What is the median home price in Richmond right now?
As of Q1 2026, Richmond median home price is $695,000, at $480/sqft.
Richmond · Q1 2026 · Updated 2026-04-15
Richmond real estate market report, Q1 2026.
Updated by Roger Grubb, a 18-year Bay Area realtor (DRE #01845823, Security Pacific Real Estate) who transacts in Richmond regularly. Numbers below reflect actual closed sales as of 2026-04-15.
Richmond Q1 2026 in 4 numbers
Median price
$695,000
$/sqft
$480
Days on market
17
YoY appreciation
+3.8%
Roger's read on Richmond
The market right now.
A working-class city with deep history and pockets of beauty (Point Richmond, Marina Bay) being rediscovered. Where Roger’s current duplex listing on Van Fleet Ave lives.
Insider note: The Annex (where the Van Fleet listing lives) is quietly one of the best value-per-sqft plays in the inner East Bay. Point Richmond holds value through downturns better than the rest of the city.
Who's buying here right now: Investors, Income property buyers, First-time buyers, Waterfront seekers.
What this market is NOT: A homogeneous market — Richmond varies block-by-block in a way few East Bay cities do. The trick is knowing which blocks.
Richmond Q1 2026 FAQ
How long are homes sitting on the market in Richmond?
17 days on market on average. A correctly priced, well-prepped home often goes pending in 7-14 days.
Is Richmond appreciating?
Year-over-year East Bay metro appreciation: +3.8%. Inventory is up +22% YoY across the metro, which has stabilized days-on-market.
Is now a good time to buy in Richmond?
Richmond median has held steady. With inventory up and DOM at 17, buyers have slightly more leverage than in 2024. Roger advises on the specific math for your situation.
Is now a good time to sell in Richmond?
17 DOM means well-prepped homes are still moving. The market favors prepped + priced-right listings over price-high-and-wait strategies.
What's the Richmond price-per-sqft trend?
Richmond is currently at $480/sqft. The Annex (where the Van Fleet listing lives) is quietly one of the best value-per-sqft plays in the inner East Bay. Point Richmond holds value through downturns better than the rest of the city.
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