Market Intelligence · GA / Richmond Hill

Richmond Hill, GA 31324 Housing Market

The typical home value in Richmond Hill, GA 31324 is $420,297, down 1.5% over the past year as of September 2026. The median list price is $464,450, and homes are spending a median of 73 days on the market.

Updated September 2026Median value$420K

The median home value in Richmond Hill, GA 31324 is $420K as of September 2026, down 1.5% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 31324 range

$387K to $454K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-1.5% over 12 months

Sep 2025$427K

Low $420KHigh $427K

Sep 2026$420K

The numbers

What is the 31324 housing market like?

As of September 2026

Typical home value

$420K

1.5%YoY

Median list price

$464K

3.2%MoM

Days on market

2.8%MoM

Homes for sale

217

2.8%MoM

Price cuts

19.3%

3.2%MoM

New listings

16.7%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

31324 housing market forecast 2027

-0.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 31324 to stay roughly flat by September 2027 (down 0.4%).

Over the 12 months through September 2026, typical home values in 31324 fell 1.5%, per the Zillow Home Value Index.

Will home prices drop in 31324?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 31324 to stay roughly flat by September 2027 (down 0.4%), after a 1.5% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 31324 home prices compare?

31324$420,297
Richmond Hill$420,297
Georgia$254,643
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Richmond Hill: 1 ZIP; Georgia: 664 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 217 homes for sale in Richmond Hill, GA 31324, with 70 new listings coming on the market. The median list price of $464,450 sits above the typical home value of $420,297, and values are down 1.5% over the past year. A median of 73 days on market means buyers are taking their time, and 19.3% of listings have had a price cut. For a seller, the honest read is that pricing right from the start matters more than testing the market high.

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Common questions

What people ask us.

How much is a home in 31324 worth?

The typical home value in Richmond Hill, GA 31324 is $420,297 as of September 2026, down 1.5% over the past year.

How fast do homes sell in 31324?

Homes in 31324 are spending a median of 73 days on the market as of September 2026.

Are sellers cutting prices in 31324?

Yes. As of September 2026, 19.3% of listings in Richmond Hill, GA 31324 have had a price cut.

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