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Richardson

Why you'd want to live in Richardson

Though an inner ring suburb, Richardson continues to be a vibrant community, kept current by the Richardson City Council’s emphasis on economic development and neighborhood integrity. Voter-approved bond programs in 2006 and 2010 have contributed to the maintenance and improvement of the City’s infrastructure as well as its quality of life. The 2006 bond election brought construction of a new recreation center on the east side of the City, as well as new ballfield complexes at Huffhines and Breckinridge parks. A new fire station was reconstructed on the west side to replace an aging, outdated public service facility. In 2010, voters approved funding for a new fire station on the east side of the City and construction of a new recreation and aquatics center on the west side and new construction of a gymnastics center centrally located on Arapaho Road, just east of Central Expressway. But Richardson isn’t only about living and working. The City also has a statewide reputation as a great place to play, with the nationally recognized Wildflower! Arts & Music Festival held each May and the highly regarded Cottonwood Arts Festival held the first weekend of each May and October. The City of Richardson is the envy of its suburban neighbors with its state-of-the-art Eisemann Center for Performing Arts which opened to high acclaim in 2002 and continues to bring nationally recognized entertainers and shows to the area each year through its Eisemann Center Presents series while offering a first-rate facility for local arts groups and corporations. The City of Richardson has been recognized for its economic stability and strong fiscal management by credit rating agencies, with both Standard and Poor’s and Moody’s giving the City their highest ratings. via Richardson, Texas

Richardson Market Report

$536,324

AVERAGE PRICE OF 354 HOMES

$1,672,237

AVERAGE PRICE OF 13 MULTI-MILLION DOLLAR HOMES

$1,248,663

AVERAGE PRICE OF 10 NEWLY BUILT HOMES

$604,007

AVERAGE PRICE OF 63 HOMES WITH A POOL

$525,677

AVERAGE PRICE OF 27 REDUCED PRICE HOMES

Average Home

Average Price $536,324
Avg Bedrooms 3.42 beds
Avg Bathrooms 2.66 baths

Average Price by Bedrooms

1 bedroom $184,250
2 bedrooms $281,880
3 bedrooms $428,700
4 bedrooms $586,367
5 bedrooms $911,444
Richardson Home Price Trends
  9/2024 8/2024 7/2024 6/2024 5/2024
Total Listings 336 326 296 265 263
Average Price $521,855 $529,077 $558,254 $580,062 $603,285
Avg Price Change -1.38% -5.51% -3.91% -4.00% +1.50%
Median Price $471,544 $489,966 $492,530 $501,224 $514,381
Med Price Change -3.91% -0.52% -1.77% -2.62% +4.55%
Avg Bedrooms 3.41 beds 3.49 beds 3.48 beds 3.5 beds 3.52 beds
Avg Bathrooms 2.69 baths 2.73 baths 2.75 baths 2.82 baths 2.84 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Berkner 117 $464,793 70 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 354 $536,324 58 days
Multi-Million Dollar Homes 13 $1,672,237 39 days
Newly Built Homes 10 $1,248,663 118 days
Homes with a Pool 63 $604,007 55 days
Reduced Price Homes 27 $525,677 41 days