Richmond Housing Market Report – August 2026
Here's a look at how the Richmond, CA real estate market performed in August 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 59
- Median Sale Price: $530,000
- Average Sale Price: $568,042
- Average Price Per Sq Ft: $447
- Average Days on Market: 66
- Sale-to-List Price Ratio: 101.2%
Month-Over-Month Trends
Compared to July, the median sale price in Richmond moved 12.7% down (from $607,000 to $530,000). The number of homes sold was 11.9% down compared to the prior month (67 vs. 59). Average days on market shifted 13.8% up (58 days to 66 days).
Year-Over-Year Comparison
Compared to August 2025, the median sale price is 18.2% down (from $648,250 to $530,000). Sales volume is 18.1% down year-over-year.
Richmond Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94804 | 22 | $443,000 | $430 | 95 |
| 94801 | 15 | $454,000 | $405 | 61 |
| 94805 | 9 | $600,000 | $561 | 49 |
| 94806 | 9 | $580,000 | $419 | 48 |
| 94803 | 4 | $801,000 | $499 | 43 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 41 | $550,000 | $452 |
| CONDOS | 11 | $410,000 | $474 |
| TOWNHOMES | 3 | $532,000 | $326 |
| MULTI_FAMILY | 2 | $650,000 | $372 |
| CONDO | 1 | $730,000 | $497 |
| LAND | 1 | $225,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $200K - $299K | 6 |
| $300K - $399K | 10 |
| $400K - $499K | 9 |
| $500K - $749K | 23 |
| $750K+ | 11 |
Current Active Listings
As of this report, there are 278 active listings in Richmond with a median asking price of $599,000 and an average of 91 days on market.
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