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Richmond

Why you'd want to live in Richmond

Richmond, Texas, is a historic town with a charming and welcoming environment. The area boasts well-preserved historic sites and buildings, offering a glimpse into its rich past. Richmond features beautiful parks and green spaces, providing plenty of opportunities for outdoor activities and relaxation. The town has a variety of local shops, restaurants, and cultural attractions, creating a vibrant and engaging community. Richmond's residents enjoy a peaceful suburban lifestyle while still being close to the amenities of larger cities.

Richmond Market Report

$551,756

AVERAGE PRICE OF 1,246 HOMES

$369,600

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,957,400

AVERAGE PRICE OF 73 MULTI-MILLION DOLLAR HOMES

$524,740

AVERAGE PRICE OF 505 NEWLY BUILT HOMES

$1,001,594

AVERAGE PRICE OF 97 HOMES WITH A POOL

$481,408

AVERAGE PRICE OF 68 REDUCED PRICE HOMES

Average Home

Average Price $551,756
Avg Bedrooms 3.7 beds
Avg Bathrooms 3.13 baths

Average Price by Bedrooms

1 bedroom $725,000
2 bedrooms $358,389
3 bedrooms $373,143
4 bedrooms $510,439
5 bedrooms $751,515
Richmond Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 1,305 1,301 1,302 1,233 1,234
Average Price $547,858 $546,066 $556,344 $580,952 $578,456
Avg Price Change +0.33% -1.88% -4.42% +0.43% +1.14%
Median Price $441,439 $437,618 $442,280 $449,738 $449,085
Med Price Change +0.87% -1.07% -1.69% +0.15% +2.23%
Avg Bedrooms 3.69 beds 3.69 beds 3.71 beds 3.71 beds 3.67 beds
Avg Bathrooms 3.11 baths 3.09 baths 3.1 baths 3.09 baths 2.99 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Foster High School 316 $593,220 81 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,246 $551,756 83 days
Distressed Homes 2 $369,600 145 days
Multi-Million Dollar Homes 73 $1,957,400 205 days
Newly Built Homes 505 $524,740 76 days
Homes with a Pool 97 $1,001,594 80 days
Reduced Price Homes 68 $481,408 76 days