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All market snapshots / 77406

Richmond, TX 77406 Housing Market

Data snapshot: August 3, 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: 1.15
ActiveActive listings: 6565PendingPending sales: 7575
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): $435k$435kSoldMedian sold price (last 6 months): $425k$425k
What homes actually sell for in Richmond, TX
Distribution of 190 closings Resideline tracked directly over the last six months (5th to 95th percentile). Middle half of sales: $350k to $534k
$289k to $365k: 46 sales$289k$365k to $442k: 50 sales50sales$442k to $518k: 33 sales$442k$518k to $594k: 20 sales$594k to $670k: 10 sales$594k$670k to $746k: 4 sales$746k to $823k: 3 sales$746k$823k to $899k: 5 salesMedian $425k

What the numbers say

As of August 3, 2026, Resideline is tracking 65 active listings and 75 pending sales in ZIP code 77406. That pending-to-active ratio of 1.15 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $435,000, while the median of the 190 closings Resideline tracked directly over the last six months was $424,902. 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 $424,902 over the last six months, based on 190 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 $533,900.

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

Resideline is currently tracking 75 pending sales against 65 active listings in 77406, a pending-to-active ratio of 1.15. 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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