Overview: September 2, 2025
The Richland housing market has shown steady strength over the past 90 days with 35 new construction single-family home sales. This data covers all price ranges and is limited to new construction. On average, the market recorded 1 Closing Every 3 Days.
Most homes are selling quickly, with a median of just 106 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 161 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 $397,900 to $896,280, giving both entry-level and luxury buyers room to participate.
Market by Home Style (Past 90 Days – All new construction 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 | 35 | 1 Closing Per 3 Days | $594,733 / $624,900 | $397,900 – $896,280 | 2,059 / 2,024 | $290 / $292 | 161 / 106 |
| 1 Story | 31 | 1 Closing Per 3 Days | $586,517 / $620,000 | $397,900 – $896,280 | 1,997 / 2,022 | $294 / $292 | 159 / 119 |
| 1 Story w/ bonus room | 1 | 1 Closing Per 90 Days | $624,900 / $624,900 | $624,900 – $624,900 | 2,665 / 2,665 | $234 / $234 | 530 / 530 |
| 2 Story | 3 | 1 Closing Per 30 Days | $669,580 / $653,740 | $579,999 – $775,000 | 2,494 / 2,590 | $273 / $256 | 57 / 75 |
Key Takeaways
- Richland’s new construction market sold 35 single-family homes in the past 90 days, reflecting steady activity across all price ranges.
- 1 Story homes dominate sales with 31 closings, maintaining similar pricing and days on market as the overall market.
- 2 Story homes sell less frequently but tend to move faster with a median of 75 days on market and slightly higher average prices.
- A rare 1 Story home with a bonus room sold once with a longer market time, demonstrating niche variation within the market.
- The average days on market is influenced by some slower-selling homes, but median days show most homes sell within around 3.5 months.