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All market snapshots / 77406

Richmond, TX 77406 Housing Market

Data snapshot: August 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: 1.59
ActiveActive listings: 5959PendingPending sales: 9494
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): $420k$420kSoldMedian sold price (last 6 months): $400k$400k
What homes actually sell for in Richmond, TX
Distribution of 175 closings Resideline tracked directly over the last six months (5th to 95th percentile). Middle half of sales: $350k to $515k
$285k to $359k: 42 sales$285k$359k to $432k: 54 sales54sales$432k to $506k: 25 sales$432k$506k to $580k: 19 sales$580k to $654k: 7 sales$580k$654k to $728k: 6 sales$728k to $801k: 2 sales$728k$801k to $875k: 3 salesMedian $400k

What the numbers say

As of August 26, 2026, Resideline is tracking 59 active listings and 94 pending sales in ZIP code 77406. That pending-to-active ratio of 1.59 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $420,000, while the median of the 175 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. The median active listing in 77406 has been on the market for 2 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 175 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 $515,000.

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

Resideline is currently tracking 94 pending sales against 59 active listings in 77406, a pending-to-active ratio of 1.59. 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 seller's market.

Nearby ZIP code market data

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