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Richmond

Why you'd want to live in Richmond

Richmond was founded in 1837 along a bend in the Brazos River by members of the “Old Three Hundred,” the first settlers to receive land grants in Stephen F. Austin’s original colony. The seat of Fort Bend County, Richmond is infused with history, from the George Park Historical Ranch to a thriving downtown filled with historic buildings and significant landmarks. Today, more than 14,000 citizens reside in Richmond, enjoying a high quality of life less than an hour from downtown Houston and other major destinations via the Westpark Tollway, Grand Parkway, U.S. 59 South and other major thoroughfares. via houstonnewcomerguides.com

Richmond Market Report

$550,311

AVERAGE PRICE OF 1,282 HOMES

$369,600

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,930,762

AVERAGE PRICE OF 79 MULTI-MILLION DOLLAR HOMES

$520,274

AVERAGE PRICE OF 515 NEWLY BUILT HOMES

$990,775

AVERAGE PRICE OF 105 HOMES WITH A POOL

$521,507

AVERAGE PRICE OF 93 REDUCED PRICE HOMES

Average Home

Average Price $550,311
Avg Bedrooms 3.7 beds
Avg Bathrooms 3.13 baths

Average Price by Bedrooms

1 bedroom $725,000
2 bedrooms $361,144
3 bedrooms $364,132
4 bedrooms $511,159
5 bedrooms $750,455
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 327 $588,329 79 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,282 $550,311 82 days
Distressed Homes 2 $369,600 158 days
Multi-Million Dollar Homes 79 $1,930,762 188 days
Newly Built Homes 515 $520,274 77 days
Homes with a Pool 105 $990,775 79 days
Reduced Price Homes 93 $521,507 57 days