Is Richmond, TX 77469 a buyer’s or seller’s market?
Richmond is a balanced market. With about 5.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 13% of U.S. ZIP codes, and #552 of 868 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Richmond housing market right now
In the three months ending August 31, 2026, 8% of homes in Richmond, TX 77469 sold above their list price, the typical home went under contract in 58 days and there were 5.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 378 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (6% then), homes sold about as fast and the median sale price held steady to $348,849. Overall, Richmond is about as competitive as it was a year ago.
Within Fort Bend County, homes here sell more slowly than in 53% of the county’s ZIP codes, and sell more often over asking than in 59%. On our competition score, Richmond ranks #552 of 868 TX ZIP codes with enough sales (score 20 out of 100).
Nearby, buyers who want less competition could look at Kendleton 77451 (0% sold over asking) or Guy 77444 (0% sold over asking), while Sugar Land 77478 (15% sold over asking) and Fresno 77545 (13% sold over asking) are even more competitive.
Run the numbers for 77469
Nearby markets
Beasley 77417Buyer’s market $151 /sq ftFresno 77545Balanced $133 /sq ftFulshear 77441Balanced $174 /sq ftGuy 77444Seller’s market $205 /sq ft Browse all markets →Towns like Richmond nearby
Find towns like Richmond in other states →Where Richmond is
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Questions about Richmond real estate
Is Richmond a buyer’s or seller’s market?
A balanced market: there were 5.1 months of supply in Richmond, TX 77469 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Richmond?
The typical home went under contract in 58 days in the latest three months.
Do homes in Richmond sell over asking?
8% of homes sold above their original list price, and the typical sale closed at 97.1% of the list price.
What are property taxes in Richmond?
About 1.86% of a home’s value a year in Fort Bend County, or roughly $7,440 on a $400,000 home.
What is the median home price in Richmond?
The median sale price was $348,849 in the three months ending August 31, 2026, about $155 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology