Contra Costa · Contra Costa County

The Richmond real estate market.

A data-first read on Richmond, drawing on 1,471 home sales recorded across the MLS in the two years ending July 2026.

Market at a glance

Richmond, by the numbers

Single-family median
$660,000
1,165 sales · 18 days
Condo / townhome median
$515,000
306 sales · 31 days
SFR price / sq ft
$497
Single-family
Sale-to-list (SFR)
101.4%
vs. asking price
Condo price / sq ft
$478
Condo / townhome
Homes sold (MLS · 24 mo)
1,471
All brokerages, market-wide

Source: Bay East / Paragon MLS closed sales, Jul 2024 – Jul 2026. Single-family = detached; condo/townhome = attached. Medians; verify specifics for any individual property.

Price trends

Richmond price trends, month by month

2024-07–2026-07, real MLS closings. Single-family and condo/townhome shown separately.

Single-family, Median $660,000 · up ~2% year-over-year · 101.4% of list · 18 days on market

Condo / townhome, Median $515,000 · roughly flat year-over-year · 100.0% of list · 31 days on market

Days on market

How long homes take to sell, month by month, lower is faster. Single-family vs. condo/townhome.

What the numbers say

Richmond's single-family homes carry a median of $660,000, making it among the more attainable in Contra Costa. Single-family homes have stayed competitive, closing in a median of 18 days at 101.4% of list. Single-family values have edged up about 2% over the past year.

Condos and townhomes offer a more attainable path at a median of $515,000, a clear step below detached houses. Condos and townhomes have stayed competitive, closing in a median of 31 days at 100.0% of list. Condo and townhome values have held roughly flat over the past year.

Location does most of the work here: single-family homes in ZIP 94803 run about $799,500 while 94801 is nearer $545,000, a spread of roughly 47% across the same city. The ZIP, not the citywide average, sets the price you actually pay.

By neighborhood

Richmond by ZIP

ZIP 94803


$799,500 single-family (348 sales)
$429,500 condo / townhome (48 sales)

ZIP 94805


$705,000 single-family (212 sales)

ZIP 94806


$630,000 single-family (517 sales)
$455,000 condo / townhome (113 sales)

ZIP 94804


$616,000 single-family (423 sales)
$500,000 condo / townhome (186 sales)

ZIP 94801


$545,000 single-family (230 sales)
$515,775 condo / townhome (73 sales)

Price cliff, where value hides next door

In Richmond, single-family homes in ZIP 94803 run about $799,500 while 94801 is nearer $545,000, a real, data-backed gap across town.

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Richmond, common questions

What buyers & sellers ask us

What is the median home price in Richmond, CA?

Based on 1,471 closed sales in the 24 months ending July 2026 (Bay East/Paragon MLS), Richmond's single-family median was $660,000 and condos/townhomes $515,000. Prices vary by neighborhood and property type.

Are homes in Richmond selling over asking?

Over the last 24 months, Richmond single-family homes closed at a median of 101.4% of list price and sold in about 18 days.

Which Richmond area is most expensive?

For single-family homes, ZIP 94803 is the priciest in Richmond with a median around $799,500, while 94801 offers relative value near $545,000.


Figures from Bay East / Paragon MLS closed sales, 24 months ending July 2026; medians, not guarantees.

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