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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

$567,949

AVERAGE PRICE OF 1,241 HOMES

$550,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,131,239

AVERAGE PRICE OF 75 MULTI-MILLION DOLLAR HOMES

$499,767

AVERAGE PRICE OF 445 NEWLY BUILT HOMES

$961,525

AVERAGE PRICE OF 117 HOMES WITH A POOL

$495,228

AVERAGE PRICE OF 95 REDUCED PRICE HOMES

Average Home

Average Price $567,949
Avg Bedrooms 3.66 beds
Avg Bathrooms 3.06 baths

Average Price by Bedrooms

2 bedrooms $345,354
3 bedrooms $389,752
4 bedrooms $511,392
5 bedrooms $697,276
Richmond Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 1,098 1,034 1,006 946 913
Average Price $568,992 $569,474 $566,426 $567,837 $596,183
Avg Price Change -0.08% +0.54% -0.25% -4.99% +0.91%
Median Price $446,801 $438,114 $439,804 $436,006 $446,263
Med Price Change +1.98% -0.39% +0.87% -2.35% +0.79%
Avg Bedrooms 3.67 beds 3.64 beds 3.63 beds 3.63 beds 3.62 beds
Avg Bathrooms 3.07 baths 3.03 baths 3.02 baths 3.02 baths 3.05 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Foster High School 319 $681,536 71 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,241 $567,949 72 days
Distressed Homes 1 $550,000 16 days
Multi-Million Dollar Homes 75 $2,131,239 150 days
Newly Built Homes 445 $499,767 78 days
Homes with a Pool 117 $961,525 56 days
Reduced Price Homes 95 $495,228 46 days