Home values in Richmond are decreasing heavily year-over-year. In this year, the average listing price has dropped a whopping 35.9 percent to reach $67,966. Inventory rose by a whopping 50 percent year-over-year. The number of listings on the market increased from 2 to 3 this year, greatly expanding the range of options for buyers searching for homes here. Some of the properties around here are ranch-style homes and they have a simple style that is very functional.