Updated May 2026 · Redfin · 3-month window
77407 Real Estate Market Update: Richmond, TX, May 2026
The latest housing-market numbers for ZIP code 77407 in Richmond, Texas, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $370K | ▲ +4.2% | ▲ +1.4% |
| Days on market | 62 | ▼ -12.7% | ▲ +40.9% |
| Homes for sale | 299 | ▼ -1.3% | ▼ -2.6% |
| Sale-to-list | 96.5% | ▲ +0.4% | ▼ -0.1% |
| Homes sold | 158 | ▼ -2.5% | ▼ -8.7% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 77407 numbers say
Prices in Richmond's 77407 ZIP are still climbing. The median sale price reached $370,000, up 1.4% year over year. The market has loosened: a typical listing now takes around 62 days to go under contract, with sellers getting 96.5% of list price.
Based on 158 recent sales, 77407 is currently an active market.
What this means if you sell in 77407
Use these figures to set expectations early. Lead a listing appointment with the median price and the 62-day pace, show the year-over-year direction, and frame 77407 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Richmond post →Frequently asked: the 77407 housing market
- What is the median home price in ZIP 77407 (Richmond, TX)?
- As of May 2026, the median sale price in ZIP 77407 is $370,000 (+1.4% year over year), per the Redfin Data Center. Figures are a rolling 3-month window 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 96.5% sale-to-list ratio, about 62 days on market for May 2026.
- How long do homes take to sell in ZIP 77407?
- A typical listing in 77407 goes under contract in about 62 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 77407 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.