Richmond County Real Estate Market Extends Growth in Contracts

The Richmond County market got a lift this week as sales rose to three homes sold over the last 30 days to go with a recent upward trend of contracts closing, now up to four. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. As contracts trended higher, the median sales price fell in response, trending downwards for four weeks to reach $79,000. Richmond County is still a definite buyer's market with of eight months of remaining inventory, aided by falling prices that outweigh the rising contracts numbers.

If price is the most important factor in your decision, these are some inexpensive homes being listed in Richmond County:

$110K   $169K   $169K  

Get started right now by checking out Richmond County homes for sale or reviewing Richmond County real estate trends.

Demographic facts about Richmond County:

  • The average age of the population is 43 years old.
  • The area's health cost index score is 100.6. (100 = national average)
  • People in this area have a commute time breakdown of: <15 min (32.3%), 15-29 min (34.3%), 30-44 min (16.7%), 45-59 min (3.7%), >60 min (13.0%).

Data reported through 10/12/2016

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