Housing in Richmond, TX

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$300,000

Median List Price

$329,900

Price Per Sq Ft

$155

Days on Market

117

Active Inventory

36

Months of Supply

7.2

Buyer's market

Zillow Home Value

$376,136

ZHVI — January 2026

Zillow Rent Index

$1,696

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 2.7%List Price 12.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

40.0%

Off Market in 2 Weeks

14.3%

Sale-to-List Ratio

101.3%

Seller's market

Sold Above Asking
40.0%
Under Contract in 2 Wks
14.3%
Listings with Price Drops
41.7%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

9

Pending Sales

7

Homes Sold 54.5%New Listings 71.0%Pending 46.2%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$155

Median List $/SF

$163

Sale $/SF 6.6%List $/SF 1.9%Mar 24Jan 26

Richmond vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Richmond is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$229,800

Median Rent

$1,248

Total Housing Units

4,716

Vacancy Rate

6.0%

Owner Occupied

60.1%

Renter Occupied

39.9%

Median Property Tax

$3,419

per year

Monthly Cost (w/ Mortgage)

$878

Housing Types

Single Family
57.2%
Multi-Family
31.8%
Mobile Home
11.0%

The current median sale price in Richmond, TX is $300,000 according to Redfin data. Homes spend a median of 117 days on the market. 40.0% of homes sold above asking price. The market has 7.2 months of supply. The median price per square foot is $155. Zillow's observed rent index is $1,696/month. About 60.1% of housing units are owner-occupied. The median year homes were built is 1979. There are 4,716 total housing units.