Photo: Michael Barera · CC BY-SA 4.01,011 homes sold in Richardson in the last year, at a typical $459K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Richardson homes are listed.
Every place Richardson homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Richardson.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
4% of Richardson’s sales are condos, at $266K less than a house
942 houses and 38 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 942 sold in 12 months
- Per square foot
- $229TX $173
- Days to sell
- 42
- Sold over asking
- 18%
- Listings with a price cut
- 35%
typical sale · 38 sold in 12 months
- Per square foot
- $182TX $226
- Days to sell
- 93
- Sold over asking
- 8%
- Listings with a price cut
- 31%
Multi-family (2–4 units): 6 sold, typical $546K
Townhouses: 25 sold, typical $335K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 1.7 times the 2016 price
1,011 sales in the last year, against 1,377 in 2021 and a low of 971 in 2023. The typical sale went from $264K in 2016 to $459K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $450K buys in Richardson
Check a listing against what Richardson homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Richardson are rarer than before the pandemic, and more homes are for sale
We read every month of Richardson’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 1,011 sales.
If you’re buying in Richardson
- Shop in August. It brings about 133 new listings a month, close to the busiest month, with fewer bidding wars (34% over asking).
- Some room to negotiate. 34% of listings cut their price, about as many as before the pandemic.
- Offer under asking. Buyers paid 97.5% of the list price on average; 17% paid over.
- You’ll usually have time. Only 33% of homes go under contract within two weeks; the typical one takes 44 days.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 157 a month), and the most competition: 43% close over asking. July and August offer nearly as much choice with fewer homes bid up (38%). January has the least competition (25%) but only about 93 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and hotter than Texas
| Richardson now | 2017–19 | 2021 peak | TX now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 17% | 28% | 58% | 12% |
| Gone within two weeksShare of homes under contract within 14 days | 33% | 47% | 62% | 20% |
| Listings with a price cutShare of homes for sale that cut their price | 34% | 32% | 23% | 30% |
| Price paid vs. askingAverage sale price ÷ list price | 97.5% | 98.7% | 102% | 96.9% |
| Days to sellMedian days from listing to contract | 44 | 30 | 22 | 71 |
294 homes for sale on a typical day
That’s 2.2 times the 2022 low (133) and 24% more than in 2017–19.
1 in 3 listings has cut its price
34% in the last year, against 32% in 2017–19 and 30% across Texas.
Since 2019, houses are up 45%, condos 32%
A house typically sold for $466K in the last year (942 sales), a condo for $200K (38).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Richardson ranks 78th of 372 busy Texas markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Richardson is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Richardson home costs about $2,970 a month
Price: Richardson’s typical sale, last 12 months. Property tax at Richardson’s 1.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Richardson is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 62.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $459K home, about $6,890 a year.
Taxes vs. neighborsSchools
The schools grade for Richardson, from test results, graduation and how much students grow.
Schools in RichardsonTypical commute
The average one-way trip to work for people who live in Richardson.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Plano, Garland, Murphy and Sachse sell for less a square foot
The busier markets within 25 miles of Richardson, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Plano | 2,544 | $507K | $219 | 14% | 50 |
| Garland | 1,737 | $298K | $177 | 18% | 50 |
| Richardson | 1,011 | $459K | $226 | 17% | 44 |
| Sachse | 253 | $437K | $191 | 13% | 62 |
| Murphy | 160 | $595K | $192 | 9% | 61 |
| Addison | 128 | $512K | $264 | 10% | 77 |
| Parker | 60 | $1.2M | $269 | 8% | 69 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Richardson, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Richardson. People who follow the town see it, and so do people comparing Richardson with their own town. No commission, no listing fee.
Questions about buying a home in Richardson
What do homes sell for in Richardson, TX?
1,011 homes sold in the year to May 2026 at a typical $459K, $226 a square foot. Houses sold for about $466K, condos for about $200K.
Is Richardson a buyer’s or seller’s market?
A seller’s market: 287 homes were for sale in May 2026 and 98 sold, about 2.9 months of supply. Buyers paid 97.5% of asking on average, and 34% of listings cut their price.
When is the best time to buy in Richardson?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Richardson?
About 1.5% of a home’s value a year. On a $459K home that’s near $6,890.
Where can I see homes for sale in Richardson?
Zillow, Redfin, Realtor.com and Homes.com all carry Richardson’s MLS listings; the search links above open each one filtered to Richardson.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).