77406 — Richmond, TX Home Values
Typical home value $424,315 as of June 2026 · 33rd of 219 in Houston-The Woodlands-Sugar Land, TX
Blue: typical home value (Zillow ZHVI) in ZIP code 77406, June 2021 to June 2026. This page shows observed data only; no forecast.
How 77406 compares in the Houston-The Woodlands-Sugar Land, TX area
ZIP code 77406 (Richmond, TX) has a typical home value of $424,315 as of June 2026, ranking 33rd of 219 ZIP codes tracked in the Houston-The Woodlands-Sugar Land, TX area, more expensive than about 85% of ZIP codes in the metro. Prices here have moved -2.0% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +20.5%, from $352,011 in June 2021 to $424,315 in June 2026. Against observed rent, the typical home here sells for 18.9× the annual rent ($1,867/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Houston-The Woodlands-Sugar Land, TX forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Houston.
Population and demographics
ZIP code 77406 has a population of 65,716, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 43.6% White, 27.5% Hispanic or Latino, 12.2% Asian, 12.1% Black or African American, 4% two or more races, 0.4% another race, and 0.1% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| FOSTER H S | 4400 FM 723, RICHMOND, TX | 1.6 mi |
| BRISCOE JH | 4300 FM 723, RICHMOND, TX | 1.8 mi |
| BIELSTEIN MIDDLE | 24730 EASTON RAMSEY WAY, RICHMOND, TX | 2.5 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 77406?
$424,315 as of June 2026, the latest month Zillow has published observed data for.
Is 77406 an expensive ZIP code in the Houston-The Woodlands-Sugar Land, TX area?
77406 ranks 33rd of 219 ZIP codes in the Houston-The Woodlands-Sugar Land, TX area by typical home value, more expensive than about 85% of ZIP codes in the metro.
How much have home values in 77406 changed over the past year?
-2.0% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 77406?
The typical home price is 18.9× the observed annual rent in this ZIP code ($1,867/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 77406?
65,716, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 77406?
FOSTER H S (1.6 mi), BRISCOE JH (1.8 mi), BIELSTEIN MIDDLE (2.5 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 77406?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Houston-The Woodlands-Sugar Land, TX forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.