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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inside DFW real estate

monthly market update

Richardson is the fastest-moving market in this report. Months of inventory sat at 2.8, homes sold in a median of 22 days, and closings rose 3.3% while active listings fell 19.9%.

Homes closed at 97.8% of original list price, the strongest ratio in the area, so discounting was uncommon. The median eased 5.1% to $460,000, which reflects a shift in which homes transacted more than any broad softening.

Richardson, TX Housing Market Update – September 2026

Richardson, TX Housing Market Update | Reporting Period: Aug 1–Aug 31, 2026 (August 2026 data) • Data via NTREIS

Key Highlights | Richardson, TX Housing Market Update

Median Price: $460,000 (-5.1% YoY)
Closed Sales: 94 (+3.3% YoY)
Active Listings: 261 (-19.9% YoY)
Months of Inventory: 2.8 (-22.5% YoY)

What Sellers Need to Know

At 2.8 months of supply, Richardson is the fastest-absorbing market covered in this report.
Homes closed at 97.8% of original list price, the strongest ratio in the area.
Median days on market fell to 22 from 28, so well-presented homes are moving quickly.
Closings rose 3.3% while inventory fell 19.9%, a combination that supports pricing.

What Buyers Need to Know

With 2.8 months of supply, Richardson requires faster decisions than any other market in this report.
Homes sold at 97.8% of original list, so significant discounting is uncommon.
The median price eased 5.1% year over year, which has improved entry points despite tight conditions.
At a 22-day median time on market, preparation and financing readiness matter more than negotiating strategy.

PRICES
Richardson's median sales price was $460,000 in August 2026, down 5.1% from $484,800 in August 2025. Homes sold at a median of 97.8% of original list price, compared with 96.8% a year ago. The most active price band was $400,000 to $449,999. For context, the DFW Metroplex median was $389,000 and the Texas median was $330,000.

SALES ACTIVITY
A total of 94 homes closed in August 2026, compared with 91 in August 2025, a increase of 3.3%. Sellers brought 101 new listings to market, and 55 properties went under contract. Median days on market fell to 22 from 28 a year ago.

INVENTORY
Active listings totaled 261 at the end of August 2026, down 19.9% from 326 in August 2025. With 101 new listings against 94 closings, supply continued to build during the month.

MARKET BALANCE
Months of inventory stood at 2.8, compared with 3.6 in August 2025. That compares with 4.4 months for the DFW Metroplex and 5.4 months statewide. Inventory tightened while sales rose, which reflects genuine absorption rather than a pullback in listings.

Richardson Housing Market Outlook: Fall 2026

Richardson is the tightest market in this report at 2.8 months of supply, with inventory down 19.9% while closings rose 3.3%. That combination reflects genuine absorption rather than a listing pullback, which generally supports prices through the fall. The 5.1% decline in median price alongside a 97.8% sale-to-original-list ratio suggests a shift in which homes transacted rather than broad softening. New listings at 101 roughly matched the 94 closings, so inventory is likely to stay near current levels. Proximity to employment centers and established housing stock continue to support demand independent of rate movement. If financing costs ease, Richardson has the least room to absorb additional demand without upward price pressure.

Trending in Real Estate News

Realtor.com Research — The Best Time to Buy a Home Is the Week of Sept. 27 – Oct. 3 — Realtor.com's annual timing analysis names the week of September 27 through October 3 the most buyer-friendly week of 2026 nationally, with more active listings than earlier in the year and roughly $14,000 in savings on a median-priced home compared with the summer peak. The weeks immediately after are nearly as favorable.
MetroTex Association of REALTORS® — Monthly DFW Housing Market Reports — The regional association's own monthly data for the Dallas-Fort Worth Metroplex and Texas.
Zillow Research — Monthly Market Report — National sales and new-listing trends, useful for separating local movement from national conditions.
Redfin — 2026 Housing Market Mood: Buyers Cautious, Sellers Showing Up — Survey-based look at how buyers and sellers are approaching the market this year.

Numbers describe a market. They do not describe your home, your street, or your timeline. If you are weighing a move in Richardson, 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.

Frequently Asked Questions

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

The Richardson market currently favors sellers. Months of inventory stood at 2.8 in August 2026, against 4.4 months for the DFW Metroplex and 5.4 months statewide. Active listings fell 19.9% year over year, and homes sold at a median of 97.8% of their original list price. Whether it is the right time depends on your price point and timeline, which is worth discussing against recent closings in your specific neighborhood.

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

Richardson had 261 active listings at the end of August 2026 and 94 homes closed during the month, which works out to 2.8 months of supply. The median sale price was $460,000, down 5.1% from a year earlier. Homes closed at 97.8% of original list price, so there was negotiating room on properties that had been listed a while.

How long are homes taking to sell in Richardson?

Median days on market in Richardson was 22 days in August 2026, compared with 28 days in August 2025. That figure measures time from listing to an accepted contract. Contract to closing added a further 26 days in Richardson during August, so a typical sale ran about 48 days from listing to closing.

Are home prices rising or falling in Richardson?

The median sale price in Richardson was $460,000 in August 2026, compared with $484,800 in August 2025, a change of -5.1%. A median reflects the midpoint of what sold, so it moves when the mix of homes selling changes as well as when values change.

How competitive is the Richardson housing market?

With 2.8 months of inventory, the Richardson market favors sellers. Homes closed at a median of 97.8% of original list price and 55 properties went under contract during August 2026. Under 4 months of supply generally favors sellers, 4 to 5 months is balanced, and above 5 months favors buyers.

What is the median home price in Richardson, TX?

The median sale price in Richardson was $460,000 in August 2026. For comparison, the DFW Metroplex median was $389,000 and the Texas statewide median was $330,000.

How much housing inventory is available in Richardson?

Richardson had 261 active listings at the end of August 2026, down 19.9% from 326 a year earlier. Against 94 closed sales, that represents 2.8 months of supply.

How does the Richardson housing market compare to DFW and Texas overall?

Richardson's median sale price of $460,000 compares with $389,000 across the DFW Metroplex and $330,000 statewide. Inventory stood at 2.8 months locally, versus 4.4 months for the Metroplex and 5.4 months for Texas.

Source: NTREIS MLS (Aug 1–Aug 31, 2026) with August 2025 comparison metrics from NTREIS MLS. Regional and statewide benchmarks from MetroTex Association of REALTORS® August 2026 Housing Reports.

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