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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

$560,443

AVERAGE PRICE OF 1,392 HOMES

$430,000

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,387,374

AVERAGE PRICE OF 69 MULTI-MILLION DOLLAR HOMES

$524,262

AVERAGE PRICE OF 514 NEWLY BUILT HOMES

$972,019

AVERAGE PRICE OF 116 HOMES WITH A POOL

$474,224

AVERAGE PRICE OF 92 REDUCED PRICE HOMES

Average Home

Average Price $560,443
Avg Bedrooms 3.66 beds
Avg Bathrooms 3.12 baths

Average Price by Bedrooms

1 bedroom $681,666
2 bedrooms $420,155
3 bedrooms $368,424
4 bedrooms $512,414
5 bedrooms $708,988
Richmond Home Price Trends
  2/2025 1/2025 12/2024 11/2024 10/2024
Total Listings 1,284 1,251 1,305 1,301 1,302
Average Price $551,097 $551,835 $547,858 $546,066 $556,344
Avg Price Change -0.13% +0.73% +0.33% -1.88% -4.42%
Median Price $441,771 $442,268 $441,439 $437,618 $442,280
Med Price Change -0.11% +0.19% +0.87% -1.07% -1.69%
Avg Bedrooms 3.7 beds 3.7 beds 3.69 beds 3.69 beds 3.71 beds
Avg Bathrooms 3.14 baths 3.13 baths 3.11 baths 3.09 baths 3.1 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Foster High School 342 $629,046 77 days
Total Homes Average Price Avg Days on Site
All Homes 1,392 $560,443 78 days
Distressed Homes 3 $430,000 8 days
Multi-Million Dollar Homes 69 $2,387,374 182 days
Newly Built Homes 514 $524,262 82 days
Homes with a Pool 116 $972,019 73 days
Reduced Price Homes 92 $474,224 55 days