40475 Home Values & Market Trends
There are 518 homes currently listed for 40475. 40475 real estate market trends show that home prices range from $50,000 to $1,125,000, and the median sales price in the 40475 zip code is $300,527. The total number of properties sold within the past twelve months is 626. In 40475, 2 properties are in foreclosure, 2 are bank owned properties,and 0 are headed for auction.
40475 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Richmond | $ 300,527 $ 187/sqft |
Housing Market Summary for 40475
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $293.5K | $277.5K | -5.45% |
| Median Sold Price | $267.2K | $254.4K | -4.78% |
| Homes For Sale | 348 | 499 | 43.39% |
| Homes Sold | 146 | 150 | 2.74% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 40475
Browse Homes in 40475
The median list price of a home in Richmond, is $300,527. A total of 518 properties are for sale, and the percentage of properties for sale in the zip code is 518.00%. The total count of 40475 properties is 669.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 40475 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 40475; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 40475 ranges from the highest value of $744,351 in richmond to the lowest value of $120,863 in richmond. Bank owned homes and properties account for 0.30% of properties in 40475. There is 1 cities within 40475; richmond containing 2 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 40475. Auction homes and other auction properties account for 0% of all properties in 40475. There is 1 cities within 40475; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for 40475
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.