Richmond, TX
Housing market overview · Updated weekly
$355,000median sale price
Homes sold
7
Last 12 weeks
Days on market
129
Average pace
Active listings
39
5.6 months supply
Sale-to-list
91.7%
Below asking
The Richmond housing market is currently classified as a buyer's market with a median sale price of $355,000. Prices have risen 13.2% compared to last year, with homes spending an average of 129 days on market, indicating 5.6 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Richmond
There are currently 39 homes listed for sale in Richmond, Texas. The median listing price is $325K.
Active listings
39
Homes on market
Median list price
$325K
Avg. days on market
129
Days until sale
New this week
19
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 $355,000, up 13.2% from last year.
How long do homes stay on market in Richmond?
Homes typically spend 129 days on market before going under contract.
Is Richmond a buyer's or seller's market?
With 5.6 months of supply, Richmond is currently a buyer's market.
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