Richmond Research, Pricing, and Statistics
Units Sold:
1,289
Average Sold Price:
$449,305
Average Sold Discount:
4%
Average Price Reduction:
2%
Average DOM:
54
Richmond, part of the Greater Houston area, offers a diverse housing market with 1,174 active listings. Prices range from $175,000 to $3,990,000, with an average list price of $533,957. Homes vary in size from 880 to 11,599 sq ft, making it a great place for buyers and sellers alike.
Active Listings
1,179
Average List Price
$534,271
Typical List Price
$365k to $568k
Homes Listed per Price Range
A visual list price spectrum representation
| $2kto$202k | $202kto$401k | $401kto$600k | $600kto$800k | $800kto$999k | $999kto$1.2M | $1.2Mto$1.4M | $1.4Mto$1.6M | $1.6Mto$1.8M | $1.8Mto$2.0M | $2.0Mto$2.2M | $2.2Mto$2.4M | $2.4Mto$2.6M | $2.6Mto$2.8M | $2.8Mto$3.0M | $3.0Mto$3.2M | $3.2Mto$3.4M | $3.4Mto$3.6M | $3.6Mto$3.8M | $3.8Mto$4.0M | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 4 | 462 | 482 | 126 | 45 | 10 | 15 | 6 | 6 | 4 | 3 | 6 | 2 | 3 | 1 | 2 | 1 | 2 | ||
Sold Listings
1,289
Average Selling Price
$449,305
Typical Selling Price
$330k to $512k
Homes Sold per Price Range
A visual sold price spectrum representation
| $25kto$146k | $146kto$268k | $268kto$389k | $389kto$510k | $510kto$631k | $631kto$753k | $753kto$874k | $874kto$995k | $995kto$1.1M | $1.1Mto$1.2M | $1.2Mto$1.4M | $1.4Mto$1.5M | $1.5Mto$1.6M | $1.6Mto$1.7M | $1.7Mto$1.8M | $1.8Mto$2.0M | $2.0Mto$2.1M | $2.1Mto$2.2M | $2.2Mto$2.3M | $2.3Mto$2.5M | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 10 | 76 | 523 | 352 | 162 | 87 | 39 | 12 | 13 | 2 | 1 | 3 | 4 | 2 | 2 | 2 | ||||
Average Sold Price per Sq Ft
$187
Typical Sold Price per Sq Ft
$158 to $203
Number of Homes Sold by Sold Price per Square Foot
Breaking down the market by $/SF ranges
| $64to$80 | $80to$96 | $96to$112 | $112to$128 | $128to$144 | $144to$160 | $160to$176 | $176to$192 | $192to$208 | $208to$224 | $224to$240 | $240to$256 | $256to$272 | $272to$289 | $289to$305 | $305to$321 | $321to$337 | $337to$353 | $353to$369 | $369to$385 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1 | 4 | 13 | 34 | 134 | 233 | 291 | 270 | 162 | 72 | 23 | 4 | 6 | 2 | 2 | 3 | 1 | 1 | 3 | |
Average Days to Sell
54
Typical Days to Sell
8 to 72
Days on the Market Distribution
The number of homes sold in each DOM range
| to37 | 37to74 | 74to111 | 111to148 | 148to185 | 185to222 | 222to259 | 259to296 | 296to333 | 333to370 | 370to406 | 406to443 | 443to480 | 480to517 | 517to554 | 554to591 | 591to628 | 628to665 | 665to702 | 702to739 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 754 | 217 | 132 | 60 | 49 | 31 | 21 | 8 | 7 | 2 | 2 | 2 | 1 | 1 | 3 | |||||
Average Price Reduction
2%
Typical Price Reduction
0% to 3%
Price Reduction Distribution
Shows the number of homes within each price reduction bracket. If you were clothes shopping, this would be like counting how many shirts were on each of the various clearance racks (5%, 10%, etc.)
| -43%to-38% | -38%to-33% | -33%to-29% | -29%to-24% | -24%to-20% | -20%to-15% | -15%to-10% | -10%to-6% | -6%to-1% | -1%to3% | 3%to8% | 8%to13% | 13%to17% | 17%to22% | 22%to26% | 26%to31% | 31%to36% | 36%to40% | 40%to45% | 45%to49% | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2 | 1 | 2 | 1 | 6 | 56 | 2,515 | 554 | 114 | 26 | 9 | 1 | 1 | 1 | 1 | 2 | 2 | |||
Average Discount from Original List
4%
Typical Sold Discount from Original List
0% to 7%
Discounts Distribution - From Initial List Price
Number of homes sold from each discount rack
| -35%to-31% | -31%to-27% | -27%to-23% | -23%to-18% | -18%to-14% | -14%to-10% | -10%to-6% | -6%to-1% | -1%to3% | 3%to7% | 7%to11% | 11%to15% | 15%to20% | 20%to24% | 24%to28% | 28%to32% | 32%to37% | 37%to41% | 41%to45% | 45%to49% | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1 | 1 | 4 | 66 | 486 | 413 | 198 | 69 | 21 | 12 | 2 | 3 | 3 | 2 | 2 | 2 | ||||
Average Discount from Last List
3%
Typical Sold Discount from Last List
0% to 4%
Negotiated Disocunts from Final List Price
The percentage difference between final list price and closed price, distributed
| -10%to-7% | -7%to-5% | -5%to-2% | -2%to0% | 0%to3% | 3%to5% | 5%to8% | 8%to10% | 10%to13% | 13%to16% | 16%to18% | 18%to21% | 21%to23% | 23%to26% | 26%to28% | 28%to31% | 31%to33% | 33%to36% | 36%to38% | 38%to41% | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2 | 6 | 38 | 373 | 359 | 276 | 112 | 51 | 32 | 21 | 7 | 5 | 2 | 1 | 2 | 1 | 2 | |||
All analysis, rankings, ratings, and throughout this site are generated by us here at Icon Real Estate. All raw data comes from the Houston Association of Realtors (HAR, HRIS) – but you're not viewing raw data. We track, categorize, analyze, and rank everything from zip codes to school zones based on geographic (boundary) data that is either (a) provided by local jurisdictions, (b) purchased from third-party sources, or (c) hand-drawn by our team.
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