Is Richland, MO 65556 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Richland is a seller’s market. With about 3.4 months of supply and 20% 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.

Competition score54/ 100

More competitive than 55% of U.S. ZIP codes, and #145 of 263 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

Months of supply3.4Under 4 months = seller’s market
Sold above original list20%Share of sales, last 3 months
Median sale-to-list99%Sold price ÷ list price
Median days on market28Listing to accepted offer
Median price per sq ft$146▲ +11.0% vs. last year

The Richland housing market right now

In the three months ending August 31, 2026, 20% of homes in Richland, MO 65556 sold above their list price, the typical home went under contract in 28 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 15 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 18%, homes sold faster (32 days then) and the median sale price rose 54% to $230,400. Overall, Richland is more competitive than a year ago, so tougher for buyers.

Within Pulaski County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell less often over asking than in 60%. On our competition score, Richland ranks #145 of 263 MO ZIP codes with enough sales (score 54 out of 100).

Nearby, buyers who want less competition could look at Duke 65461 (0% sold over asking), while Saint Robert 65584 (36% sold over asking) and Laquey 65534 (33% sold over asking) are even more competitive.

Nearby markets

Crocker 65452Seller’s market $130 /sq ftDevils Elbow 65457 — /sq ftDuke 65461 $154 /sq ftLaquey 65534Balanced $174 /sq ft Browse all markets →

Where Richland is

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Questions about Richland real estate

Is Richland a buyer’s or seller’s market?

A seller’s market: there were 3.4 months of supply in Richland, MO 65556 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 Richland?

The typical home went under contract in 28 days in the latest three months.

Do homes in Richland sell over asking?

20% of homes sold above their original list price, and the typical sale closed at 99.0% of the list price.

What are property taxes in Richland?

About 0.61% of a home’s value a year in Pulaski County, or roughly $2,440 on a $400,000 home.

What is the median home price in Richland?

The median sale price was $230,400 in the three months ending August 31, 2026, about $146 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