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Featured local agent — Richland, TX
Sarah Mitchell
Compass Real Estate · Richland, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Richland, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$150,000median sale price
How is the Richland, TX housing market right now?
The median home sale price in Richland, TX is $150,000. Homes sell in an average of 63 days with 2 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of January 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Richland a buyer's or seller's market?
Richland, TX is currently a balanced market, based on 2.0 months of supply and homes selling in about 63 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
63
Average pace
Active listings
2
2.0 months supply
Sale-to-list
100.0%
Above asking
What does the Richland housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $150,000 |
| Average days on market | 63 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $144/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Richland by property type?
How the Richland, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $150,000 | $144/sq ft | 1 | 63 days |
Source: Redfin · Updated monthly
The Richland housing market is currently classified as a balanced market with a median sale price of $150,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 63 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.5x provides context for how home values compare to local earning capacity.
Homes for sale in Richland
There are currently 2 homes listed for sale in Richland, Texas.
Active listings
2
Homes on market
Avg. days on market
63
Days until sale
Who lives in Richland?
Population
354
Median income
$53,750/yr
Median age
48.5 years
Owner-occupied
83.2%
College grads
21.4%
Avg commute
32.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Richland?
Zillow home value
$244,118
Price-to-income
4.5x
Source: Zillow Research
What is it like to live in Richland?
Richland is a community of approximately 0K residents with a median age of 48.5 years.The median household income is $53,750, which represents a working-class community with solid middle-income opportunities. 21.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 83.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Richland offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Richland, TX?
Want a head-to-head view? Compare Richland side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Richland?
The median home sale price in Richland is $150,000, down 0.0% from last year.
How long do homes stay on market in Richland?
Homes typically spend 63 days on market before going under contract.
What is the median income in Richland?
The median household income is $53,750 per year.
Is Richland a buyer's or seller's market?
With 2.0 months of supply, Richland is currently a balanced market.
What is the Zillow home value estimate for Richland?
The Zillow Home Value Index (ZHVI) for Richland is $244,118, representing the typical home value in the area.
How much does a single-family home cost in Richland?
The median single-family home price in Richland, TX is $150,000 (about $144 per square foot).
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