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77407, Richmond, TX Housing Market

Hyperlocal market intelligence for ZIP code 77407 in TX. Located in Fort Bend County, TX. Part of the Houston, TX metro area.

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77407, Richmond, TX market data

PropertyIQ Score 18F
Median Price
$380K
Rent (ZORI)
$2K
Median DOM
36 days
YoY
-1.9%
What drives the score
Home value YoY: -1.9%3-mo momentum: -0.5%Days on market: 36 daysPrice-reduced share: +12.9%
Data through Jun 2026 · Source: Zillow, Realtor.com

77407, Richmond, TX Housing Market Overview

ZIP code 77407's median home value is $380K, down 1.9% over the past year. Homes here sell in a median 36 days. Its PropertyIQ Score of 18 sits below the state average of 50, marking a market positioned to lag its state over the next three years.

77407, 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 77407 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 77407's PropertyIQ Score of 18 runs below the South Central norm.

The PropertyIQ Score for 77407, Richmond, TX is built from four inputs measured at the ZIP-code level: Zillow home-value momentum over twelve months, Zillow home-value momentum over three months, the median days listings spend on the market (Realtor.com), and the share of listings with a price cut (Realtor.com). The score runs on a 1 to 99 scale computed across all ZIP codes nationally and calibrated so 50 equals the state average, so a score above 50 points to a micro-market positioned to outperform its state.

Explore 77407, Richmond, TX's full market profile including ZIP-level score trends, home value data, and comparisons with neighboring ZIP codes. Use the interactive map to visualize demand signals across the area and identify hyperlocal investment opportunities.

77407, Richmond, TX is located in Fort Bend County, TX.

This ZIP code is part of the Houston, TX metro area.

Market data through June 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.