Richardson, TX Housing Market — 958 Homes Sold (September 2025 – September 2026)
A fair fight: well-priced homes move in about 25 days, and 18% still beat asking.
Richardson market at a glance
- Homes sold (12 months): 958
- Median sale price: $454,500 (about $2,585/month with 10% down at a 6.5% 30-year rate, principal & interest)
- Median price per square foot: $221
- Median days on market (list to contract): 25; 26.6% went under contract within a week
- Sold over asking: 18% · Sold under asking: 64.3%
- Typical home: 4 bed, 2,098 sqft, built 1973, mostly Richardson ISD
- Price range of sales: $70,000 – $2,465,000
- On the market right now: 275 active listings, 88 under contract, 3.4 months of supply, median asking $439,000
- How buyers paid: Conventional 65.6%, FHA 6.9%, VA 3.1%, Cash 21.4%, Other 3%
- Seller contributions: 51.7% of sellers chipped in, typically $7,000
- Contract to close: about 27 days
- Median rent (same home types, 496 closed leases): $2,500/month — owning the median home runs about $2,585/month principal & interest with 10% down
- HOA: 19.1% of sales had a mandatory HOA, typically $150/month
- New construction: 1.3% of sales, median $655,000 vs $450,000 resale
Five-year price history in Richardson
Median sale price by quarter: 2022 Q1: $417,500 · 2023 Q1: $439,500 · 2024 Q1: $459,000 · 2025 Q1: $442,500 · 2026 Q1: $455,000 · 2026 Q3: $460,000.
Median price by elementary school zone
- Northrich: 96 sales, median $380,000, $245/sqft
- Yale: 84 sales, median $418,250, $204/sqft
- Richardson Heights: 83 sales, median $425,200, $277/sqft
- Stinson: 77 sales, median $600,000, $200/sqft
- Aldridge: 76 sales, median $615,000, $267/sqft
- Dartmouth: 71 sales, median $420,000, $198/sqft
- Mohawk: 65 sales, median $505,000, $268/sqft
- Richardson Terrace: 54 sales, median $359,750, $215/sqft
- Harben: 51 sales, median $449,900, $205/sqft
- Dover: 51 sales, median $385,000, $229/sqft
- Richland: 39 sales, median $500,000, $194/sqft
- Arapaho: 35 sales, median $445,000, $269/sqft
Pricing right vs. cutting the price in Richardson
Sellers who held their original asking price sold in 10 days at 99% of ask. Sellers who overpriced and later cut took 72 days and kept 91.8% of the original ask — roughly $34,200 left on the table on a typical Richardson listing.
Most active Richardson neighborhoods
- University Estates: 56 sales, median $432,500, 25 days on market
- Parkview Estates: 19 sales, median $479,000, 15 days on market
- Richardson Heights Estates: 16 sales, median $740,000, 13 days on market
- Greenmeadow: 15 sales, median $391,500, 40 days on market
- Northrich Acres: 15 sales, median $319,900, 43 days on market
- College Park East: 12 sales, median $450,000, 55 days on market
- Prairie Creek Meadows Add: 12 sales, median $736,250, 36 days on market
- Richardson Heights 05: 12 sales, median $398,943, 23 days on market
- College Park North: 11 sales, median $460,000, 24 days on market
- Richardson Heights 12: 10 sales, median $384,150, 14 days on market
Nearby markets
Dallas · Garland · Mesquite · Grand Prairie · Irving · Rowlett · Cedar Hill · DeSoto
Common questions
Is now a good time to buy in Richardson? A fair fight: well-priced homes move in about 25 days, and 18% still beat asking.
What does the typical Richardson home cost? $454,500 — about $221 per square foot, or roughly $2,585/month with 10% down before taxes and insurance.
How fast do homes sell in Richardson? The typical home went under contract in 25 days; 26.6% sold within the first week.
Is it cheaper to rent or buy in Richardson? The median Richardson lease ran $2,500/month this year, while principal and interest on the median $454,500 home is roughly $2,585/month with 10% down, before taxes and insurance.
Source: NTREIS MLS closed sales, September 3 2025 – September 3 2026. Aggregate data only — Texas is a non-disclosure state. Compiled by Pax Realty (Ryan Storch, Broker). Explore all 186 cities · Full dataset · Book a strategy call · Call/text (972) 974-1821.