Inside DFW Real Estate

Richardson, Texas real estate market update

Each month, The Dunnican Team publishes housing market updates covering the cities we serve across Northeast Dallas, Collin, Hunt and Rockwall Counties.

Our reports are sourced directly from the MLS transaction data, not estimates or industry averages, and always compared year-over-year so you can tell what's actually changing.

Our goal is to give you the same honest picture we use with our clients, explained the way we'd explain it across the table.

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Richardson closed 73 homes in September 2026, up 9.0% from a year earlier, while active listings dipped 2.9% to 304. Months of inventory held at 3.7, leaning toward sellers. The median rose 8.7% to $490,000, and price per square foot rose 4.0%, so comparable homes are selling for more than a year ago.

Richardson, TX Housing Market Update – September 2026

Richardson Housing Market Update | Reporting Period: Sep 1–Sep 30, 2026 • Data via NTREIS MLS

About this report. This is The Dunnican Team's monthly housing market update for Richardson, Texas. Every figure comes straight from NTREIS MLS transaction data — what homes actually sold for, not estimates or automated valuations — and each one is measured against the same month a year earlier, because a number only means something when you can see what it used to be. Below you'll find the median sale price, closed sales, active inventory, months of supply, and days on market, along with what each of those actually means if you're weighing a move. We publish these every month so you can watch the trend rather than react to a single number. It's the same picture we walk our own clients through, explained the way we'd explain it across the table.

Quick Read

Richardson's market held steady in September with a seller-leaning tilt. Closed sales rose 9.0% to 73, active listings dipped 2.9% to 304, and months of inventory held at 3.7, the same as a year ago. Prices moved up, with the median rising 8.7% to $490,000 and price per square foot rising 4.0%, so part of that gain reflects higher values for comparable homes.

Key Highlights | Richardson Housing Market Update

Median Price: $490,000 (+8.7% YoY)
Closed Sales: 73 (+9.0% YoY)
Active Listings: 304 (−2.9% YoY)
Months of Inventory: 3.7 (unchanged from September 2025)

Market Commentary

PRICES
The Richardson median sale price was $490,000 in September 2026, up 8.7% from September 2025, which points to strengthened pricing. Median price per square foot rose 4.0% to $228.60, so roughly half of the median's gain reflects higher values for comparable homes and the rest a shift in the mix of homes sold. The $500,000–$749,999 range was the most active, at 33.8% of closed sales, followed by $300,000–$399,999 and $400,000–$499,999 at 18.3% each. Homes closed at a median of 93.0% of original list price, slightly below the DFW Metroplex at 93.8%. For context, the DFW median was $379,990 and the Texas median was $329,900.

SALES ACTIVITY
A total of 73 homes closed in Richardson in September, up 9.0% from 67 in September 2025, broadly stable activity with a modest gain. The median home took 53 days to go under contract, five days longer than a year ago, and 26 days from contract to close. Total time from listing to closing was 79 days, compared with 95 days across the DFW Metroplex.

INVENTORY
Active listings totaled 304, down 2.9% from 313 a year ago, which keeps supply roughly steady. With sales up slightly and inventory steady, the balance between buyers and sellers hasn't changed much.

MARKET BALANCE
Months of inventory held at 3.7, unchanged from a year ago and under the 4.0-month level that typically favors sellers. That's tighter than the DFW Metroplex at 4.5 months and Texas at 5.5 months. Slightly longer days on market and a 93.0% list-price ratio suggest buyers still negotiate, even in a seller-leaning market.

What Sellers Need to Know

Supply is tight at 3.7 months, unchanged from a year ago.
Price per square foot rose 4.0%, among the stronger gains for larger markets in our coverage area this month.
Homes are taking slightly longer to go under contract, at 53 days, so pricing correctly from the start matters.
Homes closed at a median of 93.0% of original list price, so plan for some negotiation.

What Buyers Need to Know

Selection is limited, with 304 active listings and 3.7 months of supply.
Values are rising, with price per square foot up 4.0% from a year ago.
Homes closed at a median of 93.0% of original list price, which leaves some room to negotiate.
The $500,000–$749,999 range is the busiest at 33.8% of sales, which gives you the most comparable sales to judge value against.

Richardson Housing Market Outlook: Fall 2026

Richardson heads into the fall with steady, seller-leaning conditions and prices that have risen from a year ago. If sales and listings hold near September's levels, months of supply will likely stay under 4.0 through the holidays. Mortgage rates moved higher through late September and early October, and if they stay elevated, sale times could lengthen further and price gains may cool. If rates ease, limited supply suggests well-priced homes would draw competition quickly. Sellers who price to current comparable sales are best positioned.

Trending in Real Estate News

Housing Market Update: Asking Prices Fall for the First Time Since March (Redfin, October 15, 2026)
National asking prices slipped below last year's level, a record share of sellers cut their price, and Dallas was among the metros with the steepest drop in new listings.
Zillow September 2026 Market Report (Zillow Research, October 6, 2026)
Newly pending sales fell sharply nationwide in September as mortgage rates climbed, while home values stayed close to flat.
Have Mortgage Rates Peaked, or Will We See Even More Chaos? (HousingWire, October 10, 2026)
A look at the bond-market volatility behind this fall's higher mortgage rates, and what it has meant for pending sales and price cuts.
Homebuyers Have More Fresh Options Than They've Had in 4 Years (Redfin, September 3, 2026)
New listings rose nationally while demand stayed flat, though Dallas and Fort Worth were exceptions, with fewer new listings than a year earlier.

Numbers describe a market. They do not describe your home, your street, or your timeline. If you are weighing a move in Richardson, Texas, Cindy and Cory Dunnican are glad to walk through what this data means for your specific situation — no pressure, no obligation. Get in touch with The Dunnican Team or call 972-679-1789.

Source: Texas REALTORS® Data Relevance Project via MetroTex Association of REALTORS® (Richardson, Dallas-Fort Worth-Arlington MSA, and Texas; September 2026, with September 2025 comparisons). Underlying data from NTREIS MLS; analysis provided through the Texas Real Estate Research Center at Texas A&M University.

Richardson Housing Market FAQs – September 2026

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

Conditions favor sellers. Months of inventory held at 3.7 in September 2026, and price per square foot rose 4.0% from a year ago. Homes are taking a few days longer to go under contract, at 53 days, so pricing correctly from the start matters.

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

Selection is limited and values are rising, but buyers still have some room. Homes closed at a median of 93.0% of original list price.

How long are homes taking to sell in Richardson?

In September 2026, the median home took 53 days to go under contract and 26 days from contract to close, for 79 days in total. That's four days longer than a year ago but faster than the DFW Metroplex at 95 days.

Are home prices rising in Richardson?

Yes, modestly. The median rose 8.7% to $490,000, and price per square foot rose 4.0% to $228.60. Part of the median's gain reflects the mix of homes sold, but comparable homes are also selling for more than a year ago.

How competitive is the Richardson housing market?

Moderately competitive. At 3.7 months of inventory, Richardson leans toward sellers, and it's tighter than the DFW Metroplex at 4.5 months.

Have questions about what these numbers mean for your home or your search? Connect with The Dunnican Team. We're glad to walk through your neighborhood and price range.

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