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Grand Vista

RICHMOND, TX 77407

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

Market Overview

Active Listings
297
⇧ 15.6% vs 257 last year
Pending
54
18% pending ratio
Median Price
$390,000
⇩ 3.6% vs $404,495 last year
Average Price
$465,681
⇩ 3.6% vs $482,850 last year
Days on Market
64
⇧ 16.4% vs 55 days last year

Market Context

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

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

Market Analysis

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

The RICHMOND, TX real estate market (77407) currently shows 297 active listings, with 54 pending sales. Homes are averaging 64 days on the market before going under contract.

Inventory has increased compared to last year, with 40 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 64 days on market compared to 55 days last year.

The median listing price has fallen 3.6% year-over-year, from $404,495 to $390,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 297 this year vs 257 last year
  • Days on market: 64 now vs 55 last year

Median & Average Pricing

Year over Year
  • Median: $390,000 (-3.6% YoY)
  • Average: $465,681 (-3.6% 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 12.3 miles — 2,687 listings ($1,330,076,578 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
77407Richmond, TX 774070.0 mi297$138,307,257$390,000$465,681
77498Sugar Land, TX 774984.4 mi143$62,113,337$383,250$434,359
77406Richmond, TX 774065.1 mi481$280,727,954$464,900$583,634
77094Houston, TX 770946.8 mi23$14,779,294$519,900$642,578
77478Sugar Land, TX 774787.6 mi76$49,254,688$508,000$648,088
77072Houston, TX 770727.9 mi171$36,631,791$187,500$214,221
77479Sugar Land, TX 774799.1 mi279$213,971,238$579,500$766,922
77079Houston, TX 770799.6 mi97$46,896,105$279,900$483,465
77042Houston, TX 7704210.3 mi177$66,895,911$151,450$377,943
77084Houston, TX 7708410.9 mi349$107,346,467$294,997$307,583
77441Fulshear, TX 7744111.7 mi388$239,813,488$549,688$618,076
77074Houston, TX 7707411.9 mi75$16,785,300$175,000$223,804
77043Houston, TX 7704312.3 mi131$56,553,748$446,500$431,708

Frequently Asked Questions

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

As of January 2026, there are 297 active listings in RICHMOND, TX (zip code 77407), compared to 257 the prior year.

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

The median listing price in RICHMOND, TX 77407 is $390,000 as of January 2026, a 3.6% decrease from $404,495 the prior year.

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

Homes in RICHMOND, TX 77407 spend an average of 64 days on the market before going under contract, compared to 55 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 January 2026, RICHMOND, TX 77407 is currently a Buyer's Market. Inventory has increased compared to last year, with 40 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 64 days on market compared to 55 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 $7,800 compared to a typical 5% commission on the median listing price of $390,000. 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.