Market Overview
Home Prices in Richmond Hill, GA
The median home value in Richmond Hill, GA is $424,122 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.8% compared to a year ago and up 1.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Richmond Hill are priced3% above average. Richmond Hill is part of the Savannah, GA metro area.
Over the past five years, Richmond Hill home values have risen by approximately37.6%, reflecting strong long-term appreciation in this market.
Price History
Richmond Hill Home Price Trend
City Comparison
Richmond Hill vs. National Median
At $424,122, homes in Richmond Hill cost 3% above the national median of $410,000. Buyers in Richmond Hill should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Richmond Hill?
20% Down Payment
$84,824
on $424,122
Monthly P&I
$2,212/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,809/mo
incl. taxes & insurance
Income Needed
$112,360
gross annual (30% rule)
10% Down Option
$42,412
+ PMI applies
Loan Amount (20% dn)
$339,298
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Richmond Hill, GA?
The median home value in Richmond Hill is $424,122 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.8% year-over-year.
How much have home prices changed in Richmond Hill?
Over the past year, home values in Richmond Hill have decreased by 1.8%. Over five years, prices have risen approximately 37.6%.
How much do I need to earn to buy a home in Richmond Hill?
To comfortably afford the median home price of $424,122 with a 20% down payment ($84,824) at today's rates (6.8%), you'd need a gross annual income of approximately $112,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Richmond Hill compare to the national average home price?
The national median home value is approximately $410,000. At $424,122, homes in Richmond Hill are 3% above the national average.
What metro area is Richmond Hill part of?
Richmond Hill is part of the Savannah, GA metropolitan area. Home prices and market conditions can vary across the broader metro region.