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Richmond, TX

Full City Profile · Texas · Fort Bend County County

3.1 /5.0
B Good
12,117 Population 2,811/sq mi density
$68,564 Median Income $32,382 per capita
$229,800 Home Value $378,326 Zillow
$1,248 Median Rent 42.8% income on rent
71°F Avg Temperature 314 sunny days/yr
372 Violent Crime/100K 1,853 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$68,564 median income, 3.5% unemployment
A+
Affordability
4.8 / 5.0
$229,800 home value, $1,248/mo rent
F
Safety
1.0 / 5.0
372 violent crimes/100K
C+
Education
2.6 / 5.0
20.3% bachelor's degree or higher

Housing Overview

Median Home Value
$229,800
18% below
US avg: $281,900
Median Rent
$1,248/mo
7% above
US avg: $1,163/mo
Homeownership Rate
60.1%
8% below US avg (65.4%)
Total Housing Units
4,657
Median year built: 1979

Home Value by Source

Census Median
$229,800
Zillow (ZHVI)
$378,326
Median Sale Price
$355,000
Median List Price
$325,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

60.1%
Owner-Occupied
39.9%
Renter-Occupied
60%
40%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent: $1,248/mo · Zillow rent: $1,710/mo

Market Indicators (Redfin)

Median Days on Market
129 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
7
Price Drops
25.6%
of listings with price reduction
Price Per Sq Ft
$170
Active Inventory
39
homes for sale

Affordability & Housing Stock

Rent Burden
42.8%
of renters spending 30%+ of income on housing
38% above US avg (31.0%)
Median Year Built
1979
Average age of housing stock: 47 years
Homeownership Rate
60.1%

Complete Housing Data

Home Values

Census Median Value$229,800
Zillow Home Value (ZHVI)$378,326
Median Sale Price$355,000
Median List Price$325,000
Price Per Sq Ft$170

Rent

Census Median Rent$1,248
Zillow Rent (ZORI)$1,710
FMR Studio$887
FMR 1-Bedroom$935
FMR 2-Bedroom$1,149
FMR 3-Bedroom$1,497
FMR 4-Bedroom$1,733

Market

Days on Market129
Sale-to-List Ratio0.9%
Price Drops25.6%
Homes Sold7
Active Inventory39
Price Per Sq Ft$170

Ownership & Stock

Owner-Occupied60.1%
Renter-Occupied39.9%
Homeownership Rate60.1%
Total Housing Units4,657
Median Year Built1979
Rent Burden42.8%