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RICHMOND, TX 77406

Real Estate Market Report  ·  Fort Bend County
Buyer's Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The RICHMOND, TX real estate market (77406) currently shows 610 active listings, with 157 pending sales. Homes are averaging 45 days on the market before going under contract.

Inventory has increased compared to last year, with 52 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 45 days on market compared to 43 days last year.

The median listing price has fallen 11.7% year-over-year, from $522,748 to $461,828.

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 Context

Market Context

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

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

Market Overview

Active Listings
610
⇧ 9.3% vs 558 last year
Pending
157
26% pending ratio
Median Price
$461,828
⇩ 11.7% vs $522,748 last year
Average Price
$614,677
⇩ 1.2% vs $622,056 last year
Days on Market
45
⇧ 4.7% vs 43 days last year

Price Per Square Foot

Median $/sqft
$179
⇩ 1.6% vs $182/sqft last year
Median Home Size
2,708 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 610 this year vs 558 last year
  • Days on market: 45 now vs 43 last year

Median & Average Pricing

Year over Year
  • Median: $461,828 (-11.7% YoY)
  • Average: $614,677 (-1.2% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 15.8 miles — 3,497 listings ($1,638,053,822 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
77406Richmond, TX 774060.0 mi525$313,253,325$466,725$596,673
77494Katy, TX 774947.2 mi531$306,980,127$501,250$578,117
77441Fulshear, TX 774417.8 mi439$274,508,456$554,632$625,304
77498Sugar Land, TX 774988.4 mi137$60,258,217$387,495$439,841
77094Houston, TX 7709410.4 mi19$13,114,351$538,450$690,229
77476Simonton, TX 7747611.0 mi2$2,864,000$1,432,000$1,432,000
77478Sugar Land, TX 7747811.2 mi76$48,862,376$501,750$642,926
77469Richmond, TX 7746911.8 mi501$239,692,929$369,925$478,429
77072Houston, TX 7707212.9 mi175$36,585,675$185,000$209,061
77449Katy, TX 7744913.6 mi453$137,368,173$298,000$303,241
77079Houston, TX 7707914.4 mi113$63,710,643$282,225$563,811
77084Houston, TX 7708414.8 mi378$114,931,278$292,175$304,051
77036Houston, TX 7703615.8 mi148$25,924,272$124,987$175,164

Frequently Asked Questions

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

As of April 2026, there are 610 active listings in RICHMOND, TX (zip code 77406), compared to 558 the prior year.

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

The median listing price in RICHMOND, TX 77406 is $461,828 as of April 2026, a 11.7% decrease from $522,748 the prior year.

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

Homes in RICHMOND, TX 77406 spend an average of 45 days on the market before going under contract, compared to 43 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 April 2026, RICHMOND, TX 77406 is currently a Buyer's Market. Inventory has increased compared to last year, with 52 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 45 days on market compared to 43 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 $9,237 compared to a typical 5% commission on the median listing price of $461,828. 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.