Which price ranges sell the most homes in Richmond?
Built from Allen Markel's own listing data · Texas Premier Realty ·
Short answer
Of the 2,910 homes that closed in Richmond in the 12 months to August 2026, the most sales were in the $250K to $500K range: 1,955, or 67%. Under $250K had 211, $500K to $1M had 679, $1M+ had 65.
Closed sales by price band
Closed sales by price band over the 12 months to August 2026: Under $250K: 211 (7%); $250K to $500K: 1,955 (67%); $500K to $1M: 679 (23%); $1M+: 65 (2%).
Why the band matters
Where most sales happen tells you where the most comparable homes are, which usually means the clearest read on price. A home in a thinner band has fewer recent comparables, so its pricing leans on more judgment. Every buyer and seller in Richmond is weighing a different set of trade-offs, and waiting to decide is often the costliest choice. When you are ready to look at your price range for a specific address or plan, talk to us to find the right option for your circumstances.
| Measure | Value |
|---|---|
| Closed sales Under $250K | 211 (7%) |
| Closed sales $250K to $500K | 1,955 (67%) |
| Closed sales $500K to $1M | 679 (23%) |
| Closed sales $1M+ | 65 (2%) |
Common follow-up questions
Are these active listings?
No. They are homes that closed in the last 12 months, by sale price band.
Does a thinner band mean fewer buyers?
It means fewer sales, which can be because fewer homes are for sale or fewer buyers are looking at that price.
Sources
Talk it through with Allen
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Related questions
What is the median home price in Richmond?
Homes that sold in Richmond over the last six months had a median sale price of $375,500, about $172 per square foot, on 1,572 closed sales.
Read answerAre home prices in Richmond going up or down?
For Richmond, the answer is mostly lower. In 0 of the last 12 months the median sale price was above the same month a year earlier, and in 12 it was below.
Read answerHow many homes are for sale in Richmond and in which price bands?
Richmond has 1,496 homes for sale right now, which is about 5.9 months of supply at the recent pace of sales.
Read answerHow long does it take to sell a home in Richmond?
In Richmond, homes that sold in the last 12 months averaged between 77 and 103 cumulative days on the market, depending on the month, and the 1,520 homes for sale now have been listed for an average…
Read answerIs Richmond a buyer's market or a seller's market?
By months of inventory, Richmond is a balanced market right now: 5.9 months of supply, with 1,496 homes for sale against 1,572 sales in the last six months.
Read answerHow many homes sell in Richmond each month?
About 2,910 homes closed in Richmond in the 12 months to August 2026, an average of 242 a month, with 296 in June the busiest month and 155 in January the quietest.
Read answer
Answers describe transactions and public data. They are not legal, tax or financial advice.