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
Housing Market Summary for Richardson, TX
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $495K | $446.8K | -9.74% |
Median Sold Price | $452.6K | $446.8K | -1.27% |
Homes For Sale | 131 | 195 | 48.85% |
Homes Sold | 761 | 765 | 0.53% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Richardson, TX
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.
- Pre-ForeclosurePre-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 OwnedThe 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.
- Auctions75082 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.
Compare Nearby Cities
More Real Estate Resources for Richardson, TX
Guide for Richardson, TX
Learn the pros and cons of buying a foreclosed property and invest in a foreclosure with confidence
The Garland real estate market shows signs of steady growth and stability, with average property values and per square foot prices seeing modest increases.
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.
The real estate market in Laredo, Texas, was going up and down last year with fluctuating property values, sale prices, and transaction volumes.