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Richland Real Estate Existing Construction Stats – Current

Overview: September 2, 2025

The Richland housing market has shown steady strength over the past 90 days with 145 existing single-family home sales. This data covers all price ranges and is limited to existing construction (not new builds). On average, the market recorded nearly 1.61 closings per day.

Most homes are selling quickly, with a median of just 20 days on the market. This indicates that competitively priced and well-presented listings are drawing strong interest. At the same time, the average days on market at 36 days shows that while some homes move almost immediately, others—often larger or unique properties—require more time to connect with the right buyers.

Overall, the data suggests that Richland remains a healthy and active market, offering options across multiple price ranges and property types. Sales ranged from $141,000 to $1,350,000, giving both entry-level and luxury buyers room to participate.

Market by Home Style (Past 90 Days – All Existing Single-Family Homes in Richland, All Price Ranges)

Home Type Sales Count Closings / Day Price (Avg / Median) Price Range (Min–Max) Size SqFt (Avg / Median) $ / SqFt (Avg / Median) Days on Market (Avg / Median)
All Homes 145 1.61 $519,991 / $485,000 $141,000 – $1,350,000 2,263 / 2,196 $243 / $244 36 / 20
1 Story 62 1.00 $450,024 / $413,750 $141,000 – $875,000 1,658 / 1,616 $284 / $275 30 / 20
1 Story w/ Bonus Room 7 0.08 $694,271 / $665,000 $585,000 – $900,000 2,839 / 2,942 $246 / $254 43 / 39
1 Story w/ Basement 30 0.08 $491,770 / $425,000 $254,000 – $989,000 2,659 / 2,676 $193 / $181 28 / 13
2 Story 24 0.03 $657,554 / $617,500 $407,000 – $1,247,499 2,786 / 2,723 $235 / $228 50 / 29
2 Story w/ Basement 12 0.04 $549,573 / $435,000 $325,000 – $1,237,500 2,897 / 2,398 $191 / $196 28 / 19
4+ Story 2 0.02 $522,500 / $522,500 $500,000 – $545,000 2,907 / 2,907 $180 / $182 95 / 95
Mid Entry 4 0.04 $439,518 / $437,500 $388,000 – $495,070 2,116 / 2,096 $209 / $207 24 / 14
Tri-Level 4 0.04 $676,250 / $500,000 $355,000 – $1,350,000 2,450 / 2,213 $259 / $252 100 / 78

Key Takeaways

  • The Richland market remains active with 145 homes sold, maintaining a steady pace of about 1.61 closings per day.
  • Single-story homes constitute the largest segment, with 62 sales and quick median market times of 20 days.
  • Larger and more unique homes like Tri-Levels and 2 Story styles tend to have higher prices and longer days on market.
  • The price per square foot generally ranges from about $180 to $284 across home styles, reflecting diverse options.
  • The median days on market at 20 days suggests a competitive environment encouraging well-priced listings.