Richmond Housing Market Report – April 2026
Here's a look at how the Richmond, CA real estate market performed in April 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 59
- Median Sale Price: $648,000
- Average Sale Price: $675,251
- Average Price Per Sq Ft: $511
- Average Days on Market: 57
- Sale-to-List Price Ratio: 106.5%
Month-Over-Month Trends
Compared to March, the median sale price in Richmond moved 1.8% down (from $660,000 to $648,000). The number of homes sold was 11.3% up compared to the prior month (53 vs. 59). Average days on market shifted 1.8% up (56 days to 57 days).
Year-Over-Year Comparison
Compared to April 2025, the median sale price is 9.8% up (from $590,000 to $648,000). Sales volume is 13.2% down year-over-year.
What This Means
Richmond's housing market is showing some interesting mixed signals this April. While sales volume jumped 11 percent month-over-month to 59 homes, the median price dipped slightly to $648,000—a small pullback after months of gains. The real story here is the year-over-year strength: homes are still selling for nearly 10 percent more than they were a year ago, suggesting the market hasn't lost its fundamental momentum despite recent softness. Sellers continue to have leverage, with homes selling at 106.5 percent of list price, well above the break-even point.
However, there's a warning sign worth noting. Days on market ticked up to 57 days, and year-over-year sales volume dropped 13 percent. This suggests inventory is constraining transactions rather than demand being robust. With 201 active listings competing for buyers, homes are sitting slightly longer than before, giving shoppers more negotiating room than they've had in recent years.
For buyers, April represents a relatively buyer-friendly moment in Richmond. While prices remain elevated on a yearly basis, the combination of longer market times and fewer competing sales could mean better selection and negotiating power. Sellers hoping to capitalize on last year's appreciation may need realistic expectations as spring inventory settles in.
Richmond Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94804 | 26 | $546,000 | $545 | 62 |
| 94806 | 12 | $616,500 | $442 | 69 |
| 94805 | 9 | $740,000 | $590 | 36 |
| 94803 | 7 | $865,000 | $470 | 41 |
| 94801 | 5 | $535,000 | $418 | 67 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 48 | $651,000 | $526 |
| CONDOS | 6 | $414,500 | $474 |
| TOWNHOMES | 3 | $648,000 | $501 |
| MULTI_FAMILY | 2 | $730,000 | $291 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $300K - $399K | 3 |
| $400K - $499K | 11 |
| $500K - $749K | 23 |
| $750K+ | 22 |
Current Active Listings
As of this report, there are 201 active listings in Richmond with a median asking price of $538,000 and an average of 102 days on market.
Thinking About Selling Your Richmond Home?
If you're a homeowner in Richmond considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Richmond and throughout Contra Costa County — get a no-obligation cash offer today.