• Richmond Market Report

    $397,891

    AVERAGE PRICE OF 1,335 HOMES

    $229,744

    AVERAGE PRICE OF 18 DISTRESSED HOMES

    $2,141,677

    AVERAGE PRICE OF 45 MULTI-MILLION DOLLAR HOMES

    $391,549

    AVERAGE PRICE OF 542 NEWLY BUILT HOMES

    $790,358

    AVERAGE PRICE OF 92 HOMES WITH A POOL

    $368,009

    AVERAGE PRICE OF 472 REDUCED PRICE HOMES

    Average Home

    Average Price $397,891
    Avg Bedrooms 3 beds
    Avg Bathrooms 2.88 baths

    Average Price by Bedrooms

    1 bedroom $1,150,000
    2 bedrooms $245,360
    3 bedrooms $297,843
    4 bedrooms $369,749
    5 bedrooms $478,557
    Richmond Home Price Trends
      2/2017 1/2017 12/2016 11/2016 10/2016
    Total Listings 1,212 1,100 1,175 1,275 1,310
    Average Price $399,999 $388,647 $381,099 $377,633 $374,275
    Avg Price Change +2.92% +1.98% +0.92% +0.90% +1.21%
    Median Price $314,653 $309,944 $306,594 $299,991 $300,621
    Med Price Change +1.52% +1.09% +2.20% -0.21% -0.62%
    Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
    Avg Bathrooms 2.91 baths 2.88 baths 2.86 baths 2.85 baths 2.85 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Market
    Foster High School 301 $533,348 n/a
    Fulshear High School 168 $345,571 n/a
    George Ranch High School 109 $415,981 n/a
    Lamar Consolidated High School 154 $345,806 n/a
    Travis High School (fort Bend) 342 $347,403 n/a
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 1,335 $397,891 n/a
    Distressed Homes 18 $229,744 n/a
    Multi-Million Dollar Homes 45 $2,141,677 n/a
    Newly Built Homes 542 $391,549 n/a
    Homes with a Pool 92 $790,358 n/a
    Reduced Price Homes 472 $368,009 n/a