Richmond Heights, Richmond Housing Market · 2026

Data through Jul 2026

Data curated by Melanie Tan, 8 Blocks Real Estate · How this data works

Richmond Heights, Richmond Market Snapshot

Richmond Heights is one of the most competitive markets in the Bay Area, and it's still heating up. Here's what you need to know:

Based on 13 homes sold in the 3 months ending July 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through July 2026

SalesWhat are homes selling for?
Median Sale Price
$800K
Up 6.5% from July 2025
Up $49K from July 2025
Homes Sold
13
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$5,149/mo
6.71% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$4,133
  • Property Tax$833
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
15 days
19 fewer days than in July 2025
Homes typically sell within a month
Sale-to-List Ratio
113.0%
Up from 94.5% in July 2025
Selling 13% above asking
% Sold Over Asking
84%
84% of homes sold above their asking price
Active Listings
3
Down 70.8% from July 2025
About 0.7 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Richmond Heights.

Median Sale Price
Up 6.5% year-over-year in Richmond Heights. Based on 13 sales in the last 3 months.
Homes Sold
Total Monthly Payment
Estimated monthly cost is up 6% from a year ago in Richmond Heights, 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 6.71%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Richmond Heights, Richmond

Is now a good time to buy in Richmond Heights, Richmond?

Richmond Heights, Richmond is one of the most competitive markets in the Bay Area. Buyers should expect to offer above asking price, be prepared to waive contingencies, and act fast. Coming in with strong financing and a clear strategy is essential.

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

At $800K, Richmond Heights, Richmond's median sits about 56% below the Bay Area average of $1.80M. Richmond Heights, Richmond is among the most accessible parts of the Bay Area.

Within Richmond, this area trades about 24% above the city-wide median of $644K.

How competitive is Richmond Heights, Richmond for buyers?

Richmond Heights, Richmond is one of the Bay Area's more competitive markets:

  • Homes sell about 13% above asking on average
  • 84% close above list price
  • 15 days typical time to go pending

Buyer strategy: budget 5 to 10% above ask on well-priced listings, with financing pre-approved and offers ready to move quickly.

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

At $800K with 20% down at 6.71%, your estimated total monthly cost is approximately $5,149:

  • $4,133 principal and interest
  • $833 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra.

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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