Richardson, TX Home Values & Market Trends

Real estate market trends reflect that there have been 1,448 transactions over the past year in Richardson. The median value for residential home transactions that occurred over the previous year is $448,988.2. The number of current listings in Richardson is 204, and the percentage of properties for sale in the city is 204.00%. Richardson, TX currently has 10 properties in foreclosure, 2 bank owned properties, 8 properties headed for auction, and 204 properties for sale.

Richardson, TX Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
75080

$ 455,600

$ 246/sqft

75082

$ 624,399

$ 201/sqft

75081

$ 452,380

$ 215/sqft

Housing Market Summary for Richardson, TX

Apr 2023March 2024Change
Median Listing Price$495K$446.8K-9.74%
Median Sold Price$452.6K$446.8K-1.27%
Homes For Sale13119548.85%
Homes Sold7617650.53%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Richardson, TX

Richardson home values range from $22,974 to $3,648,232. The median estimated value of a home in Richardson is $448,988.2. The median list price of a home is 479,949.5, and the total count of properties in the city is 28,972.

Foreclosure
There are 3 zips within Richardson, TX; within these zips, the median estimated home value for homes in foreclosure ranges from $685,000 in 75080 to the lowest value of $176,000 in 75080. Foreclosure homes account for 0.00% of properties in Richardson, TX with 75081 containing 5 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Richardson, TX with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Richardson, TX; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Richardson, TX ranges from the highest value of $381,599 in 75081 to the lowest value of $370,000 in 75081. Bank owned homes and properties account for 0.01% of properties in Richardson, TX. There are 3 zips within Richardson, TX; 75081 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    75082 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Richardson, TX. Auction homes and other auction properties account for 0.03% of all properties in Richardson, TX. There are 3 zips within Richardson, TX; of those zips, the median estimated home value for homes going to auction ranges from $685,000 in 75082 to the lowest value of $176,000 in 75082.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.70% of residential properties in Richardson, TX with 75080 containing 100 homes for sale, the highest number of listed properties in a single zip. There are 3 zips within Richardson, TX; homes for sale in those zips, have a range of median values from $1,846,450 in 75082 to the lowest value of $139,000 in 75080.
    Sold Homes
    The median value for recently sold homes ranges from $2,039,933 in 75080 to the lowest price of $57,380 in 75080. There are 3 zips within Richardson, TX. 75080 has 357 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.56% of properties in Richardson, TX.

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      Guide for Richardson, TX

      Home with a messy garden
      Foreclosure
      The Pros And Cons Of Buying A Foreclosed Property
      New York
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      Home with a messy garden
      The Pros And Cons Of Buying A Foreclosed Property
      Foreclosure|posted 11 August 2023

      Learn the pros and cons of buying a foreclosed property and invest in a foreclosure with confidence

      Garland Shows Steady Growth and Stability from April 2023 to February 2024
      New York|posted 8 March 2024

      The Garland real estate market shows signs of steady growth and stability, with average property values and per square foot prices seeing modest increases.

      Upward Trend in Houston’s Real Estate Market: Comprehensive Analysis of 2023-2024 Trends
      New York|posted 27 March 2024

      Between March 2023 and February 2024 the Houston real estate market witnessed a moderate rise in property values with mild fluctuations in the average selling price per sq ft.

      Fluctuating Property Values and Sales Volumes Shape Laredo Real Estate Landscape in 2023
      New York|posted 26 March 2024

      The real estate market in Laredo, Texas, was going up and down last year with fluctuating property values, sale prices, and transaction volumes.

      Recently Listed Homes Richardson, TX

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