Zip 77406 (Richmond, TX) Housing

The housing median value in 77406 Richmond, TX is $418,400, higher than the US House Median Value of $338,100. The US 1 year House Appreciation rate was 8.27%, while the appreciation rate for housing in 77406 Richmond is 11.67%. This indicates that housing prices in Richmond are increasing faster than the national average. In general, the housing market in 77406 Richmond remains strong and is a desirable place for potential buyers to invest their money.

The median home cost in Richmond (zip 77406) is $418,400. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Richmond (zip 77406) is up 21.6%.

Average Age of Homes

- The median age of Richmond (zip 77406) real estate is 15 years old

The Rental Market in Richmond (zip 77406)

- Renters make up 8.3% of the Richmond (zip 77406) population
- 1.4% of houses and apartments in Richmond (zip 77406), 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
	20,158.0	139,647,020.0
	16	42
	$418,400	$338,100
	21.6%	16.6%
	52.5%	57.0%
	98.7%	101.1%
	$20.87	$10.98
	$6,750	$2,690
	81.7%	57.4%
	4.0%	11.2%
	14.3%	31.4%
Vacant Housing
	1.4%	1.9%
	0.0%	0.4%
	1.5%	0.7%
	0.6%	0.4%
	0.0%	3.6%
	0.6%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	0.4%	2.4%
	0.1%	2.8%
	0.1%	3.9%
	0.3%	4.5%
	1.4%	11.3%
	5.5%	13.0%
	35.7%	20.1%
	26.4%	13.6%
	16.6%	8.3%
	9.9%	9.7%
	1.3%	3.9%
	1.0%	2.2%
	0.3%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	25.2%	13.6%
	25.2%	13.6%
	11.2%	13.6%
	19.1%	13.2%
	4.6%	14.8%
	11.2%	13.6%
	0.5%	10.0%
	0.2%	4.7%
	0.4%	12.2%

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