Current Price

$461,645

1 Month Forecast

â–² $481,918

1-Year Forecast *

â–² $514,033

5-Year Forecast *

â–² $571,298

"Is it a good time to buy homes in Richmond?" "Does investing in real estate in Richmond (Utah State, Cache 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 Utah State, Cache 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 461,645 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 571,298 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +23.75% meaning that investing 100000 USD today may yield a profit of 23,752 USD by 2031.

Current Median Listing Price: 461,645 USD Median Listing Price Per Square Foot: 256 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 (Utah 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: $514,033* (upside of 11.3%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $472,127 $479,100 $472,127 $479,100
2024 $456,695 $461,645 $453,125 $461,645
2023 $448,814 $458,312 $448,814 $465,083
2022 $411,037 $449,025 $411,037 $452,118
2021 $333,626 $404,919 $333,626 $404,919
2020 $0 $328,731 $0 $328,731
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
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 $461,645 USD.

What is the average price per square foot in Richmond?

According to Walletinvestor the median price per square foot in Richmond is 256 USD.

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

Yes. The Richmond home prices may rise from 461,645 USD to 514,033 USD in one year.

Is it profitable to invest in Richmond homes?

Yes. The long-term profit potential is +11.35% 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 539,101 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 634,942 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 11621. largest city in the United States, located in Utah State.

During the last 12 months the real estate prices in Cache, 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 2.569% to 461,645 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 11.448% in 2021
  • 9.938% in 2022
  • 11.948% in 2023
  • 11.118% in 2024
  • 10.648% in 2025
  • 13.298% in 2026

Based on our Richmond real estate market research and report the predicted sales prices will increase by 192.971% in the next 10 years.

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

Richmond (Utah) 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 481918 445292 518544
September 2025 484753 440640 528865
October 2025 487604 453959 521249
November 2025 490472 457610 523334
December 2025 493357 466222 520492
Richmond Housing Market Forecast with Real Estate Prices for 2026
January 2026 496259 469461 523057
February 2026 499178 464236 534121
March 2026 502114 456924 547305
April 2026 505068 457086 553049
May 2026 508039 475524 540553
June 2026 511027 484965 537089
July 2026 514033 467256 560810
August 2026 517057 491204 542909
September 2026 520098 474329 565867
October 2026 523157 477643 568672
November 2026 523256 476686 569826
December 2026 522817 478901 566734
Richmond Housing Market Forecast with Real Estate Prices for 2027
January 2027 522509 479663 565354
February 2027 523240 473009 573471
March 2027 521877 495783 547971
April 2027 520147 494140 546155
May 2027 519903 491308 548497
June 2027 520634 488875 552392
July 2027 523643 471279 576007
August 2027 526723 475104 578342
September 2027 529821 490614 569028
October 2027 532938 500961 564914
November 2027 535685 493902 577469
December 2027 535939 494135 577742
Richmond Housing Market Forecast with Real Estate Prices for 2028
January 2028 534162 485554 582771
February 2028 532392 481282 583501
March 2028 530627 496667 564587
April 2028 529345 476411 582280
May 2028 527591 474831 580350
June 2028 527338 498862 555814
July 2028 528545 490490 566600
August 2028 529852 486934 572770
September 2028 528937 490853 567020
October 2028 527183 483427 570940
November 2028 525436 497588 553284
December 2028 524778 487519 562037
Richmond Housing Market Forecast with Real Estate Prices for 2029
January 2029 525442 492339 558545
February 2029 527809 478195 577423
March 2029 530914 478354 583475
April 2029 534037 498256 569817
May 2029 537178 506022 568335
June 2029 538438 485133 591743
July 2029 539101 485191 593011
August 2029 540929 499818 582040
September 2029 542692 508502 576881
October 2029 544245 504515 583975
November 2029 545112 504229 585995
December 2029 548319 520903 575734
Richmond Housing Market Forecast with Real Estate Prices for 2030
January 2030 551544 518451 584636
February 2030 554788 520391 589185
March 2030 558051 525126 590976
April 2030 561334 524847 597821
May 2030 564636 535275 593997
June 2030 567957 512297 623617
July 2030 571298 533021 609575
August 2030 574658 544776 604540
September 2030 578038 537576 618501
October 2030 581438 547715 615162
November 2030 584859 549182 620535
December 2030 588299 544176 632421
Richmond Housing Market Forecast with Real Estate Prices for 2031
January 2031 591759 548561 634958
February 2031 595240 539287 651193
March 2031 595352 544747 645957
April 2031 594853 553808 635898
May 2031 594502 555265 633739
June 2031 595335 541159 649510
July 2031 593783 555188 632379
August 2031 591815 558674 624957
September 2031 591537 547763 635311
October 2031 592369 547941 636796
November 2031 595792 558258 633327
December 2031 599297 559144 639450
Richmond Housing Market Forecast with Real Estate Prices for 2032
January 2032 602822 549774 655870
February 2032 606368 549976 662760
March 2032 609494 569877 649111
April 2032 609783 575635 643930
May 2032 607761 573119 642404
June 2032 605747 572431 639063
July 2032 603739 566307 641171

> 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.