Marina Bay, Richmond Housing Market · 2026

Data through Aug 2026

Data curated by Melanie Tan, 8 Blocks Real Estate · How this data works

Marina Bay, Richmond Market Snapshot

Marina Bay is a balanced market, but competition has been picking up. Here's where things stand:

Based on 26 homes sold in the 3 months ending August 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through August 2026

SalesWhat are homes selling for?
Median Sale Price
$528K
▲ Up 8.8% from August 2025
Up $43K from August 2025
Homes Sold
26
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$3,622/mo
7.28% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$2,889
  • Property Tax$550
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
28 days
▼ 6 fewer days than in August 2025
Homes typically sell within a month
Sale-to-List Ratio
101.1%
▲ Up from 100.8% in August 2025
Selling at or near asking price
% Sold Over Asking
48%
48% of homes sold above asking, some competition
Active Listings
23
▼ Down 16.4% from August 2025
About 2.7 months of supply. Moderate selection available

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Marina Bay.

Median Sale Price
Up 8.8% year-over-year in Marina Bay. Based on 26 sales in the last 3 months.
Homes Sold
4% more homes sold than a year ago in Marina Bay.
Total Monthly Payment
Estimated monthly cost is up 9% from a year ago in Marina Bay, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 7.28%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Marina Bay, Richmond

Is now a good time to buy in Marina Bay, Richmond?

Marina Bay, Richmond is balanced but competition is picking up. It remains a reasonable environment for buyers, though acting decisively on well-priced homes is becoming more important.

How do Marina Bay, Richmond home prices compare to the Bay Area average?

At $528K, Marina Bay, Richmond's median sits about 70% below the Bay Area average of $1.78M. Marina Bay, Richmond is among the most accessible parts of the Bay Area.

Within Richmond, this area trades about 14% below the city-wide median of $615K.

By home type:

  • Condos at $411K
  • Single-family homes at $1.06M
  • Townhomes at $710K
What price range should I budget for in Marina Bay, Richmond?

Prices in Marina Bay, Richmond depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Condos at $411K
  • Single-family homes at $1.06M
  • Townhomes at $710K

Individual listings vary widely based on location, size, and condition. The best calibration is to narrow to a few specific neighborhoods you are considering and look at recent sales there.

How competitive is Marina Bay, Richmond for buyers?

Marina Bay, Richmond is a balanced market where neither side dominates:

  • Homes sell about 1% above asking on average
  • 48% close above list price
  • 28 days typical time to go pending
  • 36% of listings have had a price reduction

Buyer strategy: contingencies are more accepted, and there is time to tour and negotiate without extreme pressure.

What will my total monthly cost be on a median-priced Marina Bay, Richmond home?

At $528K with 20% down at 7.28%, your estimated total monthly cost is approximately $3,622:

  • $2,889 principal and interest
  • $550 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra. Condo buyers typically budget an additional $300 to $700 per month for HOA, and townhome HOAs run $200 to $500.

No noise, just a quick weekly read on what's going on in your market.

Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
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