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All market snapshots / 77406

Richmond, TX 77406 Housing Market

Data snapshot: October 26, 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: 0.06
ActiveActive listings: 282282PendingPending sales: 1616
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): $466k$466kSoldMedian 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 $549k
$280k to $367k: 54 sales$280k$367k to $454k: 64 sales64sales$454k to $541k: 26 sales$454k$541k to $627k: 15 sales$627k to $714k: 13 sales$627k$714k to $801k: 6 sales$801k to $888k: 5 sales$801k$888k to $975k: 4 salesMedian $400k

What the numbers say

As of October 26, 2026, Resideline is tracking 282 active listings and 16 pending sales in ZIP code 77406. That pending-to-active ratio of 0.06 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $465,500, 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 99 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 $549,460.

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

Resideline is currently tracking 16 pending sales against 282 active listings in 77406, a pending-to-active ratio of 0.06. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 77406 is currently a typical-pace market.

Nearby ZIP code market data

Full Richmond, TX housing market report →

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