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Median Home Price in Richmond, KY

The median home value in Richmond, KY is $303,364 as of 2026-06-30, up 1.58% from a year earlier.

Median Home Value

$303,364

Year-over-Year

+1.58%

Population

38,072

Richmond ranks #16 of 66 Kentucky cities tracked here by median home value, and sits 23.6% above the state's city median of $245,454. It sits in Madison County, where the county-wide median is $287,062.

Crime in Richmond

Richmond police recorded a violent crime rate of 215 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 1,973 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Richmond

How much does a house cost in Richmond, KY?

The median home value in Richmond is $303,364. That's up 1.58% from a year earlier. That is about 23.6% above the typical county in Kentucky.

Is Richmond expensive compared to the surrounding area?

Homes in Richmond are more expensive than Madison County as a whole, where the median is $287,062 — a difference of about 5.7%.

Is Richmond a safe place to live?

Richmond police reported 215 violent crimes per 100,000 residents, covering a population of about 38,072. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.