Richmond, CA housing market
The typical Richmond home is worth about $602,000, down 1.7% in a year, 21% below the California typical home. Homes typically sell in 20 days, a little above asking.
Home values, sales, trends and how Richmond compares with the towns next door — updated as new data is published.
Richmond at a glance
A seller's market
Supply is tight — about 2.1 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Richmond | California |
|---|---|---|
| 2017 | $447,000 | $453,000 |
| 2018 | $494,000 | $501,000 |
| 2019 | $534,000 | $539,000 |
| 2020 | $546,000 | $551,000 |
| 2021 | $602,000 | $607,000 |
| 2022 | $670,000 | $703,000 |
| 2023 | $655,000 | $727,000 |
| 2024 | $650,000 | $758,000 |
| 2025 | $642,000 | $782,000 |
| 2026 | $604,000 | $767,000 |
| August 2026 | $602,000 | $764,000 |
Richmond and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Richmond | $602K | −1.7% | 20 | $95,391 |
| El Cerrito | $1.14M | +2.7% | 13 | $127,876 |
| East Richmond Heights | — | — | — | $134,632 |
| North Richmond | — | — | — | $100,673 |
| Kensington | $1.49M | +4.5% | 15 | $237,130 |
| Montalvin Manor | — | — | — | $79,542 |
| Tara Hills | — | — | — | $101,747 |
6.3 years of income
The typical Richmond home costs about 6.3 years of the town's median household income, less than across California (7.7 years).
How Richmond ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Recent listings in Richmond
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.