Richmond Market Report
$553,827
AVERAGE PRICE OF 1,594 HOMES$372,000
AVERAGE PRICE OF 5 DISTRESSED HOMES$2,141,224
AVERAGE PRICE OF 85 MULTI-MILLION DOLLAR HOMES$510,803
AVERAGE PRICE OF 525 NEWLY BUILT HOMES$982,264
AVERAGE PRICE OF 151 HOMES WITH A POOL$554,419
AVERAGE PRICE OF 108 REDUCED PRICE HOMESAverage Home
| Average Price | $553,827 |
| Avg Bedrooms | 3.68 beds |
| Avg Bathrooms | 3.15 baths |
Average Price by Bedrooms
| 1 bedroom | $665,000 |
| 2 bedrooms | $453,422 |
| 3 bedrooms | $370,653 |
| 4 bedrooms | $513,632 |
| 5 bedrooms | $750,099 |
Richmond Home Price Trends
| 4/2025 | 3/2025 | 2/2025 | 1/2025 | 12/2024 | |
|---|---|---|---|---|---|
| Total Listings | 1,498 | 1,375 | 1,284 | 1,251 | 1,305 |
| Average Price | $553,743 | $562,001 | $551,097 | $551,835 | $547,858 |
| Avg Price Change | -1.49% | +1.98% | -0.13% | +0.73% | +0.33% |
| Median Price | $447,775 | $442,047 | $441,771 | $442,268 | $441,439 |
| Med Price Change | +1.30% | +0.06% | -0.11% | +0.19% | +0.87% |
| Avg Bedrooms | 3.67 beds | 3.67 beds | 3.7 beds | 3.7 beds | 3.69 beds |
| Avg Bathrooms | 3.13 baths | 3.12 baths | 3.14 baths | 3.13 baths | 3.11 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Travis High School (fort Bend) | 392 | $542,862 | 65 days |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,594 | $553,827 | 69 days |
| Distressed Homes | 5 | $372,000 | 45 days |
| Multi-Million Dollar Homes | 85 | $2,141,224 | 151 days |
| Newly Built Homes | 525 | $510,803 | 72 days |
| Homes with a Pool | 151 | $982,264 | 63 days |
| Reduced Price Homes | 108 | $554,419 | 57 days |
