Housing Prices in Richardson, TX
How much do homes in Richardson, TX cost?
Median List Price
$475,000
$230/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Richardson has increased by 6.1% since last year.
Summary: The median home list price in Richardson was $475,000 in May 2024, up 6.1% from the previous year, and the median price per square foot was $230.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $164.9K | $193.5K | +17.3% |
| 2 Bedrooms | $285K | $269.9K | -5.3% |
| 3 Bedrooms | $400K | $425K | +6.3% |
| 4 Bedrooms | $499.1K | $549.5K | +10.1% |
| 5+ Bedrooms | $670K | $699K | +4.3% |
Summary: Richardson housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.3%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 4.3%.
Housing Supply in Richardson, TX
How many homes are available in Richardson, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 338 | 347 | +2.7% |
Summary: The Richardson real estate market had 347 homes for sale in May 2024, a 2.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 5 | +66.7% |
| 2 Bedrooms | 26 | 19 | -26.9% |
| 3 Bedrooms | 116 | 128 | +10.3% |
| 4 Bedrooms | 146 | 149 | +2.1% |
| 5+ Bedrooms | 47 | 46 | -2.1% |
Summary: The Richardson housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes decreased by 26.9%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes decreased by 2.1%.
Days on Market for Richardson, TX
How long does it take to sell a home in Richardson, TX?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 67 Days | 47 Days | -29.4% |
Summary: Homes in Richardson had an average listing age of 47 days in May 2024, down by 29.4% compared to the previous year.
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