Richardson is a substantial city of about 122,000 people in Texas, with a price point above the national middle.
| State | Texas |
|---|---|
| Population | 122,000 |
| Median home value | $430,000 |
| Active listings | 30 |
| Median across Texas communities we track | $315,000 |
The Richardson housing market
At $430,000, the median home value sits about 37% above the median of the 58 communities we track in Texas.
Roughly 30 active listings at last count. That is enough to compare alternatives but not enough to be casual about a property you actually want.
Search homes in Richardson
Current listings for Richardson are maintained on the following site:
- Luxury homes for sale in Richardson — richardsonluxuryhomes.com
These are external sites operated independently of 1PropertyHub. We do not control their listings, pricing, or availability, and we are not a party to any transaction arising from them.
Buying in Richardson
Above the national middle, property tax and insurance become a larger share of the monthly payment than buyers expect. Model the full payment, not just principal and interest.
Before you make an offer, work out what the monthly payment actually looks like at this price level. Our mortgage calculator includes property tax, insurance, and mortgage insurance rather than just principal and interest, and the affordability calculator solves backwards from your income to a purchase price a lender would support. If you are weighing a purchase against continuing to rent, the rent vs buy calculator accounts for transaction costs on both ends.
Investing in Richardson
For rental investors, the questions here are rent-to-price ratio, the property tax burden, insurance cost, and the depth of the tenant pool at this population size. Underwrite with honest vacancy, management, maintenance, and capital reserves rather than rent minus mortgage — see our cash flow calculator and the rental underwriting guide. Verify short-term rental rules with the municipality before assuming any STR strategy will be permitted.
Nearby communities in Texas
- Abilene, TX
- Sugar Land, TX
- Odessa, TX
- League City, TX
- Round Rock, TX
- Wichita Falls, TX
- Denton, TX
- Bryan, TX
Frequently asked questions
What is the median home value in Richardson, TX?
The median home value in Richardson is approximately $430,000. At $430,000, the median home value sits about 37% above the median of the 58 communities we track in Texas. Values move with the market and vary widely by neighborhood, condition, and lot — treat this as a starting point and verify against recent closed sales before pricing an offer.
How many homes are for sale in Richardson?
There were roughly 30 active listings at last count. Roughly 30 active listings at last count. That is enough to compare alternatives but not enough to be casual about a property you actually want. For current inventory, see Luxury homes for sale in Richardson.
What should I know before buying in Richardson?
Above the national middle, property tax and insurance become a larger share of the monthly payment than buyers expect. Model the full payment, not just principal and interest. Beyond the property itself, confirm the property tax rate and any exemptions with the county assessor, and get an insurance quote before you are under contract — both vary far more by location than buyers expect. Our Texas state guide covers closing practice and property law.