Down about 1.6%-2.1% year over year as the mix shifted toward smaller homes.
Richardson, Texas ยท Q3 2026
A balanced market rewards local pricing and preparation.
The citywide median sale price eased to roughly $460,000-$462,248, yet median price per square foot rose to $228.38. The difference is a smaller-home mix, not a simple loss of value.
Stable inventory supports a balanced market with a slight structural lean toward sellers.
Up 0.8% year over year even as the overall median sale price moved lower.
Well-positioned homes are still closing close to the seller's anchored asking price.
The mix-shift market
Price moved down. Price per square foot moved up.
Q2 closed sales fell 11.3% to 266, but active listings also edged down 2.6% to 304. At the same time, the median size of a sold home declined from 2,147 to 2,063 square feet. That smaller-home mix helps explain why the citywide median price fell while the value of each square foot held firm.
Before listing
Price against the closest neighborhood and renovation-quality comps, not only the citywide median.
Prepare the property record
For prior foundation work, organize the scope, engineer letter, and transferable-warranty documents.
Plan for a normal timeline
Homes are averaging about 31-42 days on market, so condition and first-price accuracy matter.
ZIP code lens
Richardson is not one market.
Pricing strategy changes by age of home, school pattern, renovation quality, and buyer pool. Start with the sub-market, not the city average.
Central and West Richardson
Median listing and sale indicators run about $459,233-$475,000, with a reported median of $253 per square foot and wide variation by renovation quality.
East Richardson
Indicators run about $409,907-$427,250 and $214 per square foot, offering a more accessible entry point with a somewhat softer pricing trajectory.
Northeast Richardson
Indicators run about $550,000-$580,000. Newer inventory, CityLine proximity, and stronger reported competitiveness support this higher-priced submarket.
Q3 2026 research
Explore the complete Richardson market analysis.
Review ZIP-code and neighborhood pricing, rental conditions, foundation economics, RISD changes, the DART Silver Line, Texas Instruments, CityLine, and local reinvestment programs.
Request a Richardson pricing read
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