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Richmond

Why you'd want to live in Richmond

Richmond was founded in 1837 along a bend in the Brazos River by members of the “Old Three Hundred,” the first settlers to receive land grants in Stephen F. Austin’s original colony. The seat of Fort Bend County, Richmond is infused with history, from the George Park Historical Ranch to a thriving downtown filled with historic buildings and significant landmarks. Today, more than 14,000 citizens reside in Richmond, enjoying a high quality of life less than an hour from downtown Houston and other major destinations via the Westpark Tollway, Grand Parkway, U.S. 59 South and other major thoroughfares. via houstonnewcomerguides.com

Richmond Market Report

$596,342

AVERAGE PRICE OF 877 HOMES

$350,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,292,984

AVERAGE PRICE OF 58 MULTI-MILLION DOLLAR HOMES

$545,052

AVERAGE PRICE OF 285 NEWLY BUILT HOMES

$964,986

AVERAGE PRICE OF 74 HOMES WITH A POOL

$604,794

AVERAGE PRICE OF 53 REDUCED PRICE HOMES

Average Home

Average Price $596,342
Avg Bedrooms 3.61 beds
Avg Bathrooms 3.1 baths

Average Price by Bedrooms

1 bedroom $2,600,000
2 bedrooms $411,074
3 bedrooms $379,117
4 bedrooms $528,254
5 bedrooms $660,923
Richmond Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 871 853 868 862 843
Average Price $588,407 $576,211 $571,052 $569,658 $571,882
Avg Price Change +2.12% +0.90% +0.24% -0.39% +1.56%
Median Price $465,430 $458,257 $453,741 $453,659 $441,744
Med Price Change +1.57% +1.00% +0.02% +2.70% +0.76%
Avg Bedrooms 3.61 beds 3.57 beds 3.61 beds 3.63 beds 3.63 beds
Avg Bathrooms 3.09 baths 3.04 baths 3.06 baths 3.07 baths 3.03 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bush High School 118 $436,926 64 days
Foster High School 241 $698,012 87 days
George Ranch High School 113 $763,877 96 days
Lamar Consolidated High School 152 $503,080 94 days
Travis High School (fort Bend) 111 $545,101 44 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 877 $596,342 74 days
Distressed Homes 1 $350,000 98 days
Multi-Million Dollar Homes 58 $2,292,984 157 days
Newly Built Homes 285 $545,052 88 days
Homes with a Pool 74 $964,986 59 days
Reduced Price Homes 53 $604,794 49 days

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