Major Market Area

Richmond Homes

From July 28th, 2024 through January 24th, 2025

Units Sold:

760

Average Sold Price:

$384,690

Average Sold Discount:

4%

Average Price Reduction:

2%

Average DOM:

55

Richmond Market Trends
Major Markets

About Richmond

The Richmond market area in Houston offers a diverse range of homes, with 728 active listings averaging $528,981. Home sizes vary from 977 to 11,599 sq ft, while lot sizes range from 2,825 to 939,589 sq ft. With properties built between 2007 and 2022, it's a great time to buy or sell in this vibrant community!

Richmond, part of the Houston market area, presents a delightful blend of affordability, convenience, and a welcoming community. This area offers a range of housing options from luxury estates to cost-effective apartments, catering to diverse lifestyle needs and budgets. A strong school system further enhances its appeal for families.

Its proximity to downtown Houston and IAH makes Richmond a desirable location for individuals who travel frequently or commute for work. Additionally, with its abundance of retail establishments and recreational areas, Richmond ensures a balanced lifestyle, combining both work and play.

Nearby Major Markets

South Katy

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South Katy-3

Active:

1,501

Average Space:

2,970 SF

Average Price:

$567,639

Average $/SF:

$190

South Katy

Fulshear-Simonton

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Fulshear-Simonton-1
Fulshear-Simonton-2
Fulshear-Simonton-3

Active:

799

Average Space:

2,763 SF

Average Price:

$560,083

Average $/SF:

$200

Fulshear-Simonton

Sugar Land

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Sugar Land-1
Sugar Land-2
Sugar Land-3

Active:

1,070

Average Space:

3,158 SF

Average Price:

$704,900

Average $/SF:

$206

Sugar Land

Alief

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Alief-1
Alief-2
Alief-3

Active:

998

Average Space:

1,961 SF

Average Price:

$302,546

Average $/SF:

$150

Alief

Rosenberg

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Rosenberg-1
Rosenberg-2
Rosenberg-3

Active:

965

Average Space:

2,367 SF

Average Price:

$400,237

Average $/SF:

$171

Rosenberg

Memorial

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Memorial-1
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Active:

1,167

Average Space:

2,948 SF

Average Price:

$1,060,725

Average $/SF:

$271

Memorial

Total Active Listings

716

Average List Price

$529,395

Average Home Size

2,762SQFT

Average Price per SQFT

$188

Price Range Distribution

Number of homes per price range in Richmond

Price Ranges

less than $303k (63)
$303k - $506k (773)
$507k - $710k (269)
$711k - $914k (66)
$915k - $1,118k (23)
$1,119k+ (65)

Frequently asked questions

As of January 15th 2025 there are 716 homes listed for sale in Richmond.

The average list price in Richmond is currently $529,395, and the majority of available homes are priced between $365,000 and $550,000. Last updated January 15th 2025.

At an average days on market of 144, Richmond is more of a balanced market - where most homes would sell in about six months.

As of January 15th 2025, there are 186 new homes listed for sale in Richmond

As of January 15th 2025, the average home on the market in Richmond was built in 2013.

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