Richland Hills, TX Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Richland Hills, TX is $284,500, down 0.4% year-over-year. Homes sell in an average of 79 days with 18 active listings. The market is currently a balanced market.
$284,500median sale price
Is Richland Hills a buyer's or seller's market?
Richland Hills, TX is currently a balanced market, based on 2.6 months of supply and homes selling in about 79 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
79
Average pace
Active listings
18
2.6 months supply
Sale-to-list
94.9%
Below asking
Richland Hills, TX market data
| Metric | Value |
|---|---|
| Median sale price | $284,500 |
| Median list price | $419,000 |
| Year-over-year price change | -0.4% |
| Average days on market | 79 days |
| Active inventory | 18 listings |
| Months of supply | 2.6 months |
| Sale-to-list price ratio | 94.9% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Richland Hills housing market is currently classified as a balanced market with a median sale price of $284,500. Prices have fallen 0.4% compared to last year, with homes spending an average of 79 days on market, indicating 2.6 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 Richland Hills
There are currently 18 homes listed for sale in Richland Hills, Texas. The median listing price is $419K.
Active listings
18
Homes on market
Median list price
$419K
Avg. days on market
79
Days until sale
New this week
6
Newly listed
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Frequently asked questions
What is the average home price in Richland Hills?
The median home sale price in Richland Hills is $284,500, down 0.4% from last year.
How long do homes stay on market in Richland Hills?
Homes typically spend 79 days on market before going under contract.
Is Richland Hills a buyer's or seller's market?
With 2.6 months of supply, Richland Hills is currently a balanced market.
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