Richmond, TX Housing

Richmond, TX is a great place to live for people looking for an affordable yet desirable place to reside. The housing median value in Richmond is $365,900, which is slightly higher than the median US housing value of $338,100. In addition, the one-year house appreciation rate in Richmond is 11.67%, compared to 8.27% nationally. This combination of affordability and appreciation makes Richmond an attractive option for potential homeowners.

The median home cost in Richmond is $365,900. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Richmond is up 21.6%.

Average Age of Homes

- The median age of Richmond real estate is 36 years old

The Rental Market in Richmond

- Renters make up 41.8% of the Richmond population
- 3.7% of houses and apartments in Richmond, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Richmond, Texas	United States
	4,345.0	139,647,020.0
	44	42
	$365,900	$338,100
	21.6%	16.6%
	52.5%	57.0%
	98.7%	101.1%
	$22.28	$10.98
	$2,649	$2,690
	54.2%	57.4%
	9.2%	11.2%
	36.6%	31.4%
Vacant Housing
	3.7%	1.9%
	0.0%	0.4%
	0.9%	0.7%
	0.5%	0.4%
	0.7%	3.6%
	3.4%	4.1%
Value of Owner-Occupied Housing
	5.7%	2.6%
	5.3%	2.4%
	7.4%	2.8%
	3.2%	3.9%
	9.4%	4.5%
	8.7%	11.3%
	15.8%	13.0%
	33.0%	20.1%
	9.9%	13.6%
	1.3%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	8.7%	13.6%
	8.7%	13.6%
	8.9%	13.6%
	13.6%	13.2%
	27.6%	14.8%
	8.9%	13.6%
	9.3%	10.0%
	0.9%	4.7%
	2.1%	12.2%