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By the Numbers

Real Estate Market Update

Curious about what the market’s doing in your neighborhood? Whether you’re thinking of buying, selling, or just staying informed, our local real estate market updates help you make smarter decisions. Below, you'll find the latest stats, trends, and expert commentary—broken down by county, city, and even neighborhood. This page is updated monthly with insights from The Dunnican Team’s on-the-ground expertise.

 

City of Richardson, TX

MEDIAN SALES PRICE

$460,000

MEDIAN SALES PRICE

CLOSED SALES

266

CLOSED SALES

ACTIVE LISTINGS

304

ACTIVE LISTINGS

MONTHS INVENTORY

3.7

MONTHS INVENTORY

The Dunnican Team

Richardson, TX Housing Market Update

Richardson's Q2 2026 data is a textbook example of why the median price headline can mislead. The reported −2.1% decline to $460,000 reflects a shift toward smaller homes in the closing mix — median home size fell from 2,147 to 2,063 square feet — while median price per square foot actually rose 0.8% to $228.38. Underlying value per unit of space firmed slightly even as the overall median declined. The market's other fundamentals are equally steady: months of supply held at 3.7, essentially unchanged year over year, the close-to-original-list ratio of 97.3% is one of the strongest in the DFW area this quarter, and days on market averaged 38 days — up just 5 from a year ago. The one question mark is transaction volume, which fell 11.3% to 266 closed sales — a pullback worth monitoring in Q3 to determine whether it's a temporary rate-driven pause or the beginning of a broader softening trend. Richardson's 53-year median home age, proximity to major employment corridors, and established neighborhood character give it a loyal demand base that has historically proven resilient through market cycles. The per-square-foot data says values are holding. The inventory data says supply is balanced. The volume decline is the variable to watch.

Richardson, TX Housing Market Update – Q2 2026 | July 2026

Reporting Period: April 1–June 30, 2026 • Data via NTREIS / Texas REALTORS® Data Relevance Project

Key Highlights | Richardson Housing Market Update – Q2 2026

  • Median Sale Price: $460,000 (−2.1% vs. Q2 2025)
  • Closed Sales: 266 (−11.3% vs. Q2 2025)
  • Active Listings: 304 (−2.6% vs. Q2 2025)
  • Months of Inventory: 3.7 (−0.1 months vs. Q2 2025)

Q2 2026 Richardson Market Commentary

PRICES
Richardson's median sale price came in at $460,000 in Q2 2026, a reported decline of 2.1% from Q2 2025. The per-square-foot data tells a more constructive story: median price per square foot actually increased 0.8% to $228.38, while median home size declined from 2,147 to 2,063 square feet. When smaller homes make up a greater share of closings, the overall median can fall even as per-unit values hold steady or improve — a mix-shift effect. In Richardson's case, the 0.8% per-square-foot gain with smaller homes closing indicates the underlying value of space in Richardson is actually firming slightly, not softening. The reported −2.1% headline reflects which homes happened to close this quarter rather than a broad decline in Richardson property values. The close-to-original-list-price ratio of 97.3% — down marginally from 97.9% — is one of the more stable figures in this report batch, confirming that sellers are consistently closing very close to their asking prices.

SALES ACTIVITY
Closed sales fell to 266 in Q2 2026, an 11.3% decline from 300 in Q2 2025. That's the most notable softening signal in Richardson's Q2 data — a genuine reduction in transaction volume that isn't explained away by mix-shift dynamics. Fewer buyers are completing purchases than a year ago, which at 266 closings per quarter still represents a healthy, functioning market but is a trend worth noting. Days on market increased to 38 days, up 5 from Q2 2025's 33 — buyers are taking modestly more time, consistent with the broader DFW pattern. Days to close improved 1 day to 26, essentially unchanged. The 97.3% close-to-list ratio tells you that once buyers and sellers agree on value, transactions are completing efficiently and very close to asking price — one of the more favorable seller ratios in this report.

INVENTORY
Active listings declined slightly to 304 in Q2 2026, down 2.6% from 312 in Q2 2025 — a marginal change that keeps supply essentially flat year over year. Months of inventory held at 3.7, down 0.1 from Q2 2025 — no meaningful shift. With the supply picture stable, the 11.3% decline in transaction volume tells you the constraint is on the demand side rather than a supply expansion. Richardson's 53-year median home age is the oldest of any market in this report batch — a fully established, mature inner-ring suburb where housing stock turns over only through resale, with no new construction adding supply pressure. The price distribution reflects this established, mid-to-upper character: 33.5% of Q2 sales were in the $500,000–$749,000 band, 28.1% in $400,000–$499,000, and 21.7% in $300,000–$399,000.

MARKET BALANCE
At 3.7 months of inventory — essentially unchanged from a year ago — Richardson sits in balanced territory with a slight lean toward sellers. The 97.3% close-to-list ratio reinforces that sellers in Richardson are not giving away value — buyers are engaging close to asking price when they do transact. The 11.3% volume decline is the question mark: whether it reflects a temporary demand pause due to rate sensitivity at Richardson's price point, or a more persistent softening, will become clearer in Q3 data. Richardson's structural advantages — proximity to major employment corridors, established neighborhood character, and a housing stock that simply can't be replicated by new construction at these prices — continue to underpin its long-term demand foundation.

What Sellers Need to Know

  • The −2.1% median price headline is a mix-shift effect — per-square-foot value actually rose 0.8%. Your home's value hasn't declined; the composition of what sold this quarter shifted toward smaller homes. Price based on per-square-foot comparables for homes of similar size and condition.
  • The 97.3% close-to-list ratio is one of the strongest in this report batch — sellers in Richardson are consistently closing very close to asking price when they're priced correctly. This is a sign of a healthy, well-functioning market for sellers who price accurately.
  • Transaction volume is down 11.3% — there are fewer buyers closing than a year ago. The buyer pool at Richardson's price point is rate-sensitive. Accurate pricing and strong presentation are what get you to closing in a smaller buyer pool.
  • Active listings are essentially flat at 304. You have a consistent, manageable competitive landscape. At 38 days on market, correctly priced homes are still moving within a reasonable timeframe.

What Buyers Need to Know

  • The −2.1% median price decline is primarily a mix-shift rather than true value softening — per-square-foot values actually ticked up 0.8%. Don't assume Richardson is "on sale" based on the headline median; evaluate individual properties on their own merits against current closed comps.
  • The 97.3% close-to-list ratio means most sellers are closing near asking price. This isn't a market where aggressive lowball offers are the norm. A well-supported offer 2–3% below list on appropriately priced homes is realistic; deeper discounts are unlikely unless a home has been sitting for 60+ days.
  • At 3.7 months of inventory and 38 days on market, you have reasonable time to evaluate — but don't confuse "balanced" with "slow." Well-priced Richardson homes are moving, and the right home may not sit long enough for you to be indecisive.
  • Richardson's 53-year housing stock means character, mature neighborhoods, and proximity to key employment that new construction suburbs simply can't replicate. The value proposition here is location and character — and at $460,000 median, it remains compelling relative to newer communities at similar or higher prices.

2026 Richardson Housing Market Forecast

Richardson enters the second half of 2026 with stable supply conditions, near-full close-to-list pricing, and a per-square-foot value that is actually holding or slightly positive — the kind of structural stability that provides a durable floor. The 11.3% transaction volume decline is the primary variable to watch in Q3: if it reflects a temporary pause in buyer activity due to rate sensitivity, volume should recover as the market moves through the summer. If it persists, it may indicate a broader softening in buyer engagement at Richardson's price point that would eventually put more pressure on pricing.

If mortgage rates ease in Q4 2026, Richardson is well-positioned for demand recovery given its location and established character. The 53-year housing stock and inner-ring proximity to major Dallas employment corridors give Richardson durable appeal that doesn't diminish with market cycles. Overall, expect Richardson to remain in balanced-to-seller-leaning territory through 2026, with per-square-foot pricing stable and transaction volume likely to recover modestly as rate conditions improve.

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Questions About the Richardson Market?

Whether you're buying or selling in Richardson, The Dunnican Team works across Northeast Dallas and can give you a ground-level read on conditions in this established inner-ring community. Reach out anytime.

Source: NTREIS MLS / Texas REALTORS® Data Relevance Project — Richardson, TX, Q2 2026 (April 1–June 30, 2026) with Q2 2025 comparison metrics. Data via MetroTex Association of REALTORS®. Analysis provided in partnership with the Real Estate Center at Texas A&M University. All figures reflect All Residential (SF + attached) — All Construction Types.

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Frequently Asked Questions – Richardson Housing Market Update Q2 2026

Is it a good time to sell a home in Richardson in 2026?

Richardson's Q2 2026 data supports a cautiously optimistic answer for sellers. The close-to-original-list ratio of 97.3% is one of the strongest in the DFW metro this quarter — sellers in Richardson are consistently closing very close to their asking prices when they're priced correctly. Active listings fell 2.6% to 304 and months of supply held at 3.7, essentially balanced with a slight seller lean. Days on market averaged 38 — up just 5 from a year ago — meaning correctly priced homes are moving within a reasonable timeframe. The one concern is transaction volume, which fell 11.3% to 266 closings — a pullback that bears watching in Q3. The structural picture is stable; the volume question is whether it reflects a temporary rate-driven pause or something more persistent. For sellers with well-maintained, accurately priced homes in Richardson's established neighborhoods, current conditions are more favorable than the softening median headline implies.

Is it a good time to buy a home in Richardson in 2026?

Richardson offers a compelling case for buyers who have been priced out of or frustrated by tighter DFW markets. At 3.7 months of supply, balanced conditions give buyers time to evaluate without the pressure of competing offers on every home. The 97.3% close-to-list ratio is higher than most DFW markets — meaning Richardson sellers are pricing accurately and not leaving much room for aggressive below-list offers — but a well-supported offer of 2–3% below list on appropriately priced homes is realistic. The median sale price of $460,000 combined with a 53-year median home age delivers established neighborhood character, mature landscaping, and inner-ring Dallas proximity that newer suburban developments at similar price points cannot replicate. Richardson's long-term value fundamentals — employment proximity, community infrastructure, and established demand — are among the strongest in the metro.

How long are homes sitting on the market in Richardson?

Homes that closed in Q2 2026 averaged 38 days on market — up 5 days from Q2 2025's 33. That modest increase puts Richardson well below the DFW metro average of 57 days and reflects the balanced, efficiently functioning nature of this established inner-ring market. Days to close averaged 26 days once under contract — among the fastest in the metro — putting the total list-to-close timeline at approximately 64 days, up just 4 from a year ago. Richardson's faster-than-average pace is a direct reflection of its 3.7-month inventory level and the consistent demand from buyers who specifically seek its location and neighborhood character. Sellers should expect a full marketing cycle of 30–60 days before a contract, followed by a 26-day close.

Are Richardson home prices rising or falling in 2026?

The headline says falling — the data says holding. Richardson's reported −2.1% median price decline to $460,000 is primarily a mix-shift effect: median home size fell from 2,147 to 2,063 square feet as smaller homes made up a greater share of Q2 closings, pulling the overall median down even as per-square-foot value actually rose 0.8% to $228.38. When the per-unit value of space is rising while the overall median declines, smaller homes are closing in greater proportion — not a sign that existing home values are deteriorating. The 97.3% close-to-list ratio reinforces this: sellers are achieving very close to their asking prices, which is inconsistent with a market experiencing meaningful value decline. Richardson's underlying value picture is considerably more stable than the headline figure suggests.

How competitive is the Richardson real estate market right now?

Richardson is one of the more competitive established markets in the DFW area at 3.7 months of supply and a 97.3% close-to-list ratio. Well-priced homes here are not sitting — 38-day average days on market tells you buyers are engaging and transacting at a consistent pace. The most active price range is $500,000–$749,000 at 33.5% of Q2 sales, followed by $400,000–$499,000 at 28.1% — buyers in those bands will find the most selection and comparable data but should also expect the most competition from other qualified buyers. Richardson's 53-year housing stock means each home is meaningfully individual — condition, updates, and location within specific school zones drive outcomes as much as the aggregate market conditions do. Buyers who know exactly what they want and can move decisively when they find it are best positioned in this market.

Ready to buy or sell in Richardson? Contact The Dunnican Team — we work across Northeast Dallas and can give you the specific, neighborhood-level guidance Richardson's established market requires.

Richardson Real Estate Overview

A Tech-Driven Suburb with Excellent Schools and Central DFW Access

About Richardson, TX

Richardson is a vibrant, well-established suburb located just north of Dallas, known for its exceptional public schools, robust economy, and welcoming community feel. Often called the heart of North Texas’s Telecom Corridor, the city is home to a high concentration of tech firms, corporate headquarters, and research facilities—making it one of the most employment-rich cities in the region.

Its central location along US-75 and the President George Bush Turnpike (PGBT) places residents within easy reach of Dallas, Plano, Frisco, and DFW Airport, making it an ideal hub for commuters, remote professionals, and business travelers alike. Add in a walkable downtown, tree-lined residential pockets, and top-rated public schools, and you have a community that continues to attract families, professionals, and long-term investors year after year.

Richardson is also celebrated for its cultural diversity, strong civic involvement, and commitment to smart growth. From revitalized public spaces to ongoing infrastructure improvements, the city blends its mid-century roots with forward-thinking development that supports livability and long-term value.

Homes for Sale in Richardson, TX

The Richardson real estate market offers a distinctive blend of classic charm and modern living. Whether you’re looking for a spacious ranch-style home with vintage character or a sleek townhome near the CityLine district, Richardson delivers wide-ranging options to suit your lifestyle and budget.

Popular home types include:

  • Mid-century single-family homes with large lots, mature trees, and timeless curb appeal—many recently renovated with updated interiors

  • Custom homes in sought-after neighborhoods like Canyon Creek, Prairie Creek, and JJ Pearce, known for their architectural variety and strong resale value

  • Modern townhomes and condos near CityLine and downtown Richardson—ideal for professionals, downsizers, or those who prefer low-maintenance living

  • New construction homes in infill neighborhoods and redeveloped lots, featuring open layouts, energy efficiency, and upscale finishes

  • Investment properties and duplexes near UT Dallas, offering strong rental demand from students, staff, and faculty

From established neighborhoods with a deep sense of community to new walkable developments near DART stations and retail hubs, Richardson offers something for nearly every type of buyer.

Why Buyers and Sellers Choose Richardson

Richardson continues to be one of the most balanced and resilient housing markets in North Texas. Buyers appreciate its strong schools, commuter convenience, and diversity of housing, while sellers benefit from steady appreciation and high demand year-round.

Top reasons buyers and sellers choose Richardson:

  • Award-winning schools in Richardson ISD and Plano ISD, depending on the neighborhood

  • Proximity to major employers including Texas Instruments, State Farm, and Raytheon

  • A wide range of parks and trails, including Breckinridge Park, Heights Park, and Spring Creek Nature Area

  • A revitalized, walkable downtown with shopping, dining, and live entertainment

  • A welcoming, multicultural community that hosts family-friendly events, art festivals, and cultural celebrations throughout the year

Whether you’re buying your first home, moving up for more space, or cashing in on long-term equity, Richardson continues to offer a smart, stable, and connected place to call home.

Your Richardson Real Estate Experts

Navigating a market as established, diverse, and in-demand as Richardson calls for more than just MLS access—it takes local expertise, strategic advice, and a team who understands how neighborhoods, schools, and pricing trends impact your decisions.

That’s where Cindy and Cory Dunnican come in. As founders of The Dunnican Team at Coldwell Banker Apex, Realtors®, they’ve spent decades helping clients make confident real estate moves throughout Richardson and the North Dallas corridor. From advising on school zones and floorplans to maximizing value for sellers, Cindy and Cory provide:

  • Personalized guidance backed by deep market knowledge

  • Faith-driven service focused on your long-term goals

  • Smart pricing strategies, neighborhood insight, and negotiation expertise

  • A full-service team that treats your real estate journey with care, integrity, and excellence

If you’re considering a move in or around Richardson, reach out to The Dunnican Team today—and let local experience lead the way.

alized, faith-driven approach that sets them apart. Whether you’re relocating, buying your forever home, or preparing to list your property, Cindy and Cory are here to ensure every detail is handled with care and precision.

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(972) 679-1789

9106 Royal Burgess Dr Rowlett TX 75089

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The Dunnican Team

(972) 679-1789

9106 Royal Burgess Dr Rowlett TX 75089