The housing market in 77469 Richmond, TX is thriving. According to the data, the median value of homes in this area is $323,100 - slightly lower than the US median of $338,100. However, the appreciation rate of houses in this area is 11.67%, which is higher than the US average appreciation rate of 8.27%. This indicates that housing prices are increasing faster than usual in Richmond, and could be a sign of a strong and healthy real estate market.
The median home cost in Richmond (zip 77469) is $323,100. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Richmond (zip 77469) is up 21.6%.
Average Age of Homes
- The median age of Richmond (zip 77469) real estate is 14 years old
The Rental Market in Richmond (zip 77469)
- Renters make up 24.9% of the Richmond (zip 77469) population
- 1.4% of houses and apartments in Richmond (zip 77469), 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.