Historic storefronts on Morton Street in downtown Richmond, Texas

Photo: Morton Street, downtown Richmond by Adavyd, CC BY-SA 4.0 (cropped)

Sell your house in Richmond, TX

A written cash offer and a list-price estimate for your Richmond home, side by side, from one team. You choose speed or top dollar with both numbers in front of you.

What would your Richmond home sell for?

Enter the address. We send a cash offer and a list-price estimate, free and with no obligation.

Is it a good time to sell a house in Richmond, TX?

Richmond is a buyer's market right now, with 6.2 months of homes for sale. Over the last 12 months, 1,707 resale homes sold at a median $360,000 (down 5.8% from the year before) in a median 32 days, for 96.2% of their original asking price. Homes priced right still sell; 40% of sellers cut their price before they sold.

The Richmond home market, October 2026

From our monthly market report: resale single-family homes closed 2025-10-18 to 2026-10-18, HAR MLS (new construction excluded).

Median sale price · 12 mo
$360,000 ▼ 5.8%
Last 3 months $365K · 1,707 resales
Price per sq ft · 12 mo
$160 ▼ 1.9%
Median 2,426 sq ft · built 2013
Days on market · 12 mo
32 days ▲ 6 days
CDOM 58 · 97.7% of list · 82% below original ask
Cash buy target · 12 mo
$293,000 ■ flat
Median fixer-upper sale (68) · 23% below updated $/sq ft · cash sales $340K
Seller concessions · 12 mo
42% ▲ 4 pts
of sales · median $6,000 (1.7%)
Median rent, houses · 12 mo
$2,300 ▲ 2.2%
1,977 leases · $1.11/sq ft · 3-bed $2,100
2024-102026-10$352K
Median resale price by month, 24 months (gray = the year before).

▲▼ = change vs the 12 months before (2024-10-18 to 2025-10-18). Resale single-family houses, new construction excluded.

Buyer's market6.2 months of inventory

1,460 single-family homes active, 335 pending, against 236 closings a month (new builds included). Under 4 months favors sellers, over 6 favors buyers.

40%
Of sellers cut their price
1,707
Resales, last 12 months

25% sold at or above their final list price; 40% cut their price first. 1,460 single-family homes are for sale today.

Your two options

What changes between a cash sale and a listing in Richmond.

Cash offer

  • Close on the date you choose, often in 7 to 14 days
  • Sold as-is: no repairs, cleaning or showings
  • No buyer financing to fall through

Best when time, condition or certainty matters more than top dollar.

List with Gableway

  • Priced from real Richmond sales, not an online estimate
  • Listed on HAR and syndicated to Zillow and Realtor.com
  • A weekly report on views, showings and buyer feedback

Best when you have time to sell and want full market price.

How fast Richmond homes sell, by price

Resales in the last 12 months. Sale to original asking price shows how much room sellers gave up from their first price.

Price rangeHomes soldMedian days on marketSale / original askCut their price
Under $250K1243193.4%40%
$250K–$350K6253395.9%44%
$350K–$500K5703196.6%38%
$500K and up3823196.1%35%

What Richmond homes sell for, by size

BedroomsMedian sale priceMedian sq ftMedian days on marketHomes sold
2$316,0001,6742565
3$310,0001,93432583
4$395,0002,61132856
5+$585,0003,94134196

Richmond by ZIP code

ZIP codes with at least 15 resales in the last 12 months.

ZIPMedian sale pricePrice / sq ftMedian days on marketSale / original askHomes sold
77406$396,000$1603196.2%678
77407$350,000$1583295.8%536
77469$327,000$1603296.4%487

How it works

Three steps. You decide at every one of them.

  1. Tell us about the home

    Address, condition and your timeline. A two-minute form or a phone call to (713) 766-1197.

  2. See both numbers

    A written cash offer and a list-price estimate from real Richmond sales, plus a net sheet for each.

  3. Choose and close

    Cash, a listing, or neither. A Houston title company closes and pays you on your contract date.

Inherited a house

Probate, heirship and an estate to settle. Selling an inherited home.

It needs work

Foundation, roof or a full update. Sell as-is for cash, or list it with the repairs priced in.

Moving or downsizing

Pick a closing date that matches your move, or rent it out with our property management.

Tired landlord

Sell with the tenant in place, or let us manage it. Property management.

Selling in Richmond: questions we hear

How long does it take to sell a house in Richmond?
The median resale in Richmond went under contract after 32 days on the market (58 days counting earlier listings of the same home). 29% sold within two weeks of listing. A financed buyer then usually needs about 30 to 45 days to close; a cash sale can close in one to two weeks.
What is my house worth in Richmond, TX?
The median Richmond resale sold for $360,000, or $160 per square foot. 3-bedroom homes sold for a median $310,000 and 4-bedroom homes for $395,000. Your home's value depends on its size, condition, street and recent sales next to it. Ask for a free CMA: we compare your home to the closest real sales and send the report.
How much money will I actually get from selling my house in Richmond?
Your net is the sale price minus your loan payoff, agent commissions (negotiable, not set by law), the title policy and closing fees, prorated property taxes and any credits you give the buyer. In Richmond, 42% of sellers gave the buyer a credit at closing, a median 1.7% of the price. We send a written net sheet for your home before you decide anything, for a listing and for a cash sale.
Should I sell my Richmond house for cash or list it?
A cash sale trades price for speed and certainty: no repairs, no showings, and a closing date you choose. A listing usually brings more money if the home shows well and you have time. 29% of Richmond resales in the last 12 months were cash purchases. Gableway is a brokerage that also buys houses, so we put a written cash offer and a list-price estimate side by side and you pick.
Which Richmond ZIP code sells fastest?
77406: a median 31 days on the market at 96.2% of the original asking price (median sale $396,000). Every ZIP is in the table on this page.
Can I sell an inherited house in Richmond?
Yes. In Texas the estate usually needs a court order, a muniment of title or a recorded heirship affidavit before the house can be sold. We work with probate attorneys and can buy the house as-is or list it. See our guide to selling an inherited Houston house.

Selling somewhere else around Houston?

Thinking about keeping it as a rental? See rents and cash flow in Richmond. Buying your next home here? See buying in Richmond.

Sources: HAR MLS closed sales and active listings (single-family resales, new construction excluded). Data as of 2026-10-20; medians for the Richmond postal city (Fort Bend County). Based on information from the Houston Association of REALTORS® MLS; not guaranteed accurate. Not an appraisal; a home's value depends on its own condition and location.

Get both numbers for your Richmond home.

Tell us about the property and your timeline. We follow up with a written cash offer and a list-price estimate.

Prefer email? hello@gableway.com

By submitting, you agree to receive recurring automated messages, including meeting reminders, at the phone number provided to Gableway, LLC. Consent is not a condition of purchase. Reply STOP to unsubscribe, HELP for help. Message frequency varies. Msg and data rates may apply. See our privacy policy.