Is Richmond, UT 84333 a buyer’s or seller’s market?

The Richmond housing market right now

In the three months ending August 31, 2026, 22% of homes in Richmond, UT 84333 sold above their list price, the typical home went under contract in 17 days and there were 5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 9 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 31%, homes sold faster (42 days then) and the median sale price rose 27% to $489,788. Overall, Richmond is about as competitive as it was a year ago.

Within Cache County, homes here sell faster than in 87% of the county’s ZIP codes, and sell more often over asking than in 87%.

Nearby, buyers who want less competition could look at Trenton 84338 (0% sold over asking) or Newton 84327 (0% sold over asking), while Clarkston 84305 (25% sold over asking) and Hyde Park 84318 (25% sold over asking) are even more competitive.