New Listing
13
$194,300
19922 Shore Meadows Ln
Richmond, TX 77407
4 bd2 ba1,990 sqft$98/ft²
House5,615 sqft lot
Kevin Mathew · Texas Signature Realty
View photos & details
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Sarah Mitchell
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Compass Real Estate · Richmond, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Richmond, TX(512) 555-0184TX License #0512847
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Richmond, TX Housing Market & Real Estate
Buyer's market+6.9% YoY
Housing market overview · Updated monthly ·
$360,000median sale price
How is the Richmond, TX housing market right now?
The median home sale price in Richmond, TX is $360,000, up 6.9% year-over-year. Homes sell in an average of 34 days with 56 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Richmond a buyer's or seller's market?
Buyer's market8.0 months of supply34 avg. days on market
Richmond, TX is currently a buyer's market, based on 8.0 months of supply and homes selling in about 34 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
34
Average pace
Active listings
56
8.0 months supply
Sale-to-list
98.4%
Below asking
What does the Richmond housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $360,000 |
| Median list price | $369,500 |
| Year-over-year price change | +6.9% |
| Average days on market | 34 days |
| Active inventory | 56 listings |
| Months of supply | 8.0 months |
| Sale-to-list price ratio | 98.4% |
| Median price per sq ft | $159/sq ft |
| Homes sold (latest month) | 7 |
| New listings (latest month) | 16 |
| Listings with a price cut | 21.4% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Richmond by property type?
How the Richmond, 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 | $360,000 | $159/sq ft | 7 | 34 days |
| Townhouse | $276,000 | $148/sq ft | 1 | 7 days |
Source: Redfin · Updated monthly
The Richmond housing market is currently classified as a buyer's market with a median sale price of $360,000. Prices have risen 6.9% compared to last year, with homes spending an average of 34 days on market, indicating 8.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 5.6x provides context for how home values compare to local earning capacity.
Homes for sale in Richmond
There are currently 56 homes listed for sale in Richmond, Texas. The median listing price is $370K. Featured listings range from $194,300 to $614,050.
New Listing
27
$235,000
627 Stonewall Dr
Richmond, TX 77469
3 bd2 ba1,419 sqft$166/ft²
House6,987 sqft lot
Jennifer Blackmer · Prime Properties
View photos & details
New BuildPrice Drop −$27K
2
$269,360
1232 Mercantile St
Richmond, TX 77406
2 bd2 ba1,231 sqft$219/ft²
Townhouse
View photos & details
New Build
25
$298,000
1334 Mercantile St
Richmond, TX 77406
2 bd2 ba1,225 sqft$243/ft²
Townhouse
View photos & details
New BuildPrice Drop −$34K
2
$344,890
1308 Mercantile St
Richmond, TX 77406
3 bd2 ba1,599 sqft$216/ft²
Townhouse
View photos & details
New BuildPrice Drop −$36K
$362,180
3327 Verdant Ln
Richmond, TX 77406
3 bd3 ba2,034 sqft$178/ft²
House
View photos & details
New BuildPrice Drop −$36K
2
$366,730
3354 Verdant Ln
Richmond, TX 77406
3 bd3 ba1,711 sqft$214/ft²
House
View photos & details
New BuildPrice Drop −$39K
31
$394,030
3410 Nourish Ln
Richmond, TX 77406
4 bd4 ba2,373 sqft$166/ft²
House
View photos & details
New Listing
21
$399,500
3310 Little Farms Ct
Richmond, TX 77406
4 bd4 ba2,614 sqft$153/ft²
House9,849 sqft lot
Norbert Rivera · Keller Williams Memorial
View photos & details
New Build
2
$444,233
10802 Starlight Ln
Richmond, TX 77469
4 bd3 ba2,210 sqft$201/ft²
House
View photos & details
New Listing
41
$538,000
10418 Pladdawa Ln
Richmond, TX 77407
5 bd4 ba3,470 sqft$155/ft²
House11,583 sqft lot
Jamie Kastens · Keller Williams Realty Southwest
View photos & details
New Build
2
$614,050
31 Savory Saute Dr
Richmond, TX 77406
4 bd3 ba2,381 sqft$258/ft²
House
View photos & details
Looking to buy in Richmond?
Get connected with a local real estate expert — free, no obligation.
Active listings
56
Homes on market
Median list price
$370K
Avg. days on market
34
Days until sale
New this week
16
Newly listed
Price drops:21.4%of listings
Sale-to-list:98.4%
Who lives in Richmond?
Population
12,117
Median income
$68,564/yr
Median age
34.7 years
Owner-occupied
60.1%
College grads
20.3%
Avg commute
27 min
Source: U.S. Census Bureau ACS
What are homes worth in Richmond?
Zillow home value
$381,154
Zillow rent index
$1,788/mo
Price-to-rent ratio
17.8x
Price-to-income
5.6x
Source: Zillow Research
What is it like to live in Richmond?
Richmond is a community of approximately 12K residents with a median age of 34.7 years.The median household income is $68,564, which represents a working-class community with solid middle-income opportunities. 20.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 60.1%, showing a blend of owner and renter-occupied properties. The average commute time is 27 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Richmond offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Richmond?
40 schools tracked · 41,315 students
The largest public schools serving Richmond, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
WILLIAM B TRAVIS H S
Grades 9-12 · 3,142 students
FOSTER H S
Grades 9-12 · 2,579 students
GEORGE BUSH H S
Grades 9-12 · 2,394 students
GEORGE RANCH H S
Grades 9-12 · 2,384 students
BRISCOE JH
Grades 6-8 · 1,962 students
DR THOMAS E RANDLE H S
Grades 9-12 · 1,783 students
READING JH
Grades 6-8 · 1,538 students
JAMES BOWIE MIDDLE
Grades 6-8 · 1,472 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Richmond, TX?
Want a head-to-head view? Compare Richmond side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Richmond?
Is Richmond a good real estate investment market?
For investors evaluating Richmond, the price-to-rent ratio of 17.8x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 6.9% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Richmond's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Richmond's median home price.
Frequently asked questions
What is the average home price in Richmond?
The median home sale price in Richmond is $360,000, up 6.9% from last year.
How long do homes stay on market in Richmond?
Homes typically spend 34 days on market before going under contract.
What is the median income in Richmond?
The median household income is $68,564 per year.
Is Richmond a buyer's or seller's market?
With 8.0 months of supply, Richmond is currently a buyer's market.
How many homes are for sale in Richmond?
There are currently 56 homes listed for sale in Richmond, TX.
What is the Zillow home value estimate for Richmond?
The Zillow Home Value Index (ZHVI) for Richmond is $381,154, representing the typical home value in the area.
How much does a single-family home cost in Richmond?
The median single-family home price in Richmond, TX is $360,000 (about $159 per square foot).
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