Market Overview
Home Prices in Richards, TX
The median home value in Richards, TX is $414,907 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.2% compared to a year ago and up 1.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Richards are priced1% above average. Richards is part of the Houston-The Woodlands-Sugar Land, TX metro area.
Over the past five years, Richards home values have risen by approximately20.6%, reflecting strong long-term appreciation in this market.
Price History
Richards Home Price Trend
City Comparison
Richards vs. National Median
At $414,907, homes in Richards cost 1% above the national median of $410,000. Buyers in Richards should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Richards?
20% Down Payment
$82,981
on $414,907
Monthly P&I
$2,164/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,748/mo
incl. taxes & insurance
Income Needed
$109,920
gross annual (30% rule)
10% Down Option
$41,491
+ PMI applies
Loan Amount (20% dn)
$331,926
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Richards, TX?
The median home value in Richards is $414,907 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.2% year-over-year.
How much have home prices changed in Richards?
Over the past year, home values in Richards have increased by 0.2%. Over five years, prices have risen approximately 20.6%.
How much do I need to earn to buy a home in Richards?
To comfortably afford the median home price of $414,907 with a 20% down payment ($82,981) at today's rates (6.8%), you'd need a gross annual income of approximately $109,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Richards compare to the national average home price?
The national median home value is approximately $410,000. At $414,907, homes in Richards are 1% above the national average.
What metro area is Richards part of?
Richards is part of the Houston-The Woodlands-Sugar Land, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.