109 homes in Richmond
Richmond is a diverse East Bay city with waterfront location and BART access. Features growing development, diverse community, and affordability.
Today, Richmond has 108 homes for sale at a median price of $549,000, typically selling in about 37 days.
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Median Home Price
$980K
↑ 75.0% over the past yearMonths of Supply
Estimated time to sell all listings at the current sales pace
2.5 months of supply
Seller's MarketWith only 109 active listings, supply is tight.
What this means for buyers
Inventory is tight relative to how many homes sell each month—buyers have fewer options, and well-priced homes draw competition. Listings typically sell in ~37 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace—buyers have some time, but competition exists.
Inventory Distribution
Homes are selling at a healthy pace—more listings move within 30 days than sit longer on the market.
Most homes are selling within a month, but a meaningful share is starting to linger longer.
Housing Tenure in Richmond
Homeownership is near the state average—a balanced mix of owners and renters.
53%
Homeowners
47%
Renters
Homeownership is 2.5% 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 (+$272K)
Price Reductions
34 listings have reduced their price
31% of active listings
Average reduction: 6.7% (~$37K)
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