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Grand Vista

RICHMOND, TX 77407

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

Market Analysis

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

The RICHMOND, TX real estate market (77407) currently shows 327 active listings, with 77 pending sales. Homes are averaging 40 days on the market before going under contract.

Inventory has increased compared to last year, with 31 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 40 days on market compared to 38 days last year.

The median listing price has fallen 0.5% year-over-year, from $412,000 to $410,000.

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: 76,600  ·  Density: 1,479.3/mi²  ·  Median household income: $106,131

Typical home value: $336,670  ·  Homeownership: 78.6%

Market Overview

Active Listings
327
⇧ 10.5% vs 296 last year
Pending
77
24% pending ratio
Median Price
$410,000
⇩ 0.5% vs $412,000 last year
Average Price
$476,002
⇧ 0.9% vs $471,722 last year
Days on Market
40
⇧ 5.3% vs 38 days last year

Price Per Square Foot

Median $/sqft
$175
⇧ 1.7% vs $172/sqft last year
Median Home Size
2,604 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 327 this year vs 296 last year
  • Days on market: 40 now vs 38 last year

Median & Average Pricing

Year over Year
  • Median: $410,000 (-0.5% YoY)
  • Average: $476,002 (+0.9% 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 12.3 miles — 2,883 listings ($1,461,447,610 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
77407Richmond, TX 774070.0 mi312$148,668,936$404,995$476,503
77498Sugar Land, TX 774984.4 mi137$60,258,217$387,495$439,841
77406Richmond, TX 774065.1 mi525$313,253,325$466,725$596,673
77094Houston, TX 770946.8 mi19$13,114,351$538,450$690,229
77478Sugar Land, TX 774787.6 mi76$48,862,376$501,750$642,926
77072Houston, TX 770727.9 mi175$36,585,675$185,000$209,061
77479Sugar Land, TX 774799.1 mi294$226,013,970$589,111$768,755
77079Houston, TX 770799.6 mi113$63,710,643$282,225$563,811
77042Houston, TX 7704210.3 mi190$79,239,690$144,750$417,051
77084Houston, TX 7708410.9 mi378$114,931,278$292,175$304,051
77441Fulshear, TX 7744111.7 mi439$274,508,456$554,632$625,304
77074Houston, TX 7707411.9 mi79$18,408,027$196,625$233,013
77043Houston, TX 7704312.3 mi146$63,892,666$449,250$437,621

Frequently Asked Questions

How many homes are for sale in RICHMOND, TX 77407?

As of March 2026, there are 327 active listings in RICHMOND, TX (zip code 77407), compared to 296 the prior year.

What is the median home price in RICHMOND, TX 77407?

The median listing price in RICHMOND, TX 77407 is $410,000 as of March 2026, a 0.5% decrease from $412,000 the prior year.

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

Homes in RICHMOND, TX 77407 spend an average of 40 days on the market before going under contract, compared to 38 days the prior year.

Is it a seller's or buyer's market in RICHMOND, TX 77407?

Based on current inventory and days-on-market data as of March 2026, RICHMOND, TX 77407 is currently a Buyer's Market. Inventory has increased compared to last year, with 31 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 40 days on market compared to 38 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 77407 save an estimated $8,200 compared to a typical 5% commission on the median listing price of $410,000. 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.