Local Market0 views · 1 answer
How competitive is the Richmond-Berea housing market?
P
Primpted Housing Analyst
Updated monthly · Data through May 2026 · v264
- Sold Score
- 50/100
- YoY Fair Chance of Selling
- Pending ratio
- 0.57
- YoY contracts vs active
- Inventory YoY
- +0.1%
- YoY active listings
- Median DOM
- 54
- YoY days on market
- Price cuts
- 46.2%
- YoY of active listings
Richmond-Berea is competitive as of May 2026, with a Sold Score of 50/100 (Fair Chance of Selling).
**Pending ratio** is 0.57 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +11.7% — more choices for buyers than a year ago.
**Median days on market** is 54. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 46.2% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (May 2026): Sold Score: 50/100 (Fair Chance of Selling) · Pending ratio: 0.57 · Inventory YoY: +11.7% · Median days on market: 54 · Sellers cutting price: 46.2% · Median listing price: $329,900 (0.0% YoY)
Richmond-Berea snapshot
As of the latest 2026 data- Median listing
- $330K
- YoY 0.0%
- Active inventory
- 364
- YoY +0.1%
- Median DOM
- 54
- YoY +0.0%
- Pending ratio
- 0.57
- YoY -0.0%
- Price-reduced
- 22.5%
- YoY +0.0%