Richland Hills, TX

Balanced market-0.4% YoY

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

Homes for sale in Richland Hills

There are currently 18 homes listed for sale in Richland Hills, Tx. 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

Price drops:33.3%of listings
Sale-to-list:94.9%

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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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