Richmond, CA Housing Market
Median List Price
$565,000
Updated August 2026
Today, Richmond has 121 homes for sale at a median list price of $565,000, typically selling in about 35 days.
Richmond Market Analysis
Homes in Richmond, CA carry a median list price of $565,000. Per square foot, the median stands at $474. Little has changed over the last six months, with the median price at $646,900 in July versus $648,000 in February.
The typical listing reaches pending status in about 13 days. Homes move quickly at that pace, which favors sellers and rewards buyers who come prepared. Right now 121 homes are on the market in Richmond, CA. 54 new listings came on the market in the last 30 days.
Five bedroom homes carry the highest medians at $998,000, with one bedroom homes starting the range at $354,000. Single family homes make up about 69.4% of current inventory, with condos accounting for another 24.8%. Richmond, CA covers the 94804, 94801, 94805, 94806, and 94803 ZIP codes.
Richmond Rental Market
Rentals in Richmond, CA carry a median asking rent of $3,499. The median rent moved from $2,100 in November 2025 to $2,395 in April 2026, a 14.0% increase over six months. Right now 16 rentals are on the market in Richmond, CA.
Richmond Market Pulse
Topfind Market Read
Sellers hold the edge right now. Supply sits at 3.2 months, roughly in step with demand, and selling times have improved 33% versus six months ago. At the same time, 30% of sellers have trimmed their asking price, so the market is not running away from buyers. Sellers have the stronger hand, though prepared buyers can still negotiate on the right home.
Median Home Price
$565K
↑ 7% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
3.2 months of supply
Balanced Supply121 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~35 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. Homes are moving 33% faster than six months ago.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in Richmond
Homeownership is near the state average, with a balanced mix of owners and renters.
53%
Homeowners
47%
Renters
Homeownership is 2.5 points lower than the California average (55.5%)
40,466 households (2023)
Median Price by Bedroom
Home prices rise significantly with each additional bedroom.
Each additional bedroom adds about $165K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$289K)
Price Reductions
36 listings have reduced their price
30% of active listings
Average reduction: 6.9% (~$39K)
Browse Richmond Listings
Frequently Asked Questions about the Richmond, CA Housing Market
What is the median home price in Richmond, CA?
The median list price in Richmond is $565,000 as of August 2026, based on 121 active listings.
Is Richmond a buyer's market or a seller's market?
Richmond currently reads as a seller's market. Active inventory works out to about 3.2 months of supply at the recent sales pace.
How fast do homes sell in Richmond?
Homes that closed in the last 90 days typically went under contract in about 13 days. The average home currently for sale has been on the market for 35 days.
Are home prices in Richmond going up or down?
The median sale price in Richmond is up about 7.2% compared with a year ago.
How many homes are for sale in Richmond, CA?
There are 121 homes for sale in Richmond right now, including 17 listed within the last week.
What is the median rent in Richmond?
The median asking rent in Richmond is $3,499 per month, across 16 active rental listings.