Richardson, TX Housing Market Update

Richardson, TX Housing Market Update – March 2026

Reporting Period: Feb 1–Feb 28, 2026 • Data via NTREIS

Richardson is having a quietly strong February — and strong is the right word, even with a modest median price decline in the mix. Sales volume increased year over year, price per square foot held essentially flat, and the close-to-list ratio of 96.6% is one of the most compelling figures in this month's entire report. This is a market that's finding its footing well.

PRICES
Richardson's February median of $437,450 — a 3.7% decline from a year ago — sits alongside a price per square foot of $210.33 that is essentially unchanged (+0.1%) year over year. That combination is the interpretive key: the median is moving with transaction mix, not with underlying value. The price distribution shows a market evenly split between the $300–$399k and $400–$499k bands at 27.3% each, with the $500–$749k segment adding another 27.3%. When closings span that range in roughly equal thirds, the median will shift month to month based on which tier had slightly more activity — and a 3.7% decline is well within the range of normal compositional variability. The stable per-square-foot reading tells the more reliable story: Richardson's per-unit value held firm.

SALES ACTIVITY
Sixty-seven closed sales — up 4.7% from 64 in February 2025 — makes Richardson one of the few markets in this month's report to post a year-over-year volume gain. That's a meaningful positive in an environment where most DFW suburbs are seeing buyer engagement soften. Homes averaged 56 days on market, up just 4 days from last February — the smallest DOM increase in this month's report among the full-market communities. Total transaction time came in at 83 days, up 8 days year over year. Days to close fell to 27, down 4 days — confirming that Richardson's under-contract transactions are moving efficiently to close.

INVENTORY
Active listings grew 20.3% to 231 — the largest percentage increase in supply among the full-market cities in this report. That's worth noting, even though the absolute level of 231 listings and 2.8 months of inventory still places Richardson in seller-leaning balanced territory. The inventory expansion gives buyers more to evaluate than they've had in several years, and it's consistent with the broader Collin/Dallas County corridor trend. Notably, Richardson's months of supply (2.8) remains tighter than most of its peers despite the supply growth, because sales volume has kept pace with new listings coming to market.

MARKET BALANCE
The close-to-list ratio of 96.6% is the headline figure that sellers should focus on — essentially unchanged from 96.5% in 2019, and the highest among all full-market communities in this month's report. Despite growing inventory, longer days on market, and a modest median decline, Richardson sellers are holding almost all of their asking price. That level of pricing discipline — and buyer acceptance of it — reflects a community with genuine demand depth and a value proposition that buyers continue to validate at the negotiating table.

2026 Richardson Housing Market Forecast

Richardson's February profile is among the most encouraging in this month's report — rising sales, stable per-square-foot pricing, and a close-to-list ratio that would be the envy of most DFW suburbs. If that combination holds into spring, Richardson is positioned to be one of the more resilient performers in the eastern corridor through mid-2026.

The 20.3% inventory increase is worth monitoring — if active listings continue to grow while sales volume holds steady, months of supply will creep toward 3.5–4.0 and buyer leverage will gradually build. For now, the market is absorbing new supply without a meaningful change in pricing dynamics.

Richardson's proximity to the Telecom Corridor employment hub, its location between Plano and Dallas, and its well-regarded school district continue to anchor demand from a diverse buyer demographic — corporate relocations, first-time buyers upgrading from apartments, and move-up families from inner Dallas neighborhoods. Those demand drivers are durable and don't fluctuate as sharply with interest rates as purely lifestyle-driven markets do.

Source: NTREIS MLS (Feb 1–Feb 28, 2026) with February 2025 comparison metrics from the Texas REALTORS® Data Relevance Project, in partnership with the Real Estate Center at Texas A&M University.

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.