Richmond, Missouri.
Typical home $236,014 (+2.7% in a year). Kansas City, MO-KS metro.
to buy the typical home at today's mortgage rate — +$736 (+147%) since Jan 2020.
- 1 year
- Up $6,225 +3%
- $229,789$236,014 since Sep 2025
- 5 years
- Up $61,528 +35%
- $174,486$236,014 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Richmond$1,239
- Missouri$1,393
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 11 years.
Typical home values in Richmond, MO rose 2.7% over the past year — faster than the nation's +1.2%.
Living in Richmond, Ray County, Missouri
Richmond is a city of 6,013 people in Ray County. Half its households earn more than $59,556 a year and half less, against $74,573 across Ray County; 16% of its people live below the poverty line. 57% of its homes are lived in by their owners and 43% are rented. Unemployment in Ray County was 3.8% in August 2026, and the county had 0.7% more jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Richmond is a small city and the seat of Ray County, Missouri. Residents are somewhat older than in many towns, and incomes run below the county's, with a fair number of households living under the poverty line. More homes are lived in by their owners than rented, and few adults hold a four-year degree. Winters are cold and summers warm, with rain and melted snow spread through the year.
Work. Many residents work in schools, hospitals and social care, with manufacturing, retail and other services close behind. Some of the larger workplaces in Richmond are Walmart, the Richmond R-XVI school district and Ray County Memorial Hospital. Commutes tend to be long, and very few people work from home.
Things to do. A short drive away, the Battle of Lexington State Historic Site is a museum and historic site, and the Crooked River is a river good for a quiet afternoon outdoors. Dougherty Auditorium is a museum in or beside town. For a longer outing, the Harry S. Truman Presidential Library and Museum is a longer drive away.
Report a mistake
- 2,662households
- 13%of adults have a degree
- 16%below the poverty line
- 35 mintypical commute
- 2%work from home
What residents work in
Employed residents by industry, from the Census survey. Ray County had 4,035 jobs in 2025, 0.7% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 38° and lows near 15°; warmest in July, with highs near 87° and lows near 66°. About 42 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Richmond 3S weather station, 2 miles away (NOAA).
Largest workplaces in Richmond
- WalmartWarehouse clubs and supercenters263
- Richmond R-xvi SchoolsSchool district213FTE
- RAY County Memorial HospitalCritical access hospital181FTE
- Ideal IndustriesSheltered workshops80
- RichmondMail and parcel delivery23
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 3 workplaces with 20 or more staff, 366 people in all. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Cold wavesRelatively high
- Winter weatherRelatively high
- TornadoesRelatively high
- Ice stormsRelatively moderate
- HailRelatively moderate
- Heat wavesrelatively high in parts of RichmondRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Richmond’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Ray County and the Kansas City, MO-KS metro.
Richmond home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Richmond$236,014
- Missouri$265,387
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Richmond listings — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Richmond34.09%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Richmond51
New listings per month
Sellers arriving at the market.
- Richmond16
Zip codes with a Richmond address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Richmond — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.