Iron Triangle, Richmond Housing Market · 2026

Data through May 2026

Iron Triangle, Richmond Market Snapshot

Iron Triangle is a balanced market, but competition has been picking up. Here's where things stand:

Based on 11 homes sold in May 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Enough to see the trend, but individual sales still move the median. Updated weekly.

Data through May 2026

SalesWhat are homes selling for?
Median Sale Price
$475K
Up 1.6% from May 2025
Up $8K from May 2025
Homes Sold
11
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$3,077/mo
6.49% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$2,399
  • Property Tax$495
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
42 days
27 fewer days than in May 2025
Buyers have time to decide
Sale-to-List Ratio
101.8%
Up from 98.0% in May 2025
Selling at or near asking price
% Sold Over Asking
64%
More than half of homes sold above their asking price
Active Listings
18
Down 14.3% from May 2025
About 1.6 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Iron Triangle.

Median Sale Price
Up 1.6% year-over-year in Iron Triangle. Based on 11 sales in the most recent month.
Homes Sold
38% more homes sold than a year ago in Iron Triangle.
Total Monthly Payment
Estimated monthly cost is down 1% from a year ago in Iron Triangle, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 6.49%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Iron Triangle, Richmond

Is now a good time to buy in Iron Triangle, Richmond?

Iron Triangle, Richmond is balanced but competition is picking up. It remains a reasonable environment for buyers, though acting decisively on well-priced homes is becoming more important.

How do Iron Triangle, Richmond home prices compare to the Bay Area average?

At $475K, Iron Triangle, Richmond's median sits about 74% below the Bay Area average of $1.85M. Iron Triangle, Richmond is among the most accessible parts of the Bay Area.

Within Richmond, this area trades about 32% below the city-wide median of $700K.

By home type:

  • Single-family homes at $450K
  • Townhomes at $505K
What price range should I budget for in Iron Triangle, Richmond?

Prices in Iron Triangle, Richmond depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Single-family homes at $450K
  • Townhomes at $505K

Individual listings vary widely based on location, size, and condition. The best calibration is to narrow to a few specific neighborhoods you are considering and look at recent sales there.

How competitive is Iron Triangle, Richmond for buyers?

Iron Triangle, Richmond is a balanced market where neither side dominates:

  • Homes sell about 2% above asking on average
  • 64% close above list price
  • 42 days typical time to go pending

Buyer strategy: contingencies are more accepted, and there is time to tour and negotiate without extreme pressure.

What will my total monthly cost be on a median-priced Iron Triangle, Richmond home?

At $475K with 20% down at 6.49%, your estimated total monthly cost is approximately $3,077:

  • $2,399 principal and interest
  • $495 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra. Condo buyers typically budget an additional $300 to $700 per month for HOA, and townhome HOAs run $200 to $500.

No noise, just a quick weekly read on what's going on in your market.

Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
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