Richardson, TX Housing Market & Real Estate

Balanced market-3.1% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Richardson, TX is $439,900, down 3.1% year-over-year. Homes sell in an average of 54 days with 223 active listings. The market is currently a balanced market.

$439,900median sale price

Is Richardson a buyer's or seller's market?

Balanced market3.4 months of supply54 avg. days on market

Richardson, TX is currently a balanced market, based on 3.4 months of supply and homes selling in about 54 days. How we determine this →

Homes sold

65

Last 12 weeks

Days on market

54

Average pace

Active listings

223

3.4 months supply

Sale-to-list

96.3%

Below asking

Richardson, TX market data

Current housing market statistics for Richardson, TX
MetricValue
Median sale price$439,900
Median list price$472,000
Year-over-year price change-3.1%
Average days on market54 days
Active inventory223 listings
Months of supply3.4 months
Sale-to-list price ratio96.3%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Richardson housing market is currently classified as a balanced market with a median sale price of $439,900. Prices have fallen 3.1% compared to last year, with homes spending an average of 54 days on market, indicating 3.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Richardson

There are currently 223 homes listed for sale in Richardson, Texas. The median listing price is $472K.

Active listings

223

Homes on market

Median list price

$472K

Avg. days on market

54

Days until sale

New this week

112

Newly listed

Price drops:31.8%of listings
Sale-to-list:96.3%

Top public schools in Richardson

30 schools tracked · 18,739 students

The largest public schools serving Richardson, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

RICHARDSON H S

Grades 9-12 · 2,754 students

Public

PEARCE H S

Grades 9-12 · 2,453 students

Public

BERKNER H S

Grades 9-12 · 2,312 students

Public

RICHARDSON WEST TECHNOLOGY AND ARTS MAGNET

Grades 7-8 · 793 students

Public

MATH/SCIENCE/TECH MAGNET

Grades K-6 · 628 students

Public

APOLLO J H

Grades 7-8 · 617 students

Public

RICHLAND EL

Grades PK-6 · 609 students

Public

ARAPAHO CLASSICAL MAGNET

Grades K-6 · 578 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in Richardson?

The median home sale price in Richardson is $439,900, down 3.1% from last year.

How long do homes stay on market in Richardson?

Homes typically spend 54 days on market before going under contract.

Is Richardson a buyer's or seller's market?

With 3.4 months of supply, Richardson is currently a balanced market.

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