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Richland Real Estate Existing Construction Stats – Current

Overview – December 4 2025

The Richland housing market has shown steady strength over the past 90 days with 152 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 1.69 closings per day.

Most homes are selling quickly, with a median of just 27 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 40 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 $140,000 to $1,250,000, 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 152 1.69 $500,961 / $452,500 $140,000 – $1,250,000 2,189 / 2,138 $243 / $244 40 / 27
1 Story 74 1.0 $440,309 / $421,500 $140,000 – $989,900 1,635 / 1,609 $281 / $275 35 / 24
1 Story w/ Bonus Room 4 0.04 $753,700 / $757,450 $599,900 – $900,000 2,929 / 2,925 $258 / $272 45 / 37
1 Story w/ Basement 33 0.12 $498,736 / $419,000 $254,000 – $876,000 2,685 / 2,707 $189 / $181 37 / 26
1.5 Story 2 0.02 $890,000 / $890,000 $530,000 – $1,250,000 3,017 / 3,017 $282 / $339 29 / 29
2 Story 23 0.08 $621,398 / $620,000 $407,000 – $975,000 2,725 / 2,733 $229 / $228 45 / 42
2 Story w/ Basement 8 0.03 $529,563 / $445,500 $325,000 – $1,237,500 2,787 / 2,369 $186 / $193 34 / 35
4+ Story 3 0.03 $468,333 / $474,999 $430,000 – $500,000 2,957 / 2,744 $162 / $176 138 / 176
Mid Entry 2 0.02 $475,725 / $475,725 $436,450 – $515,000 2,284 / 2,284 $209 / $229 89 / 89
Tri-Level 3 0.03 $475,000 / $465,000 $450,000 – $509,999 2,329 / 2,170 $210 / $207 54 / 64

Key Takeaways

  • Richland’s existing single-family home market remains robust with 152 sales in 90 days across all styles and prices.
  • Homes typically sell quickly, with a median market time of 27 days, reflecting strong buyer demand.
  • One-story homes dominate sales, accounting for nearly half of all transactions, with solid pricing around $440K median.
  • Larger and multi-story homes, while fewer in number, tend to have longer market times and wider price ranges.
  • The entry-level to luxury spectrum is well represented, ensuring diverse opportunities for buyers in Richland.