79 homes in Downtown Richmond
Homes for Sale in Downtown Richmond, Richmond
Downtown Richmond Market Snapshot
$513K
Median Price
$485
Avg $/Sq Ft
36
Avg Days on Market
12
New This Week
About Downtown Richmond, Richmond
Downtown Richmond is a sought-after neighborhood in Richmond, TN. Currently, there are 78 homes for sale in this area with a median listing price of $513K. The average price per square foot is $485.
Downtown Richmond Market Pulse
Median Home Price
$980K
↑ 84.2% over the past yearSales Velocity
How fast homes are selling
Homes are selling at a steady pace—buyers have some time, but competition exists.
Inventory Distribution
Homes are selling at a healthy pace—more listings move within 30 days than sit longer on the market.
Most homes are selling within a month, but a meaningful share is starting to linger longer.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $192K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 8 bedrooms (+$404K)
Nearby Neighborhoods in Richmond
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