Comprehensive market data and analysis• Updated Oct 2026
6.0 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | 1 | 1 | 1 | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 1 | 1 | 3 |
Acreage buckets
The median price for land in Richmond, Ohio is currently $12K per acre. For a typical parcel, the median sale price is $45K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $21K while premium lots reached $69K.
Richmond, Ohio is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly.
Richmond, Ohio currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
The 3-month absorption rate in Richmond, Ohio is 16.7%. The 12-month rate is 8.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Richmond, Ohio stands at $45K. This translates to roughly $12K per acre for the typical parcel size.
Land in Richmond, Ohio averages $12K per acre. The median price per acre is $12K, which may be more representative of typical transactions. Most parcels sold are around 4.6 acres.
Over the past 12 months, Richmond, Ohio saw 2 properties sold, totaling $90K in sales volume. In just the last 3 months, 1 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.
See land for sale and off-market property records in Richmond on LandyDandy.
Browse land in Richmond →Land investors and realtors list on LandyDandy for free. The Starter plan has no listing limit, and your dashboard shows the views, saves and buyer messages for every listing.
List your land free
