Richmond, CA Home Values & Market Trends
Real estate market trends reflect that there have been 805 transactions over the past year in Richmond. The median value for residential home transactions that occurred over the previous year is $548,853. The number of current listings in Richmond is 1,072, and the percentage of properties for sale in the city is 1072.00%. Richmond, CA currently has 67 properties in foreclosure, 9 bank owned properties, 15 properties headed for auction, and 1,072 properties for sale.
Richmond, CA Real Estate Market Overview
Housing Market Summary for Richmond, CA
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $598.8K | $589K | -1.64% |
| Median Sold Price | $644.2K | $541.5K | -15.94% |
| Homes For Sale | 677 | 1,058 | 56.28% |
| Homes Sold | 666 | 385 | -42.19% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Richmond, CA
Browse Homes in Richmond, CA
Richmond home values range from $125,261 to $2,040,360. The median estimated value of a home in Richmond is $548,853. The median list price of a home is 579,900, and the total count of properties in the city is 1,594.
- Pre-ForeclosurePre-foreclosure homes account for 2.70% of all residential properties in Richmond, CA with 94804 containing 28 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Richmond, CA; of those zips, the estimated home value for pre-foreclosure homes ranges from $906,226 in 94805 to the lowest home value of $277,027 in 94804.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Richmond, CA ranges from the highest value of $1,050,000 in 94801 to the lowest value of $399,000 in 94804. Bank owned homes and properties account for 0.56% of properties in Richmond, CA. There are 3 zips within Richmond, CA; 94805 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions94804 has 11 auction properties, the highest number of properties going to auction in a single zip in the state of Richmond, CA. Auction homes and other auction properties account for 0.94% of all properties in Richmond, CA. There are 3 zips within Richmond, CA; of those zips, the median estimated home value for homes going to auction ranges from $647,165 in 94805 to the lowest value of $380,159 in 94805.
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Guide for Richmond, CA
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
