77406, Richmond, TX Housing Market

ZIP code 77406's median home value is $424K, down 0.3% over the past year. Homes here sell in a median 40 days. Its PropertyIQ Score of 15 sits below the state average of 50, marking a market positioned to lag its state over the next three years.

77406, Richmond, TX is one of nearly 20,000 U.S. ZIP codes that PropertyIQ analyzes with AI-powered demand signal scoring. ZIP-level analysis provides the most hyperlocal view of housing market dynamics available, measuring how demand within 77406 compares to the TX state average and identifying outperformance potential before it appears in price data.

South Central ZIP codes span energy-driven rural communities and rapidly urbanizing suburban subdivisions. PropertyIQ's ZIP-level scores identify demand hotspots within Texas, Oklahoma, Louisiana, and Arkansas at a neighborhood granularity that metro and county data cannot provide. Within the South Central, ZIP code 77406's PropertyIQ Score of 15 runs below the South Central norm.

PropertyIQ distills four housing signals into a single 1 to 99 score for 77406, Richmond, TX at the most granular geography available: Zillow twelve-month and three-month home-value momentum, Realtor.com median days on market, and the Realtor.com price-reduced share. It is not a generic market-health grade; it is a validated predictor of which ZIP codes are positioned to outperform their state. The ZIP-level view often tells a different story than the broader county or metro score.

View 77406, Richmond, TX's PropertyIQ Score and compare it against other ZIP codes in the state. Generate a free AI market report for this ZIP code or explore historical trends on the interactive map to understand how this micro-market has evolved.