Richmond, TX 77406 Housing Market
- Active listings71currently for sale
- Pending sales69under contract
- Median asking price$445,000current listings
- Inventory age2 daysmedian time the current active listings have been on the market
- Closings tracked directly (6 mo)200a tracked sample, not a market total
- Median sold price$419,774last 6 months
- Middle half of sold prices$345k to $529k25th to 75th percentile
What the numbers say
As of July 18, 2026, Resideline is tracking 71 active listings and 69 pending sales in ZIP code 77406. That pending-to-active ratio of 0.97 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.
The median asking price of current listings is $445,000, while the median of the 200 closings Resideline tracked directly over the last six months was $419,774. 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 $419,774 over the last six months, based on 200 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 $345,000 to $529,000.
Is 77406 a buyer's or seller's market?
Resideline is currently tracking 69 pending sales against 71 active listings in 77406, a pending-to-active ratio of 0.97. 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.