Major Market Area

Richmond Homes

From May 27th, 2024 through November 23rd, 2024

Units Sold:

1,415

Average Sold Price:

$336,815

Average Sold Discount:

4%

Average Price Reduction:

2%

Average DOM:

51

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

Fulshear-Simonton

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Fulshear-Simonton-2
Fulshear-Simonton-3

Active:

763

Average Space:

2,803 SF

Average Price:

$579,284

Average $/SF:

$208

Fulshear-Simonton

Sugar Land

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Active:

1,107

Average Space:

3,137 SF

Average Price:

$693,982

Average $/SF:

$205

Sugar Land

Rosenberg

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Active:

999

Average Space:

2,375 SF

Average Price:

$400,073

Average $/SF:

$170

Rosenberg

Alief

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Alief-3

Active:

1,020

Average Space:

1,952 SF

Average Price:

$294,041

Average $/SF:

$147

Alief

South Katy

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Active:

1,560

Average Space:

2,966 SF

Average Price:

$563,370

Average $/SF:

$189

South Katy

Memorial

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Active:

1,221

Average Space:

2,967 SF

Average Price:

$1,062,515

Average $/SF:

$266

Memorial

Total Active Listings

728

Average List Price

$528,981

Average Home Size

2,753SQFT

Average Price per SQFT

$188

Price Range Distribution

Number of homes per price range in Richmond

Price Ranges

less than $299k (52)
$299k - $502k (799)
$503k - $706k (268)
$707k - $910k (75)
$911k - $1,114k (24)
$1,115k+ (66)

Frequently asked questions

As of October 11th 2024 there are 728 homes listed for sale in Richmond.

The average list price in Richmond is currently $528,981, and the majority of available homes are priced between $365,000 and $536,250. Last updated October 11th 2024.

The average time on the market in Richmond is 74 days, which is a strong market...but not necessarily hot.

As of October 11th 2024, there are 165 new homes listed for sale in Richmond

As of October 11th 2024, the average home on the market in Richmond was built in 2013.

Richmond by bedrooms

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