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Is Richmond, TX 77406 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Richmond is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score16/ 100

More competitive than 10% of U.S. ZIP codes, and #660 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

Months of supply4.8Under 4 months = seller’s market
Sold above original list7.1%Share of sales, last 3 months
Median sale-to-list96.9%Sold price ÷ list price
Median days on market70Listing to accepted offer
Median price per sq ft$170▼ −2.9% vs. last year

Run the numbers for 77406

Prefilled for 77406Can I win this house?Multiple-offer likelihood for a listing Prefilled for 77406Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

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 →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology