Current Price

$616,653

1 Month Forecast

â–¼ $611,559

1-Year Forecast *

â–² $634,785

5-Year Forecast *

â–² $623,452

"Is it a good time to buy homes in Richmond?" "Does investing in real estate in Richmond (California State, Contra Costa County) worth it?" According to our live Forecast System, buying a house in Richmond is a not so good short-term (1-year) investment*. The Richmond average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Richmond" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Richmond in California State, Contra Costa County. If you are looking for homes for sale with good flipping profit, Richmond can be a profitable property investment option. The median price of an average house in Richmond was 616,653 USD on 2026-02-16. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Richmond" area is 623,452 USD by 2031-02-16. For a 5-year investment the profit is expected to be around +1.10% meaning that investing 100000 USD today may yield a profit of 1,102 USD by 2031.

Current Median Listing Price: 616,653 USD Median Listing Price Per Square Foot: 343 USD

Richmond Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Richmond (California State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Richmond Price Target

Richmond median home price target in 12 months: $634,785* (upside of 2.9%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $634,938 $608,362 $608,362 $634,938
2024 $622,634 $616,653 $616,653 $630,569
2023 $627,402 $624,709 $612,150 $627,402
2022 $642,047 $636,922 $636,922 $687,341
2021 $577,064 $635,548 $577,064 $635,548
2020 $523,319 $568,664 $523,319 $568,664
2019 $511,621 $520,713 $509,646 $520,713
2018 $473,174 $511,389 $473,174 $511,389
2017 $427,769 $466,957 $427,769 $466,957
2016 $379,814 $423,097 $379,814 $423,097
2015 $320,137 $372,998 $320,137 $372,998
2014 $273,602 $316,771 $273,602 $316,771
2013 $191,504 $269,276 $191,504 $269,276
2012 $160,368 $187,064 $160,368 $187,064

Questions & Answers about the Richmond Housing Market Forecast

How much does an average home cost in Richmond today?

The value of an average home (the listing price) in Richmond is $616,653 USD.

What is the average price per square foot in Richmond?

According to Walletinvestor the median price per square foot in Richmond is 343 USD.

Will the median listing price of homes in Richmond grow / rise / go up?

Yes. The Richmond home prices may rise from 616,653 USD to 634,785 USD in one year.

Is it profitable to invest in Richmond homes?

Yes. The long-term profit potential is +2.94% in one year.

Will Richmond house prices fall / drop?

No. See above.

What is the predicted price of a Richmond home in 2030?

The predicted home sales price of a Richmond home in 2030 in Richmond is 621,225 USD.

What is the predicted price of a Richmond home in 2035?

The predicted home sales price of a Richmond home in 2035 in Richmond is 610,105 USD.

Will real estate prices decrease in Richmond?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Richmond is the 330. largest city in the United States, located in California State.

During the last 12 months the real estate prices in Contra Costa, Richmond decreased, looking at the past 12 months.

According to Walletinvestor's Richmond real estate market research, home values will increase in the next 12 months.

Median home values decreased by 2.430% to 616,653 USD, between 2025-02-16 and 2026-02-16

The average annual profit of property investment was:

  • 1.080% in 2021
  • 1.710% in 2022
  • 3.950% in 2023
  • 3.590% in 2024
  • 1.150% in 2025
  • 1.260% in 2026

Based on our Richmond real estate market research and report the predicted sales prices will increase by 33.616% in the next 10 years.

Over the last 12 months, the value of homes in Richmond fluctuated: decreasing 5 times.

Richmond (California) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Richmond Housing Market Forecast with Real Estate Prices for 2025
August 2025 611559 560799 662318
September 2025 614772 577271 652273
October 2025 618002 563618 672386
November 2025 621249 570928 671570
December 2025 624513 562686 686340
Richmond Housing Market Forecast with Real Estate Prices for 2026
January 2026 626906 564843 688970
February 2026 625831 572010 679653
March 2026 624620 585269 663971
April 2026 625912 587106 664719
May 2026 628167 571632 684702
June 2026 631467 597368 665567
July 2026 634785 575115 694455
August 2026 638120 603024 673217
September 2026 641473 582458 700489
October 2026 644843 610022 679665
November 2026 646042 595651 696434
December 2026 642855 593998 691712
Richmond Housing Market Forecast with Real Estate Prices for 2027
January 2027 639683 607059 672306
February 2027 636526 595789 677264
March 2027 633385 590315 676456
April 2027 630260 581730 678790
May 2027 627150 585758 668542
June 2027 624056 587860 660251
July 2027 620976 586823 655130
August 2027 617912 559211 676614
September 2027 616467 567766 665168
October 2027 617710 568293 667127
November 2027 620282 559494 681069
December 2027 623170 567085 679256
Richmond Housing Market Forecast with Real Estate Prices for 2028
January 2028 625802 583248 668357
February 2028 627694 588777 666611
March 2028 629393 580930 677856
April 2028 629862 579473 680251
May 2028 629115 583819 674411
June 2028 627025 593166 660884
July 2028 625505 574214 676797
August 2028 626640 580268 673011
September 2028 629932 597806 662059
October 2028 633242 590815 675669
November 2028 634184 587889 680479
December 2028 633176 579356 686996
Richmond Housing Market Forecast with Real Estate Prices for 2029
January 2029 630889 583572 678206
February 2029 628011 575886 680136
March 2029 624912 573670 676155
April 2029 622100 587885 656316
May 2029 620839 564342 677335
June 2029 624101 571052 677149
July 2029 621225 587679 654771
August 2029 618160 572416 663904
September 2029 615110 558520 671700
October 2029 612074 561884 662265
November 2029 609054 553630 664478
December 2029 606049 573928 638170
Richmond Housing Market Forecast with Real Estate Prices for 2030
January 2030 609233 573898 644569
February 2030 612434 578138 646730
March 2030 615652 571325 659979
April 2030 618887 574946 662828
May 2030 622138 571123 673154
June 2030 624523 583304 665741
July 2030 623452 577940 668964
August 2030 622245 585532 658957
September 2030 623532 565544 681521
October 2030 625779 586355 665203
November 2030 629066 569934 688199
December 2030 632372 574826 689917
Richmond Housing Market Forecast with Real Estate Prices for 2031
January 2031 635694 596917 674471
February 2031 639034 577687 700381
March 2031 642392 606418 678365
April 2031 643586 606902 680270
May 2031 640410 603267 677554
June 2031 637250 594555 679946
July 2031 634106 571329 696882
August 2031 630977 579237 682717
September 2031 627864 595843 659885
October 2031 624766 569161 680370
November 2031 621683 565110 678256
December 2031 618615 587066 650165
Richmond Housing Market Forecast with Real Estate Prices for 2032
January 2032 615563 577398 653728
February 2032 614123 575433 652813
March 2032 615361 561825 668898
April 2032 617923 558603 677244
May 2032 620801 577345 664257
June 2032 623423 565444 681401
July 2032 625307 590290 660324

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.