Housing Prices in Richardson, TX
How much do homes in Richardson, TX cost?
Median List Price
$465,767
$228/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Richardson has increased by 4.8% since last year.
Summary: The median home list price in Richardson was $465,767 in March 2024, up 4.8% from the previous year, and the median price per square foot was $228.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $162K | $177.4K | +9.5% |
| 2 Bedrooms | $285K | $275K | -3.5% |
| 3 Bedrooms | $399.9K | $420K | +5.0% |
| 4 Bedrooms | $495K | $539.9K | +9.1% |
| 5+ Bedrooms | $675K | $695K | +3.0% |
Summary: Richardson housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.5%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 3%.
Housing Supply in Richardson, TX
How many homes are available in Richardson, TX?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 274 | 315 | +15.0% |
Summary: The Richardson real estate market had 315 homes for sale in March 2024, a 15.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 21 | 28 | +33.3% |
| 3 Bedrooms | 100 | 114 | +14.0% |
| 4 Bedrooms | 112 | 128 | +14.3% |
| 5+ Bedrooms | 40 | 43 | +7.5% |
Summary: The Richardson housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 7.5%.
Days on Market for Richardson, TX
How long does it take to sell a home in Richardson, TX?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 74 Days | 51 Days | -31.5% |
Summary: Homes in Richardson had an average listing age of 51 days in Mar 2024, down by 31.5% compared to the previous year.
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