Updated July 2026Zillowmonthly
77407 Real Estate Market Update: Richmond, TX, July 2026
The latest housing-market numbers for ZIP code 77407 in Richmond, Texas, for July 2026: a $349K median sale price, straight from Zillow Research. ZIP-level figures are monthly figures, smoothed over three months by Zillow.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $349K | ▲ +2.0% | ▼ -4.1% |
| Days to pending | 75 | ▲ +5.6% | ▼ -2.6% |
| Homes for sale | 400 | ▲ +6.1% | ▲ +14.3% |
| Sale-to-list | 97.6% | ▲ +0.3% | ▲ +0.6% |
| New listings | 98 | ▼ -7.5% | ▲ +5.4% |
Figures from Zillow Research (monthly figures, smoothed over three months by Zillow). Verify against your MLS before posting. Not a valuation for a specific home.
What the 77407 numbers say
The 77407 ZIP in Richmond is cooling. The median sale price sits at $349,063, 4.1% below last year. The market has loosened: a typical listing now takes around 75 days to go under contract, with sellers getting 97.6% of list price.
With 400 homes for sale and 98 new listings this month, 77407 is currently an active market.
What this means if you sell in 77407
Use these figures to set expectations early with each client. Lead a listing appointment with the $349K median price and the 75-day pace, show the year-over-year direction, and frame 77407 as an active market. A buyer or seller client trusts an agent who knows their exact ZIP, not just the metro average.
How we track the 77407 market
We built LOKAL to pull 77407's numbers straight from Zillow Research, so an agent and a client read from the same source. For July 2026 we recorded a $349K median sale price, -4.1% year over year, a 97.6% sale-to-list ratio and a +2.0% month-over-month move with 400 homes for sale. That compares with roughly $364K a year earlier, in 2025. We refresh every ZIP monthly from Zillow Research, which only publishes a smoothed median once a ZIP has enough transactions, so the median stays reliable instead of noisy. Both sources have published ZIP-level series for years, which is what lets us show month-over-month and year-over-year change here in 2026. LOKAL is independent and not affiliated with Zillow; always verify against your MLS before you publish.
ZIP-code areas follow U.S. Postal Service boundaries; for complementary demographics on 77407 (population, median household income, owner-occupancy), see the U.S. Census Bureau profile for this ZIP Code Tabulation Area. LOKAL covers price and pace; the Census covers who lives there.
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Build the 77407 post →Frequently asked: the 77407 housing market
- What is the median home price in ZIP 77407 (Richmond, TX)?
- As of July 2026, the median sale price in ZIP 77407 is $349,063 (-4.1% year over year), per Zillow Research. Figures are monthly figures, smoothed over three months by Zillow for this ZIP code.
- Is ZIP 77407 a buyer's or seller's market right now?
- ZIP 77407 is currently an active market, based on a 97.6% sale-to-list ratio, about 75 days on market for July 2026.
- How long do homes take to sell in ZIP 77407?
- A typical listing in 77407 goes under contract in about 75 days as of July 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 77407 market data come from?
- All figures for 77407 come from Zillow Research: monthly figures, smoothed over three months by Zillow. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Zillow.
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Data from Zillow Research (ZIP-level market data, monthly figures, smoothed over three months by Zillow), not a valuation for a specific home.