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

+$27,242(+6.1%)

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

# BEDSMay 2023May 2024CHANGE
1 $164.9K$193.5K
+17.3%
2 $285K$269.9K
-5.3%
3 $400K$425K
+6.3%
4 $499.1K$549.5K
+10.1%
5+ $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%.

Median List Price Compared To Nearby Cities

Murphy
+8.7%
Richardson
+6.1%
Plano
+5.3%
Garland
+4.0%
Sachse
+3.3%

Housing Supply in Richardson, TX

How many homes are available in Richardson, TX?

Number of Homes For Sale

Apr 2024May 2024CHANGE
338347+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

# BEDSApr 2024May 2024CHANGE
1 35
+66.7%
2 2619
-26.9%
3 116128
+10.3%
4 146149
+2.1%
5+ 4746
-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 2023May 2024CHANGE
67 Days47 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 12 Days Ago

Newest Listings in Richardson, TX

Nearby Markets to Richardson, TX

What housing markets are near Richardson, TX?