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All market snapshots / 77406

Richmond, TX 77406 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Texas is a non-disclosure state: sale prices are not part of the public record. Sold figures on this page reflect closings Resideline tracked directly, and should be read as a sample rather than a count of all closings.
Richmond, TX inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.04
ActiveActive listings: 294294PendingPending sales: 1212
Richmond, TX: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $469k$469kSoldMedian sold price (last 6 months): $400k$400k
What homes actually sell for in Richmond, TX
Distribution of 209 closings Resideline tracked directly over the last six months (5th to 95th percentile). Middle half of sales: $350k to $539k
$277k to $355k: 51 sales$277k$355k to $433k: 61 sales61sales$433k to $511k: 29 sales$433k$511k to $588k: 19 sales$588k to $666k: 9 sales$588k$666k to $744k: 9 sales$744k to $822k: 6 sales$744k$822k to $900k: 5 salesMedian $400k

What the numbers say

As of October 5, 2026, Resideline is tracking 294 active listings and 12 pending sales in ZIP code 77406. That pending-to-active ratio of 0.04 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $469,463, while the median of the 209 closings Resideline tracked directly over the last six months was $400,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 77406 for 83 days.

Frequently asked questions

What is the median home price in 77406?

The median closed sale price in Richmond, TX 77406 was $400,000 over the last six months, based on 209 closings Resideline tracked directly. Texas is a non-disclosure state, so this is a tracked sample rather than all recorded closings. The middle half of those sales ranged from $349,900 to $539,000.

Is 77406 a buyer's or seller's market?

Resideline is currently tracking 12 pending sales against 294 active listings in 77406, a pending-to-active ratio of 0.04. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 77406 currently looks like a balanced market.

Nearby ZIP code market data

Full Richmond, TX housing market report →

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