Is now a good time to buy land in Richmond, Missouri?
Richmond, Missouri is currently a seller's market with 4.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Comprehensive market data and analysis• Updated Oct 2026
4.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 2 | 2 | 2 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | 1 | 1 | 2 | 2 |
| 5-10 acres | - | 2 | 6 | 6 |
| 10-20 acres | - | 1 | 2 | 3 |
| 20-50 acres | - | 1 | 2 | 5 |
| 50-100 acres | - | - | 1 | 2 |
| 100+ acres | 1 | 2 | 2 | 3 |
| TOTAL | 2 | 9 | 17 | 23 |
Richmond, Missouri is currently a seller's market with 4.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Richmond, Missouri currently has 4.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
The current absorption rate in Richmond, Missouri is 25.0% (3-month basis), indicating strong demand. The top-performing broker in this market is Platinum Realty LLC.
Land in Richmond, Missouri typically sells within 253 days of listing. The median time on market is 110 days. Properties are moving slowly in the current seller's market.
There are currently 12 active listings in Richmond, Missouri. 6 new listings have hit the market in the last 90 days. The median asking price is $195K.
The 3-month absorption rate in Richmond, Missouri is 25.0%. The 12-month rate is 16.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Richmond, Missouri saw 23 properties sold. In just the last 3 months, 9 properties changed hands.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
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