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Is Richards, TX 77873 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Richards is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market255Listing to accepted offer
Median price per sq ft$198▼ −10.4% vs. last year

The Richards housing market right now

In the three months ending August 31, 2026, 0% of homes in Richards, TX 77873 sold above their list price, the typical home went under contract in 255 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (178 days then) and the median sale price fell 46% to $244,894. Overall, Richards is less competitive than a year ago, which gives buyers more room.

Within Montgomery County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Nearby, Conroe 77385 (17% sold over asking) and Conroe 77301 (15% sold over asking) are even more competitive.

Run the numbers for 77873

Prefilled for 77873Can I win this house?Multiple-offer likelihood for a listing Prefilled for 77873Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Conroe 77301Balanced $138 /sq ftConroe 77302Balanced $158 /sq ftConroe 77303Balanced $144 /sq ftConroe 77304Balanced $159 /sq ft Browse all markets →

Towns like Richards nearby

Find towns like Richards in other states →
Washington, TX77880 · 27 miles away91% similarlarger Normangee, TX77871 · 37 miles away82% similarcheaper homes ($51K less) · larger Iola, TX77861 · 16 miles away79% similarcheaper homes ($53K less) · larger North Zulch, TX77872 · 27 miles away73% similarcheaper homes ($95K less) · younger residents

Where Richards is

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Questions about Richards real estate

Is Richards a buyer’s or seller’s market?

A buyer’s market: there were 9.6 months of supply in Richards, TX 77873 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 Richards?

The typical home went under contract in 255 days in the latest three months.

Do homes in Richards sell over asking?

0% of homes sold above their original list price.

What are property taxes in Richards?

About 1.52% of a home’s value a year in Montgomery County, or roughly $6,080 on a $400,000 home.

What is the median home price in Richards?

The median sale price was $244,894 in the three months ending August 31, 2026, about $198 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