Richmond Housing Market Report April 2025•Fort Bend County, Texas

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Housing Prices in Richmond, TX

How much do homes in Richmond, TX cost?

Housing Market Conditions

Is Richmond, TX a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Richmond is a Neutral Market

Difference Since April 2024

At the same time last year, Richmond was a Seller's Market.

Insight

Richmond is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$384,710$166/SqFt
-$9,875
-2.5%

Based on all homes sold in the last 12 months

Insight

Homes in Richmond have sold for 2.5% less than they did a year ago.

Summary: The median home sold price in Richmond was $384,710 in April 2025, down 2.5% from last year, and the median price per square foot was $166.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Fulshear-Simonton
+5.2%
Sugar Land
+0.7%
Rosenberg-Richmond
-0.6%
Rosenberg
-2.4%
Richmond
-2.5%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2024Apr 2025Change YoY
1-$102.5K
N/A
2$320K$310K
-3.1%
3$317.8K$318.9K
0.4%
4$430K$418.3K
-2.7%
5$576.7K$614.9K
+6.6%

Summary: Richmond housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -3.1%. The home price for 3 bedroom homes increased by 0.4%. The home price for 4 bedroom homes decreased by -2.7%. The home price for 5 bedroom homes increased by +6.6%.

How does Richmond, TX compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Richmond, TX

Housing supply in Richmond, TX

How many homes are available in Richmond, TX?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
1,252Last MonthApr 2025
9772 months agoMar 2025
+28.1 %
Change MoMMar – Apr

Summary: The Richmond real estate market had 1,252 homes for sale in Apr 2025, a 28.1 % increase compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
196Last MonthApr 2025
1862 months agoMar 2025
+5.4 %
Change MoMMar – Apr

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
122
0.0%
22933
+13.8%
3285365
+28.1%
4499659
+32.1%
5162193
+19.1%

Summary: Richmond housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +13.8%. The inventory for 3 bedroom homes increased by +28.1%. The inventory for 4 bedroom homes increased by +32.1%. The inventory for 5 bedroom homes increased by +19.1%.

Asking Price vs. Sold Price

How much do homes in Richmond, TX cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price15 Homes

At Asking Price34 Homes

Under Asking Price147 Homes

Insight

If you're buying a home in Richmond, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 196 homes were sold or pending in Richmond in April 2025, up by 5.4% month-over-month. Of the 196 sold homes, 75% were sold under asking, 17% were sold at asking, and and 8% were sold over asking.

Days on Market for Richmond, TX

How long does it take to sell a home in Richmond, TX?

Breakdown of Home Sale Times

Under 30 Days109 Homes

30 – 90 Days57 Homes

Over 90 Days30 Homes

Insight

Many homes in Richmond are selling fast, if you're buying plan to act quickly.

Summary: During April 2025, 196 homes were sold in Richmond; 56% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
44 DaysThis YearApr 2025
35 Days1 year agoApr 2024
+22.7 %
Change YoYApr 2024 – Apr 2025

Summary: Homes in Richmond had an average listing age of 44 days in Apr 2025, up by 22.7% compared to the previous year.

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Newest Listings in Richmond, TX

What homes are available in Richmond, TX?

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Nearby markets

Popular Cities with Homes for Sale in Texas

MLS Disclaimers and Copyright

Based on information from Houston REALTORS® Information Service, Unlock MLS, and Bryan-College Station Regional Multiple Listing Service Inc. for the period 05/01/2023 - 05/01/2025

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

Copyright© 2025 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/2/2025, 10:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 5/2/2025, 10:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The information is for consumers personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. IDX information provided by Bryan-College Station Regional Multiple Listing Service (MLS). This information is from sources deemed reliable but not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 5/2/2025, 10:15:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.