Richmond Heights, Richmond Housing Market · 2026

Data through Mar 2026

Richmond Heights, Richmond Market Snapshot

Richmond Heights still favors sellers, but the market is cooling. Here's where things stand:

Based on 6 homes sold in March 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 March 2026

SalesWhat are homes selling for?
Median Sale Price
$740K
Down 15.9% from March 2025
Down $140K from March 2025
Homes Sold
6
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$4,708/mo
6.53% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$3,754
  • Property Tax$771
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
16.5 days
2 more days than in March 2025
Homes typically sell within a month
Sale-to-List Ratio
105.2%
Down from 115.4% in March 2025
Selling 5% above asking
% Sold Over Asking
50%
More than half of homes sold above their asking price
Active Listings
4
Up 33.3% from March 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
Down 15.9% year-over-year in Richmond Heights. Based on 6 sales in the most recent month.
Homes Sold
33% fewer homes sold than a year ago in Richmond Heights.
Total Monthly Payment
Estimated monthly cost is down 17% 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 6.53%. 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 still favors sellers, but conditions are slowly improving for buyers. Well-priced homes move fast, and there is slightly more room to negotiate than there was a year ago.

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

At $740K, Richmond Heights, Richmond's median sits about 61% below the Bay Area average of $1.88M. Richmond Heights, Richmond is among the most accessible parts of the Bay Area.

Within Richmond, this area trades about 14% above the city-wide median of $650K.

How competitive is Richmond Heights, Richmond for buyers?

Richmond Heights, Richmond currently favors sellers:

  • Homes sell about 5% above asking on average
  • 50% close above list price
  • 16.5 days typical time to go pending

Buyer strategy: well-priced homes still move quickly, but there is modest room for strong offers. Come in pre-approved with a clear plan.

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

At $740K with 20% down at 6.53%, your estimated total monthly cost is approximately $4,708:

  • $3,754 principal and interest
  • $771 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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