Richmond Homes under $250,000

Richmond Homes under $250,000

Welcome to Richmond, Kentucky—a charming city nestled in the heart of Madison County, where Southern hospitality meets a vibrant community spirit. Richmond is steeped in history and culture, making it an ideal place to call home. Known for its picturesque landscapes and friendly neighborhoods, this city offers a unique blend of small-town charm and modern conveniences.

Richmond is home to Eastern Kentucky University, which adds a youthful energy to the area, along with a variety of local shops, restaurants, and recreational activities. Whether you’re exploring the beautiful parks, enjoying the local arts scene, or indulging in the delicious culinary offerings, there’s always something to do in Richmond.

For those seeking affordable housing options, Richmond has a fantastic selection of homes priced under $250,000. This makes it an excellent choice for first-time homebuyers, families, or anyone looking to downsize without sacrificing quality of life. From cozy single-family homes to charming townhouses, you’ll find a diverse array of properties that cater to various lifestyles and needs.

Imagine settling into your new home, surrounded by the warmth of a welcoming community and the beauty of the Bluegrass region. With its affordable housing market, Richmond offers an exceptional opportunity to invest in your future while enjoying the comforts of a well-connected city. Don’t miss the chance to discover your dream home in this delightful part of Kentucky!

Newest Richmond Homes under $250,000

134 Oliver Dr, Richmond
$215,000
3 Beds ⋅ 1 Baths ⋅ 26028887 MLS
Hurry before its Gone. In this 3 Bedroom Brick Ranch Home sitting on a double Lot-- located only Minutes from Richmond and Berea. This Home has A large Living Rm, Eat in Kitchen. Also includes shed and double lot --Plenty of Room to grow a garden --Etc . Call today to start making your dreams come true

134 Oliver Dr, Richmond
406 Bond St, Richmond
$160,000
2 Beds ⋅ 1 Baths ⋅ 26028811 MLS
Opportunity awaits in this conveniently located home with plenty of potential! Situated on a spacious lot, this 2-bedroom home offers more room than meets the eye, including a partially finished basement ready for renovation and your personal touch. The standout feature is the detached two-car garage, offering excellent space for parking, storage, or hobbies. A covered back deck provides a great spot to relax and enjoy the backyard. While the home could benefit from some updating and improvements, it offers a solid starting point for someone looking to make it their own. Conveniently located near shopping, coffee shops, restaurants, and everyday amenities. With a little vision and TLC, this property could be transformed into a charming home with plenty of usable space! Estate sale being sold AS-IS. Buyers are welcome to conduct any inspections they deem necessary. Seller welcomes offers!

406 Bond St, Richmond
612 North St, Richmond
$155,000
3 Beds ⋅ 1 Baths ⋅ 26028578 MLS
Opportunity awaits near downtown Richmond! This 3 bedroom, 1 bath home offers approximately 1,100 square feet, engineered and hardwood flooring throughout, along with inviting outdoor spaces. A covered front porch welcomes you to the living room, with two bedrooms and a full bath situated to the right. The living room flows into the kitchen, which provides access to the primary bedroom and a screened in back porch overlooking the privacy - fenced backyard. A detached garage offers additional storage or workspace. With some TLC, this home could make a great personal residence or investment property. Estate sale; property is being sold As- Is. Buyer and Buyer's agent to verify square footage, lot size, school districts and any other information important to the purchase.

612 North St, Richmond
329 Bond St, Richmond
$249,900
3 Beds ⋅ 2 Baths ⋅ 26028534 MLS
An awesome all brick ranch home with vinyl trim on a very dry basement that has drywall finished ceilings plus there is a garage (has new garage door) and workshop area in the basement. Large living room/dining are, nice kitchen with a large island that has 6 chairs, cooktop range, built in oven, dishwasher and refrigerator, bedrooms have pretty hardwood floors. Double doors from the kitchen to the sunroom which leads to deck and private backyard. Three bedrooms and 2 full baths/one with walk in shower and laundry area has been moved to main floor from basement. The windows have been replaced a few years ago, new shingles 2026 plus there is a ramp at the front door and a patio with a crank out cover for shade when needed to sit and enjoy outside in front yard. The carpet in the living room has been taken up and new will be installed soon. Great location with easy access from EKU Bypass or Big Hill Ave.

329 Bond St, Richmond
213 Irvine View St, Richmond
$195,500
3 Beds ⋅ 2 Baths ⋅ 26028517 MLS
SELLER IS SELLING HOUSE AS IS. THIS HOUSE IS APPROVED FOR A SHORT SALE.. Charming 3-bedroom, 2-bath home located in the heart of downtown Richmond, close to shopping, dining, and local amenities. This property features a spacious backyard, along with both a welcoming front porch and a relaxing back porch—perfect for enjoying the outdoors. The home includes an electric heating system, updated plumbing that is only one year old, and a roof installed in 2025. The property is being sold as-is, and inspections are welcome.

213 Irvine View St, Richmond
213 Lancaster Ave, Richmond
$229,000
2 Beds ⋅ 2 Baths ⋅ 26028138 MLS
Historic character meets an exceptional walkable location at 213 Lancaster Ave! Believed to date to the late 1800s, this Richmond home offers a wonderful opportunity to bring new life to a property with a story to tell. Enjoy being within walking distance of Eastern Kentucky University and downtown Richmond. Outside, a large garden plot offers room to grow, while ample parking in the rear yard adds everyday convenience. The interior is ready for cosmetic updates, giving you the chance to refresh and personalize the home while honoring its historic character. A special opportunity for buyers who appreciate older homes, value location, and can envision the possibilities. Home is being sold as-is, with all inspections welcome.

213 Lancaster Ave, Richmond
3103 Old Kentucky Hwy 52, Richmond
$225,000
3 Beds ⋅ 1 Baths ⋅ 26027036 MLS
Beautifully updated Bedford Stone home offering modern improvements and single-story convenience in a prime county location. Featuring 3 bedrooms and 1 full bath, this home has been freshly painted with new flooring throughout. The kitchen boasts brand-new cabinetry and new appliances. Major system upgrades include a new HVAC system, a durable metal roof, and a newly installed vapor barrier with new insulation in the crawlspace. Exterior features include a spacious backyard, a attached 1-car carport, and a low-maintenance stone exterior. Unbeatable location—less than 5 minutes to town, right down the road from the fairgrounds, minutes to grocery shopping, and situated in a desirable county school district.

3103 Old Kentucky Hwy 52, Richmond
647 Woodside-Walk Trl, Richmond
$227,500
2 Beds ⋅ 2 Baths ⋅ 26028023 MLS
Don't miss this opportunity for affordable, one-level living in a desirable 55+ community! This welcoming, no-step condo offers the comfort and convenience of a home designed for easy living. Featuring two bedrooms, two full bathrooms, an eat-in kitchen, and a spacious living room. There's plenty of room to relax and feel right at home. Enjoy the ease of single-level living with no stairs to navigate, plus a convenient location just minutes from downtown, local hospitals, and I-75. Whether you're downsizing or simply looking for a low-maintenance lifestyle, this could be the perfect place to call home! Call today to schedule your private showing.

647 Woodside-Walk Trl, Richmond
1301 Squires Aly, Richmond
$229,900
3 Beds ⋅ 2 Baths ⋅ 26027710 MLS
Adorable new construction two-story home in a great East Main location! This spacious 3-bedroom, 1.5-bath home offers LVP flooring throughout, granite countertops, stainless steel appliances, and a bright, functional layout. Enjoy a flat lawn, rear patio, and private driveway. With stylish finishes, plenty of space, and a lot of home for the money, this one is a must-see! Why keep renting when you could own brand-new? Schedule your private showing today and come see everything this home has to offer before someone else calls it home!

1301 Squires Aly, Richmond
1030 E Main St, Richmond
$229,900
3 Beds ⋅ 2 Baths ⋅ 26027667 MLS
Adorable new construction two-story home in a great East Main location! This spacious 3-bedroom, 1.5-bath home offers LVP flooring throughout, granite countertops, stainless steel appliances, and a bright, functional layout. Enjoy a flat lawn, rear patio, and private driveway. With plenty of space and stylish finishes, this home offers a lot for the money and is ready for its first owner!

1030 E Main St, Richmond
105 Bennett Pl, Richmond
$177,900
3 Beds ⋅ 1 Baths ⋅ 26027555 MLS
Downtown Richmond living with space to spread out! This charming 3-bedroom, 1-bath home offers the perfect combination of location, and character! Inside, you'll find a welcoming layout and a kitchen featuring beautiful countertops! The unfinished walkout basement provides tons of possibilities - extra storage, a workshop, hobby space, or room to make your own. Outside, the large backyard is ready for summer cookouts, pets, gardening, or simply relaxing at home. Conveniently located near downtown Richmond, Arlington Golf Course, shopping, dining, and local amenities. Whether you're looking for your first home, your next home, or an investment opportunity - this one checks all the boxes!

105 Bennett Pl, Richmond
414 Wallace Ct, Richmond
$215,000
3 Beds ⋅ 2 Baths ⋅ 26026958 MLS
Adorable 3BR/1.5BA home nestled on a quiet cul-de-sac. The layout is functional and roomy yet cozy all at once, the kind of place that feels like visiting a good friend, or better yet, coming home. The living room features built-in shelving flanking a gas log fireplace, and the sizable formal dining room has plenty of space for holiday gatherings. It sits next to the well-equipped kitchen and a large utility room, with the washer and dryer included. Step out onto the updated deck overlooking a private backyard retreat that backs to a tree line and has privacy fencing. Down the hall are three generous bedrooms, a hall bath with a recently renovated Westshore Homes shower, and a primary suite with its own private half bath. It's just minutes from downtown but feels tucked away from it all: the best of both worlds, and convenient to everything.

414 Wallace Ct, Richmond
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