178302 162968 193636
October 2031 177869 160437 195300
November 2031 177436 165548 189325
December 2031 178062 166844 189280
Richmond Housing Market Forecast with Real Estate Prices for 2032
January 2032 178691 162787 194594
February 2032 179321 166769 191874
March 2032 179954 164298 195610
April 2032 180589 164516 196661
May 2032 181054 166389 195720
June 2032 181693 171336 192049
July 2032 182334 172853 191815

> 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.