Categories: Business NewsNewsReal Estate & Properties

Richmond County Home Prices on the Rise

The real estate market in Richmond County is seeing increasing home prices.

News Summary

Home prices in Richmond County have seen a 2.3% increase this March 2025, with the median listing price reaching $220,000. The average home size is about 1,598 square feet, and homes are selling quicker with a median of 57 days on the market. However, new listings have decreased by 16.2%, indicating a competitive market. Richmond County’s trends are part of a broader increase in home values across the Augusta metro area and the state of Georgia.

Richmond County Home Prices on the Rise!

Hey there, homeowners and house hunters of Richmond County! There’s some interesting news coming your way from the real estate world. If you’ve been keeping an eye on the market, you might have noticed that median home prices have gone up a little bit this March 2025. The figures are in, and they show that the median home in Richmond County was listed for a cool $220,000. That’s a 2.3% increase from last month’s median list price of $215,000.

Staying Steady with Home Values

When you zoom out a little more, it’s important to point out that, looking back at March 2024, the median price of houses hasn’t changed much at all, remaining steady at around $221,550. It seems like the market is holding its own, even as prices tick upward.

Size and Space Matters

Now, let’s talk about what you’re actually getting for that price. The average home size in Richmond County measures about 1,598 square feet, which isn’t too shabby. For those keeping score at home, the average price per square foot for homes sits at $141. If you rewind the clock to March 2024, you’ll find that the price per square foot has climbed by 5.5%.

Days on the Market

You may be wondering how quickly homes are flying off the market. In March, homes took a median of 57 days to sell. This is an improvement compared to February’s median of 80 days. So, if you have your eye on a property, you might want to act quickly—just remember that the national median sits at 53 days, which means we’re just slightly behind the curve.

Fewer Listings to Choose From

228 homes were newly listed in March, marking a significant 16.2% decrease from the 272 new listings seen in March 2024. That just goes to show the competition heating up out there, which could also lead to more pressure on prices.

What’s Happening in the Area?

Augusta-Richmond County metro area is also seeing a rise in values, with the median home price hitting around $320,000, and the average size of homes in the area slightly larger at 2,020 square feet, with a list price of $161 per square foot.

Across Georgia, the statewide median home price is on an upswing as well, clocking in at $389,000. This reflects a gradual increase from February 2025. Nationwide, the median home price has reached $424,900, and the average home size across the U.S. is about 1,800 square feet.