Housing Prices in Richards, TX
How much do homes in Richards, TX cost?
Median List Price
$584,500
$313/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Richards has increased by 30.2% since last year.
Summary: The median home list price in Richards was $584,500 in May 2024, up 30.2% from the previous year, and the median price per square foot was $313.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $450K | N/A |
| 2 Bedrooms | $175K | $499.7K | +185.6% |
| 3 Bedrooms | $449K | $584.5K | +30.2% |
| 4 Bedrooms | $357.5K | $799.9K | +123.7% |
| 5+ Bedrooms | $1.5M | - | N/A |
Summary: Richards housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 185.6%, 3 bedroom homes increased by 30.2%, 4 bedroom homes increased by 123.7%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Richards | $449K | $584.5K | +30.2% |
| Anderson-Bedias | $359K | $437.9K | +22.0% |
Housing Supply in Richards, TX
How many homes are available in Richards, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Summary: The Richards real estate market had 8 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Richards housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Richards, TX
How long does it take to sell a home in Richards, TX?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 123 Days | 71 Days | -42.5% |
Summary: Homes in Richards had an average listing age of 71 days in May 2024, down by 42.5% compared to the previous year.
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