Richardson, TX Housing Market
The Richardson housing market is very competitive. Homes in Richardson receive 4 offers on average and sell in around 36 days. The median sale price of a home in Richardson was $491K last month, up 11.7% since last year. The median sale price per square foot in Richardson is $239, up 20.7% since last year.
Richardson Housing Market Trends
In March 2024, Richardson home prices were up 11.7% compared to last year, selling for a median price of $491K. On average, homes in Richardson sell after 36 days on the market compared to 23 days last year. There were 88 homes sold in March this year, up from 77 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Richardson housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% below list price and go pending in around 28 days.
- Hot homescan sell for about 1% above list price and go pending in around 14 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 33 days.
- Hot homescan sell for around list price and go pending in around 15 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% below list price and go pending in around 26 days.
- Hot homescan sell for about 2% above list price and go pending in around 14 days.
Richardson Migration & Relocation Trends
- Across the nation, 2% of homebuyers searched to move into Richardson from outside metros.
- Los Angeles homebuyers searched to move into Richardson more than any other metro followed by San Francisco and Seattle.
- 76% of Richardson homebuyers searched to stay within the Richardson metropolitan area.
- Phoenix was the most popular destination among Richardson homebuyers followed by San Diego and Houston.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 1,943 | ||
2 | 1,243 | ||
3 | 1,220 | ||
4 | 1,113 | ||
5 | 642 | ||
6 | 559 | ||
7 | 307 | ||
8 | 174 | ||
9 | 168 | ||
10 | 93 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 1,402 | ||
2 | 821 | ||
3 | 803 | ||
4 | 636 | ||
5 | 567 | ||
6 | 418 | ||
7 | 348 | ||
8 | 319 | ||
9 | 274 | ||
10 | 221 |
Home offer insights for Richardson
Recent offers
- Offer Not Accepted|3 Weeks Ago~$375K OfferSold for $400K3 bd | 2.5 ba | ~1,750 sqftOver List Price0%Days on Market25Competing Offers3Down Payment~30%
- Offer Not Accepted|7 Weeks Ago~$500K OfferSold for $475K4 bd | 2.5 ba | ~2,250 sqftOver List Price3%Days on Market9Competing Offers—Down Payment<10%
- Offer Not Accepted|7 Weeks Ago~$500K OfferSold for $550K3 bd | 2 ba | ~2,000 sqftUnder List Price1%Days on Market11Competing Offers5Down Payment—
- Offer Not Accepted|10 Weeks Ago~$550K OfferSold for $600K3 bd | 2.5 ba | ~3,000 sqftOver List Price1%Days on Market7Competing Offers8Down Payment~30%
View houses in Richardson that sold recently
Recently sold homes
- $589,000 Last List Price4 beds3.5 baths3,325 sq ft1209 Creekwood Dr, Garland, TX 75044Days on Market127 days1209 Creekwood Dr, Garland, TX 75044
- $1,375,000 Last List Price4 beds3.5 baths3,278 sq ft2300 Custer Pkwy, Richardson, TX 75080Days on Market45 days2300 Custer Pkwy, Richardson, TX 75080
- $324,900 Last List Price3 beds2 baths1,345 sq ft441 Vernet St, Richardson, TX 75080Days on Market27 days441 Vernet St, Richardson, TX 75080
- $299,900 Last List Price3 beds1.5 baths1,369 sq ft107 Wake Dr, Richardson, TX 75081Days on Market75 days107 Wake Dr, Richardson, TX 75081
- $729,900 Last List Price4 beds2.5 baths2,732 sq ft1889 Quail Ln, Richardson, TX 75080Days on Market75 days1889 Quail Ln, Richardson, TX 75080
- $289,900 Last List Price2 beds1 bath988 sq ft313 Hillcrest Ave, Richardson, TX 75081Days on Market36 days313 Hillcrest Ave, Richardson, TX 75081
- $699,500 Last List Price4 beds3 baths2,302 sq ft404 Northview Dr, Richardson, TX 75080Days on Market26 days404 Northview Dr, Richardson, TX 75080
- $629,995 Last List Price5 beds3 baths2,682 sq ft1201 Dunbarton Dr, Richardson, TX 75081Days on Market60 days1201 Dunbarton Dr, Richardson, TX 75081
See all recently sold homes in Richardson.
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Schools in Richardson
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Prairie Creek Elementary School Public • K-6 | 327 Students | 7 reviews |
9/10 Math/science/tech Magnet Public • K-6 | 591 Students | 7 reviews |
8/10 Luna Elementary School Public • PreK-5 • Choice school | 324 Students | 11 reviews |
8/10 Arapaho Classical Magnet Public • K-6 | 578 Students | 12 reviews |
8/10 Spring Creek Elementary School Public • PreK-5 • Choice school | 570 Students | 7 reviews |
Climate's impact on Richardson housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Richardson.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Severe
Heat Factor
Transportation in Richardson
Walk Score®
Transit Score®
Bike Score®
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