Housing Prices in Richardson, TX

How much do homes in Richardson, TX cost?

Median List Price

$474,947

$229/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$27,093(+6.0%)

Key Takeaway

The list price of homes in Richardson has increased by 6% since last year.

Summary: The median home list price in Richardson was $474,947 in April 2024, up 6% from the previous year, and the median price per square foot was $229.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $164.9K$179.9K
+9.1%
2 $294.9K$275K
-6.8%
3 $400K$424.5K
+6.1%
4 $495K$549.9K
+11.1%
5+ $679.9K$697K
+2.5%

Summary: Richardson housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes decreased by 6.8%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 2.5%.

Median List Price Compared To Nearby Cities

Murphy
+8.9%
Richardson
+6.0%
Plano
+5.0%
Garland
+3.2%
Sachse
+1.0%

Housing Supply in Richardson, TX

How many homes are available in Richardson, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
312347+11.2%

Summary: The Richardson real estate market had 347 homes for sale in April 2024, a 11.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 23
+50.0%
2 2825
-10.7%
3 113122
+8.0%
4 128149
+16.4%
5+ 4148
+17.1%

Summary: The Richardson housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 10.7%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes increased by 17.1%.

Days on Market for Richardson, TX

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

Average Listing Age

Apr 2023Apr 2024CHANGE
70 Days44 Days-36.5%

Summary: Homes in Richardson had an average listing age of 44 days in Apr 2024, down by 36.5% compared to the previous year.

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

Report Updated 17 Days Ago

Newest Listings in Richardson, TX

Nearby Markets to Richardson, TX

What housing markets are near Richardson, TX?