With only 1.0 months of inventory, Richburg remains a seller's market. The median home price in Richburg currently stands at $244,900. At the current pace, all available homes in Richburg would sell out in just 1.0 months, indicating a continued supply shortage. Homes are taking about 203 days to sell, which is 0 days longer than this time last year. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Richburg market with the affordability index at 3160.0. Based on current market indicators, home prices in Richburg are projected to decrease by approximately 9.0% over the next month.
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