Is Richmond Hill, GA 31324 a buyer’s or seller’s market?
Richmond Hill is a seller’s market. With about 2.6 months of supply and 15% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 45% of U.S. ZIP codes, and #56 of 371 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Richmond Hill housing market right now
In the three months ending August 31, 2026, 15% of homes in Richmond Hill, GA 31324 sold above their list price, the typical home went under contract in 56 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 321 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (14% then), homes sold faster (77 days then) and the median sale price rose 3% to $449,805. Overall, Richmond Hill is more competitive than a year ago, so tougher for buyers.
On our competition score, Richmond Hill ranks #56 of 371 GA ZIP codes with enough sales (score 45 out of 100).
Nearby, buyers who want less competition could look at Pembroke 31321 (7% sold over asking), while Ellabell 31308 (17% sold over asking) is even more competitive.
Run the numbers for 31324
Nearby markets
Ellabell 31308Balanced $189 /sq ftPembroke 31321Balanced $181 /sq ft Browse all markets →Towns like Richmond Hill nearby
Find towns like Richmond Hill in other states →Where Richmond Hill is
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Questions about Richmond Hill real estate
Is Richmond Hill a buyer’s or seller’s market?
A seller’s market: there were 2.6 months of supply in Richmond Hill, GA 31324 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Richmond Hill?
The typical home went under contract in 56 days in the latest three months.
Do homes in Richmond Hill sell over asking?
15% of homes sold above their original list price, and the typical sale closed at 99.1% of the list price.
What are property taxes in Richmond Hill?
About 0.78% of a home’s value a year in Bryan County, or roughly $3,120 on a $400,000 home.
What is the median home price in Richmond Hill?
The median sale price was $449,805 in the three months ending August 31, 2026, about $197 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology