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Housing in Richland

32 homes sold in Richland in the last year, at a typical $131K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Richland homes are listed.

Homes sold
32
June 2025 to May 2026
Typical sale price
$131K
median, weighted by sales
Price per square foot
$104
Missouri $163
Paid vs. asking
94.2%
22% sold over asking
For sale now
2
May 2026 · 4 sold that month
What sold · last 12 months

Houses are 100% of Richland’s sales, at a typical $131K

32 homes sold in the year to May 2026.

Houses$131K

typical sale · 32 sold in 12 months

Per square foot
$104MO $163
Days to sell
68
Sold over asking
22%
Listings with a price cut
34%
12 years of sales

About as many homes sell as usual, at twice the 2017 price

32 sales in the last year, against 43 in 2022 and a low of 18 in 2014. The typical sale went from $63K in 2017 to $131K.

Homes soldTypical sale price
012253750$50K$100K$150K$200K2013: 26 sold, typical $50K’132014: 18 sold, typical $60K2015: 27 sold, typical $68K’152017: 25 sold, typical $63K2018: 37 sold, typical $60K’182019: 34 sold, typical $71K2020: 25 sold, typical $88K’202021: 42 sold, typical $111K2022: 43 sold, typical $114K’222023: 30 sold, typical $128K2024: 31 sold, typical $147K’242025: 29 sold, typical $143KLast 12 months: 32 sold, typical $131KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $150K buys in Richland

Houseat $104 a sq ft
The same money in Missouriat $163 a sq ft

Is this asking price fair?

Check a listing against what Richland homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 12 years of sales

Bidding wars in Richland are more common than before the pandemic, but two thirds fewer homes come up for sale

We read every month of Richland’s home sales since 2013 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 32 sales.

If you’re buying in Richland

  • Shop in June. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (11% over asking).
  • You can negotiate. 34% of listings have cut their price, against 18% before the pandemic.
  • Offer under asking. Buyers paid 94.2% of the list price on average; 22% paid over.
  • You’ll usually have time. Only 38% of homes go under contract within two weeks; the typical one takes 68 days.
Best time to buy

Spring brings the homes; fall brings the bidding wars

April has the most new listings (about 5 a month), but September is the most competitive: 28% of September sales close over asking. June offers nearly as much choice with fewer homes bid up (11%). January has the least competition (4%) but only about 3 new listings.

New listings a monthShare sold over asking
01.32.53.8513%27%40%Sweet spotJan: 3 new listings a month, 4% sold over asking, 78 days to sellJFeb: 4 new listings a month, 18% sold over asking, 157 days to sellFMar: 3 new listings a month, 11% sold over asking, 133 days to sellMApr: 5 new listings a month, 13% sold over asking, 78 days to sellAMay: 3 new listings a month, 15% sold over asking, 94 days to sellMJun: 5 new listings a month, 11% sold over asking, 90 days to sellJJul: 2 new listings a month, 14% sold over asking, 82 days to sellJAug: 4 new listings a month, 24% sold over asking, 136 days to sellASep: 3 new listings a month, 28% sold over asking, 100 days to sellSOct: 4 new listings a month, 14% sold over asking, 153 days to sellONov: 3 new listings a month, 26% sold over asking, 175 days to sellNDec: 3 new listings a month, 26% sold over asking, 89 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Missouri as a whole

Richland now2017–192021 peakMO now
Sold over askingShare of sales that closed above the list price22%11%14%21%
Gone within two weeksShare of homes under contract within 14 days38%12%30%42%
Listings with a price cutShare of homes for sale that cut their price34%18%18%27%
Price paid vs. askingAverage sale price ÷ list price94.2%92.6%95.7%98%
Days to sellMedian days from listing to contract681475636
Supply

6 homes for sale on a typical day

That’s 70% fewer than in 2017–19 and well under 2018’s 22.

2013: 10 for sale’132014: 15 for sale2015: 22 for sale2017: 19 for sale’172018: 22 for sale2019: 20 for sale2020: 13 for sale’202021: 10 for sale2022: 11 for sale2023: 8 for sale’232024: 9 for sale2025: 7 for saleLast 12 months: 6 for saleNow
Room to negotiate

1 in 3 listings has cut its price

34% in the last year, against 18% in 2017–19 and 27% across Missouri. More sellers are pricing high and coming down.

2015: 9%’152017: 22%2018: 14%2019: 20%’192020: 14%2021: 18%2022: 22%’222023: 23%2024: 32%2025: 33%’25Last 12 months: 34%Now

Source: Redfin Data Center, city market tracker, January 2013 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Richland home costs about $767 a month

Mortgage
Property tax
Insurance
Rent

Price: Richland’s typical sale, last 12 months. Property tax at Richland’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Richland is affordable on local pay is on Cost of living.

Before you buy in Richland

Six things worth knowing

5

New listings in April

The month with the most choice. July has the fewest, about 2.

Best time to buy
0.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $131K home, about $1,000 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Richland, from test results, graduation and how much students grow.

Schools in Richland
28 min

Typical commute

The average one-way trip to work for people who live in Richland.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot; Waynesville and Lebanon for far more

The busier markets within 25 miles of Richland, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Lebanon238$201K$13922%53
Waynesville141$245K$13233%51
St. Robert109$267K$12129%32
Dixon41$131K$10427%53
Richland32$131K$10422%68
Crocker27$190K$11530%51

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Richland, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Richland. People who follow the town see it, and so do people comparing Richland with their own town. No commission, no listing fee.

Questions about buying a home in Richland

What do homes sell for in Richland, MO?

32 homes sold in the year to May 2026 at a typical $131K, $104 a square foot.

Is Richland a buyer’s or seller’s market?

A seller’s market: 2 homes were for sale in May 2026 and 4 sold, about 0.5 months of supply. Buyers paid 94.2% of asking on average, and 34% of listings cut their price.

When is the best time to buy in Richland?

April brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Richland?

About 0.8% of a home’s value a year. On a $131K home that’s near $1,000.

Where can I see homes for sale in Richland?

Zillow, Redfin, Realtor.com and Homes.com all carry Richland’s MLS listings; the search links above open each one filtered to Richland.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).