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RICHMOND, TX 77406

Real Estate Market Report  ·  Fort Bend County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
481
⇩ 2% vs 491 last year
Pending
130
27% pending ratio
Median Price
$464,900
⇩ 6.8% vs $499,000 last year
Average Price
$583,634
⇩ 8.3% vs $636,427 last year
Days on Market
65
⇧ 27.5% vs 51 days last year

Market Context

Population: 63,187  ·  Density: 423.6/mi²  ·  Median household income: $139,280

Typical home value: $368,073  ·  Homeownership: 88.3%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The RICHMOND, TX real estate market (77406) currently shows 481 active listings, with 130 pending sales. Homes are averaging 65 days on the market before going under contract.

Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 65 days on market compared to 51 days last year.

The median listing price has fallen 6.8% year-over-year, from $499,000 to $464,900.

Whether you are buying or selling in RICHMOND, TX, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 481 this year vs 491 last year
  • Days on market: 65 now vs 51 last year

Median & Average Pricing

Year over Year
  • Median: $464,900 (-6.8% YoY)
  • Average: $583,634 (-8.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 15.8 miles — 3,302 listings ($1,522,462,822 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
77406Richmond, TX 774060.0 mi481$280,727,954$464,900$583,634
77494Katy, TX 774947.2 mi502$291,618,326$510,495$580,913
77441Fulshear, TX 774417.8 mi388$239,813,488$549,688$618,076
77498Sugar Land, TX 774988.4 mi143$62,113,337$383,250$434,359
77094Houston, TX 7709410.4 mi23$14,779,294$519,900$642,578
77476Simonton, TX 7747611.0 mi2$2,494,500$1,247,250$1,247,250
77478Sugar Land, TX 7747811.2 mi76$49,254,688$508,000$648,088
77469Richmond, TX 7746911.8 mi498$234,184,998$365,000$470,251
77072Houston, TX 7707212.9 mi171$36,631,791$187,500$214,221
77449Katy, TX 7744913.6 mi429$130,524,537$299,000$304,253
77079Houston, TX 7707914.4 mi97$46,896,105$279,900$483,465
77084Houston, TX 7708414.8 mi349$107,346,467$294,997$307,583
77036Houston, TX 7703615.8 mi143$26,077,337$134,900$182,359

Frequently Asked Questions

How many homes are for sale in RICHMOND, TX 77406?

As of January 2026, there are 481 active listings in RICHMOND, TX (zip code 77406), compared to 491 the prior year.

What is the median home price in RICHMOND, TX 77406?

The median listing price in RICHMOND, TX 77406 is $464,900 as of January 2026, a 6.8% decrease from $499,000 the prior year.

How long do homes stay on the market in RICHMOND, TX?

Homes in RICHMOND, TX 77406 spend an average of 65 days on the market before going under contract, compared to 51 days the prior year.

Is it a seller's or buyer's market in RICHMOND, TX 77406?

Based on current inventory and days-on-market data as of January 2026, RICHMOND, TX 77406 is currently a Balanced Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 65 days on market compared to 51 days last year.

How much can I save on real estate commission in RICHMOND, TX?

With SELL123.com's maximum 3% commission, sellers in RICHMOND, TX 77406 save an estimated $9,298 compared to a typical 5% commission on the median listing price of $464,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.