Housing Prices in Richland Hills, TX

How much do homes in Richland Hills, TX cost?

Median List Price

$299,900

$189/sqft

Based on all homes listed in the last 12 months.

Difference Since August 2023

+$500(+0.2%)

Key Takeaway

The list price of homes in Richland Hills has remained the same since last year.

Summary: The median home list price in Richland Hills was $299,900 in August 2024, up 0.2% from the previous year, and the median price per square foot was $189.

Median List Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $249.9K$234.9K
-6.0%
3 $280K$285K
+1.8%
4 $335K$324.9K
-3.0%
5+ $384.5K$439.9K
+14.4%

Summary: Richland Hills housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 14.4%.

Median List Price Compared To Nearby Cities

Haltom City
+3.7%
Hurst
+2.7%
Richland Hills
0.2%
Northeast Tarrant
-0.4%
North Richland Hills
-2.2%

Housing Supply in Richland Hills, TX

How many homes are available in Richland Hills, TX?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
3235+9.4%

Summary: The Richland Hills real estate market had 35 homes for sale in August 2024, a 9.4% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 2525
0.0%
4 58
+60.0%
5+ 01
+100.0%

Summary: The Richland Hills housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 100%.

Days on Market for Richland Hills, TX

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

Average Listing Age

Aug 2023Aug 2024CHANGE
117 Days84 Days-28.1%

Summary: Homes in Richland Hills had an average listing age of 84 days in Aug 2024, down by 28.1% compared to the previous year.

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

Report Updated 14 Days Ago

Newest Listings in Richland Hills, TX

Nearby Markets to Richland Hills, TX

What housing markets are near Richland Hills, TX?