Richmond Real Estate

Richmond, MO is a small town located in Ray County, Missouri, with a population of around 5,700 residents. The town has a rich history that dates back to the 1800s and is known for its charming small-town atmosphere, beautiful historic homes, and friendly locals.

Real estate in Richmond, MO is relatively affordable compared to other cities in Missouri. The median home value in Richmond is around $106,000, with the average price per square foot being $75. The real estate market in Richmond is stable, with moderate appreciation rates and low foreclosure rates.

There are also some great options for commercial property for sale in Richmond, MO. The average price per square foot for commercial property in Richmond is around $53, which is significantly lower than the national average. This makes Richmond an attractive option for small business owners or entrepreneurs looking to start their own business.

Richmond is divided into several neighborhoods, each with its own unique character and charm. The downtown area is the heart of the town and is home to many historic buildings and landmarks. Other popular neighborhoods include South Richmond, which is known for its quiet residential streets, and West Richmond, which is home to many larger homes and estates.

There are plenty of things to do in Richmond, MO, from outdoor activities like hiking and fishing to cultural attractions like museums and art galleries. The town is also known for its many festivals and events throughout the year, including the annual Richmond Mushroom Festival and the Ray County Fair.

Foodies will love Richmond's restaurant scene, which features a mix of classic American cuisine and international flavors. Some popular local eateries include the Family Cafe, which serves up classic diner fare, and Luigi's Italian Restaurant, which offers delicious pasta dishes and pizzas.

Overall, Richmond, MO is a charming small town with a rich history, affordable real estate, and plenty of things to see and do. Whether you're looking for a new place to call home or a great spot to start a business, Richmond is definitely worth considering.

Richmond - Town vs. County Stats

Avg Price in Richmond: $270,800 / County Avg $330,300

82%

Avg Taxes in Richmond: $1,500 / County Avg $1,800

82%

Avg Sq. Ft. in Richmond: 1,870 / County Avg 2,110

89%

Avg Price per/sqft in Richmond:$145 / County Avg $157

92%

Avg Walkscore in Richmond: 29 / County Avg 28

105%

Avg Year Built in Richmond: 1959 / County Avg 1967

100%

Avg Days on Website in Richmond: 93 / County Avg 80

116%

Richmond Real Estate Market Health

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