Richland Hills, TX
Housing market overview · Updated weekly
$284,500median sale price
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
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
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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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