Richmond Real Estate Market Sees Home Sales Fall

Home sales in the Richmond market remained slow in this week's report as they slid 33.3% to two homes sold over the last 30 days. In comparison, nearby Houston had 1,731 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices are coming down in Richmond, and for this period the median sales price slid from $190,000 to $161,100. Richmond is a definite buyer's market, due to a big 12 months of inventory left and aided by the dip in sales.

Be the first to look at these new listings in Richmond and you could discover the right home:

$299K   $730K   $215K  

Get started right now by checking out Richmond homes for sale or reviewing Richmond real estate trends.

Demographic facts about Richmond:

  • This area has a population growth rating of 99. (Scale: 1 = Worst, 100 = Best)
  • This area has a property tax of $24.03/$1,000.
  • The commute times can range from: <15 min (32.7%), 15-29 min (29.1%), 30-44 min (21.1%), 45-59 min (7.7%), >60 min (9.3%).

Data reported through 10/12/2016


Ask a local expert about this area:
RE/MAX Grand
ZipRealty Inc 281-685-9326 (
Snapped 2 homes in this area
Snapped 1 home in this area

Agents that specialize in this area
1 snap in this area
©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
with Facebook Sign-in with Twitter
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

with Facebook Sign-in with Twitter

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.