Housing Prices in Richardson, TX

How much do homes in Richardson, TX cost?

Median List Price

$470,319

$232/sqft

Based on all homes listed in the last 12 months.

Difference Since September 2023

+$20,319(+4.5%)

Key Takeaway

The list price of homes in Richardson has increased by 4.5% since last year.

Summary: The median home list price in Richardson was $470,319 in September 2024, up 4.5% from the previous year, and the median price per square foot was $232.

Median List Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $174.9K$199.9K
+14.3%
2 $272.4K$289.9K
+6.4%
3 $415K$420K
+1.2%
4 $507.5K$550K
+8.4%
5+ $679.9K$709.9K
+4.4%

Summary: Richardson housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 4.4%.

Median List Price Compared To Nearby Cities

Murphy
+6.5%
Plano
+5.9%
Richardson
+4.5%
Sachse
+3.3%
Garland
+3.2%

Housing Supply in Richardson, TX

How many homes are available in Richardson, TX?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
376414+10.1%

Summary: The Richardson real estate market had 414 homes for sale in September 2024, a 10.1% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 54
-20.0%
2 2734
+25.9%
3 148165
+11.5%
4 162174
+7.4%
5+ 3437
+8.8%

Summary: The Richardson housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 25.9%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 8.8%.

Days on Market for Richardson, TX

How long does it take to sell a home in Richardson, TX?

Average Listing Age

Sep 2023Sep 2024CHANGE
83 Days55 Days-33.6%

Summary: Homes in Richardson had an average listing age of 55 days in Sep 2024, down by 33.6% compared to the previous year.

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

Report Updated Sep 1, 2024

Newest Listings in Richardson, TX

Nearby Markets to Richardson, TX

What housing markets are near Richardson, TX?