10 resales in 3 years; busiest months: July, May and June
Over the last 3 years, 10 resale homes sold here out of about 124 recorded lots, roughly 3 a year, or roughly one every four months. Homes are still being built here, so new-home sales are left out and the rate may shift as building wraps up.
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When Richmond homes were listed over the last 3 years. Listings were spread across 7 of the 12 months; July, May and June were the busiest (2 each). The median home took 80 days from listing to closing in the last 12 months.
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For a typical 2,000 sq ft home here. Middle of the range: about $345,000. Based on 4 Richmond resales between 1,854 and 2,113 sq ft in the last 3 years.
Size-only estimate, not an appraisal. Kitchens, roofs, lots and streets can move a home above or below it. For your exact value, ask for a free, no-pressure walk-through.
What Homes Like Yours Sold For
Most sales: 1,600 to 1,999, median $316K
Resale homes in Richmond over the last 3 years, grouped by size. Find your home's size for the quickest honest starting point. Most sales here were in the 1,600 to 1,999 group.
Home size
Sales
Median
Range
Under 1,600 sq ft
2
$289K
$289K to $290K$186 per sq ft
1,600 to 1,999
3
$316K
$288K to $335K$172 per sq ft
2,000 to 2,499
2
$357K
$345K to $370K$169 per sq ft
2,500 to 2,999
1
$354K
one sale$119 per sq ft
3,000 and up
2
$387K
$375K to $400K$124 per sq ft
Price per Square Foot Over Time
$170 to $179: a steady rise
Each point is the median price per square foot of resales in the 12 months ending that month. It went from $170 in the year to August 2025 to $179 now: a steady rise.
Show the numbers
12 months to
Sales
Median price
Per sq ft
Aug 2025
3
$335,000
$170
Nov 2025
5
$345,000
$163
Jan 2026
5
$345,000
$163
May 2026
6
$349,500
$145
Aug 2026
4
$364,500
$124
Nov 2026
4
$289,450
$179
How the Market Is Moving
80 days listing to closing, 96.4% of asking, buyer-leaning market
80 daysmedian from listing to closing (0 of 4 closed within 60 days)
96.4%of the original asking price, median
3 of 4sellers lowered the price before selling
12.0 monthsof supply at the last year's pace, a buyer-leaning market
Homes for sale now ask about $151 per sq ft, below the $179 recent sales brought, partly because of the mix of homes on the market. More than half of recent sellers cut the price before selling.
New Construction in Richmond
38 new homes closed in 3 years
38 new homes in Richmond closed from November 2023 to August 2025, from 1,556 to 3,156 sq ft at $275,000 to $409,900. None is listed for sale right now. They are left out of the resale figures above so they do not skew what an existing home is worth. Join the waiting list to hear about the next one.
Recent Home Sales in Richmond
The 10 most recent sales. Street names only; days are from listing to closing.
Street
Sq ft
Sold
Closed
Waltrip Drive3 bd / 1.75 ba
1,556
$290K$186/sq ft
Oct 202683 days
Waltrip Drive3 bd / 2 ba
1,553
$289K$186/sq ft
Oct 202663 days
Varina Drive3 bd / 2 ba
1,675
$288K$172/sq ft
May 202678 days
Waltrip Drive4 bd / 3.5 ba
3,060
$375K$123/sq ft
Mar 2026315 days
Barlow Way4 bd / 3.5 ba
2,987
$354K$119/sq ft
Sep 202574 days
Show All Recent Sales
5 more sales, back to July 2025
Street
Sq ft
Sold
Closed
Gander Circle4 bd / 2.5 ba
3,163
$400K$126/sq ft
Aug 202570 days
Gander Circle4 bd / 3.5 ba, new
2,817
$385K$137/sq ft
Aug 2025307 days
Barlow Way4 bd / 3 ba, new
2,583
$360K$139/sq ft
Aug 2025239 days
Barlow Way4 bd / 3 ba, new
2,955
$367K$124/sq ft
Jul 2025456 days
Varina Drive3 bd / 2 ba
1,854
$335K$181/sq ft
Jul 202553 days
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Richmond is in Owens Cross Roads, ZIP 35763. Use the map search to see every home listed under this name.
Neighborhood History
First platted 2021, about 124 lots
Richmond was recorded with Madison County in 2021, laying out about 124 lots on roughly 46 acres. Homes that have sold or listed recently were built from 2022 to 2024 and range from about 1,550 to 3,150 sq ft; 9 of the 14 with a recorded style were one-story. Lots run lots of about a fifth of an acre.
Compare Nearby Neighborhoods
Resale and new home sales in the last 12 months, nearest first. Tap a name to open its page.
As of November 1, 2026, 4 resale homes in Richmond sold in the last 12 months at a median price of $289,450, or $179 per square foot. Most sales fall between about $288K and $375K depending on size. 38 new homes sold for $275K to $410K.
How much is my Richmond home worth?
Start with homes of a similar size: a typical 2,000 sq ft home here would fall around $335,000 to $355,000 based on recent resales. Updates, condition, lot and street can move a home outside that range, so for a real number request a free home value and we will compare your home with the closest sales.
How fast do homes sell in Richmond?
The median home took 80 days from listing to closing in the last 12 months, and 0 of 4 closed within 60 days. Sellers got a median of 96.4% of their original asking price.
What schools are Richmond homes assigned to?
Listings in Richmond show Owens Cross Roads, New Hope Middle and New Hope High School. A few listings near the edge show a different school. Zone lines can change, so verify a specific address with the school district.
How old are the homes in Richmond?
The first plat was recorded with Madison County in 2021. Homes that have sold or listed recently were built from 2022 to 2024.
Are most homes in Richmond one story?
Yes. 9 of the 14 recent listings with a recorded style were one-story, typically about 2,000 sq ft.
Talk to a Local Agent About Richmond
Buying, selling or just curious what your home would bring? We will give you a straight answer, with no pressure either way.
Source: ValleyMLS; deemed reliable but not guaranteed. Homes, townhomes and condos listed under the subdivision name Richmond in ZIP 35763. Figures are medians as of November 1, 2026. Lot counts and plat years from Madison County subdivision plats. This is general market information, not an appraisal or a value opinion for any specific home.
Listing data is derived in whole or in part from NALMLS and is for consumers' personal, non-commercial use only. All data should be independently verified..
This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed.
