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Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for May 2026. *
* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.
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Information and statistics on the latest trends in the Richmond real estate market, updated for May 2026. *
Over the past year, typical home values in Richmond have dropped about 22.64 percent, landing around $550,000. Inventory has also thinned out, down roughly 42.86 percent year over year to just 16 homes on the market. New listings are lower too, falling about 14.89 percent compared with last year.
In March 2026, homes in Richmond were typically listed around $562,500, with properties spending a fast 13 days on the market. Even with softer prices month over month, about 52 percent of recent sales closed above the asking price, and the average sale-to-list ratio was a strong 1.035, showing buyers are still bidding up desirable homes.
Looking ahead to April 2026, typical home values are projected to ease slightly to about $545,870, and the median list price is expected to dip toward $545,025, with inventory edging down to around 15 listings. Compared with the broader Portland area, where typical values are near $523,862 and projected to move to about $538,294, Richmond sits a bit higher in price but is clearly in a seller’s market based on current demand. Whether you are a buyer working through limited choices or a seller navigating shifting prices, Agent Pronto can connect you with an agent who understands Richmond and can guide you through your next move.
Market gauge is calculated based on the the number of active listings divided by home sales over the most recently available reporting period.
Richmond offers residents a walkable, community-focused atmosphere with historic charm, ample green spaces, and convenient local shops and eateries that foster a supportive, active neighborhood network.
Richmond stands out from nearby Hawthorne and Division by feeling a bit more grounded and residential, while still offering easy access to some of the city’s best dining and everyday amenities. Centered around SE Division Street, the neighborhood mixes classic bungalows, updated cottages, and modern infill, attracting longtime residents and new arrivals who want a strong sense of local identity.
Strolling or biking is part of daily life here. Coffee shops, neighborhood bars, and restaurants like Pok Pok Wing and Laurelwood Public House sit alongside small markets and services. Families appreciate access to Richmond Elementary School and nearby parks, including Sewallcrest Park and Piccolo Park, which provide dog-friendly open space and playgrounds. Frequent bus lines connect Richmond to downtown and other inner eastside neighborhoods, and the grid of quiet streets supports strong bike commuting culture.
For homeowners, Richmond’s mix of classic housing stock and steady demand rewards thoughtful preparation before listing. Strategic updates, attention to period details, and accurate pricing are key as buyer expectations shift quickly. Buyers who are pre-approved, clear about their priorities, and ready to act typically have the best experience in this competitive pocket of Portland. Agent Pronto can connect both buyers and sellers with an agent who understands Richmond’s nuances and timing, helping them move confidently when the moment is right.
See why so many people rely on Agent Pronto to make their real estate journey a success.
“She was very patient and explained everything to me. she simplified the process for me and never showed impatience with me. Even after the deal was closed and funded she was still available for questions. Thank you, Jordan.”
“Julie represented our property very well, she is very thorough with the contract information, caught a few issues with the buyers realtor paperwork... which was greatly appreciated. Very proper and easy to work with, stayed right on top of the process in a very time efficient manner, so easy to work with. Would certainly consider her in future sales.”
“Gabriela was wonderful to work with from start to finish. She is extremely knowledgeable, organized, timely, and helpful. As a first time homebuyer, she made the process less daunting and was there for me every step of the way. I will be working with Gabriela for all my future real estate needs!”
“Valerie was a perfect fit for my daughter and I. She listened carefully to our request and found a house that was just right. She helped all the way through the closing process while I was in the hospital and has also been a tremendous resource for us with our many questions.”
“Very professional,great local knowledge and has her clients best interests in mind.”
“Lindsey played a pivotal role in our recent sale of a downtown condo in Vancouver, Wa and purchase of a senior living home in King City. Her patience and extensive knowledge guided us through this somewhat intrusive transition. Living in Tigard, Oregon, has made our lives much easier and more fulfilling. Thank you, Lindsey. We couldn’t have done it without you.”
“Brooklyn Morgan went above and beyond with getting me into a great house. She was an awesome help , especially when there was something I didn't understand , she explained it so I did understand. She worked extremely hard to get us into the house we were looking for. She looked out for us as the buyer. I was super lucky to get her as real estate broker. She is literally constantly working for her clients.. I highly recommend other clients go with Brooklyn Morgan..”
“Josh was a pleasure to work with. Very knowledgeable and responsive.”
“Brent worked hard for us, making phone calls checking on issues, following up with everyone involved. Brent is an asset to have on your team. Thank you for everything finding us our forever home. Terry and Georgie kelley.”
“Gary was wonderful to work with. He was prompt and communicative. He's very knowledgeable and made our first home buying process extremely easy.”
“Rebeccah Lee is wonderful to work with.She is very knowledgeable,and personable.The properties were all top notch that we looked at . Thanks again Beccah Lee!!!!!!!!”
“Chuck was fantastic!!!! He helped me and my wife through all of the "sometimes stressful" process of buying a home. While I never met Chuck in person, he made me feel like he was right there the whole time always getting the info we needed in a very timely way. I would highly recommend him to anyone who wishes to purchase a home. I have bought and sold a few homes in my life, and I feel that I could trust Chuck at all times. ”
There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Richmond. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.
Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
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