Richmond, CA Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Richmond, CA is $632,500, down 9.6% year-over-year. Homes sell in an average of 27 days with 125 active listings. The market is currently a seller's market.
$632,500median sale price
Homes sold
60
Last 12 weeks
Days on market
27
Average pace
Active listings
125
2.1 months supply
Sale-to-list
101.6%
Above asking
Richmond, CA market data
| Metric | Value |
|---|---|
| Median sale price | $632,500 |
| Median list price | $557,000 |
| Year-over-year price change | -9.6% |
| Average days on market | 27 days |
| Active inventory | 125 listings |
| Months of supply | 2.1 months |
| Sale-to-list price ratio | 101.6% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Richmond housing market is currently classified as a seller's market with a median sale price of $632,500. Prices have fallen 9.6% compared to last year, with homes spending an average of 27 days on market, indicating 2.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Richmond
There are currently 125 homes listed for sale in Richmond, California. The median listing price is $557K.
Active listings
125
Homes on market
Median list price
$557K
Avg. days on market
27
Days until sale
New this week
64
Newly listed
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Frequently asked questions
What is the average home price in Richmond?
The median home sale price in Richmond is $632,500, down 9.6% from last year.
How long do homes stay on market in Richmond?
Homes typically spend 27 days on market before going under contract.
Is Richmond a buyer's or seller's market?
With 2.1 months of supply, Richmond is currently a seller's market.
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