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Is Richwoods, MO 63071 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Richwoods is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list99.1%Sold price ÷ list price
Median days on market29Listing to accepted offer
Median price per sq ft$188▲ +4.0% vs. last year

The Richwoods housing market right now

In the three months ending August 31, 2026, 50% of homes in Richwoods, MO 63071 sold above their list price and the typical home went under contract in 29 days. With only 4 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold about as fast and the median sale price rose 43% to $293,373. Overall, Richwoods is more competitive than a year ago, so tougher for buyers.

Within Washington County, homes here sell faster than in 80% of the county’s ZIP codes, and sell more often over asking than in 80%.

Nearby, buyers who want less competition could look at Mineral Point 63660 (0% sold over asking) or Irondale 63648 (0% sold over asking), while Blackwell 63626 (100% sold over asking) is even more competitive.

Run the numbers for 63071

Prefilled for 63071Can I win this house?Multiple-offer likelihood for a listing Prefilled for 63071Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Belgrade 63622 — /sq ftBlackwell 63626 $117 /sq ftCadet 63630Balanced $152 /sq ftCaledonia 63631 — /sq ft Browse all markets →

Towns like Richwoods nearby

Find towns like Richwoods in other states →
Irondale, MO63648 · 23 miles away75% similarlarger · younger residents Steelville, MO65565 · 31 miles away72% similarpricier homes ($41K more) · larger Mineral Point, MO63660 · 17 miles away69% similarlarger · younger residents Leasburg, MO65535 · 26 miles away69% similaryounger residents · more homeowners

Where Richwoods is

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Questions about Richwoods real estate

How fast do homes sell in Richwoods?

The typical home went under contract in 29 days in the latest three months.

Do homes in Richwoods sell over asking?

50% 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 Richwoods?

About 0.56% of a home’s value a year in Washington County, or roughly $2,240 on a $400,000 home.

What is the median home price in Richwoods?

The median sale price was $293,373 in the three months ending August 31, 2026, about $188 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