Commercial Real Estate Market in Richmond Heights, MO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
7 active listings and 4 off-market properties in Richmond Heights, MO.
Market Trends
Richmond Heights, MO spans 2.4 square miles in St. Louis County, Missouri. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Richmond Heights, MO asks $81/SF to buy. Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Retail
Retail space in Richmond Heights, MO asks $96/SF to buy. Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Richmond Heights, MO runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily space in Richmond Heights, MO asks $103/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Richmond Heights, MO has 9,660 residents in 4,917 households. Density runs 4,082 people per square mile. Median household income here is $86,667 and median gross rent $1,216 a month.
9,660
Population
4,917
Households
2
Avg Household Size
37
Median Age
74%
College-Educated
99%
High-School Grad
2.4 sq mi
ZIP Area
4,082
Density / Sq Mi
$86,667
Median Household Income
$59,872
Median Earnings
$1,216
Median Rent
$330,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Clayton | $100 (county avg) | $27.38 |
| University City | $100 (county avg) | — |
| Brentwood | $100 (county avg) | — |
| Maplewood | $100 (county avg) | — |
Commercial property in Richmond Heights, MO asks $100/SF. The 4 bordering markets run from $100/SF in Clayton to $100/SF in Clayton, and the city sits in line with their $100/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Richmond Heights?
Commercial property in Richmond Heights, MO asks an average of $100 per square foot. Multifamily carries the highest asking price at $103/SF.
How does Richmond Heights compare to nearby markets on price?
Richmond Heights, MO asks $100/SF against $100/SF in Clayton, $100/SF in University City, $100/SF in Brentwood and $100/SF in Maplewood.
Where does Realmo's Richmond Heights market data come from?
Realmo compiles Richmond Heights, MO figures from 5 active sale listings, 2 active lease listings, 4 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 2 active for-lease listings in Richmond Heights, MO. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
