Richardson, TX Real Estate Market Update | Trends & Stats

RICHARDSON, TX HOUSING MARKET UPDATE – MARCH 2026

Richardson Housing Market Update | Reporting Period: Mar 1–Mar 31, 2026 • Data via NTREIS

Richardson combines strong employment proximity—particularly for tech and telecom professionals along the Telecom Corridor—with established neighborhoods, top-rated schools, and a housing stock that continues to attract significant buyer demand. March 2026 data is one of the stronger market profiles in this entire update cycle, with positive price appreciation, improved transaction volume, and inventory conditions that continue to favor sellers.

Key Highlights | Richardson Housing Market Update

Median Sold Price: $476,500 (+10.9% YoY)
Closed Sales: 97 (+7.8% YoY)
Active Listings: 230 (+4.1% YoY)
Months of Inventory: 2.7 (0.0% YoY)
Sale-to-List Price Ratio: 97.5% (-0.2% YoY)

PRICES
Richardson's median sold price rose to $476,500 in March 2026, a +10.9% year-over-year gain—one of the stronger appreciation figures in this month's dataset. With 97 closed sales, this is a statistically credible result, not a small-sample anomaly. Homes are closing at 97.5% of original list price (-0.2 points), the highest SP/OLP ratio in this entire batch of cities. That combination—meaningful price appreciation and near-list-price closing ratios—is the signature of a market where seller power remains intact and buyer competition is real.

SALES ACTIVITY
97 closed sales reflects a +7.8% improvement over March 2025—solid, credible volume growth. Transaction momentum improved even as DOM edged slightly higher, from roughly 21 to 22 days (+4.8%). Pending sales were up +8.1%, confirming the forward pipeline is healthy and April should see continued activity. Every major metric in Richardson's sales section is pointing in a positive direction this month.

INVENTORY
Active listings grew modestly to 230 (+4.1%), and months of supply held flat at 2.7—unchanged year over year. More new listings entered the market (+0.8%), but supply and demand appear to be growing at essentially the same rate, keeping the balance stable. 2.7 months of supply is among the three lowest readings in the entire update dataset—firmly seller-favorable territory.

MARKET BALANCE
Richardson's March data is straightforwardly seller-favoring: 2.7 months of supply, 97.5% SP/OLP, 22-day DOM, and positive appreciation all point in the same direction. Buyers in Richardson face real competition for well-priced homes and should expect to pay close to list price in most cases. The market hasn't returned to 2021 bidding-war conditions, but it hasn't given buyers meaningful structural leverage either.

What Sellers Need to Know

97.5% SP/OLP is the highest closing ratio in this month's entire dataset—you're in one of the strongest seller positions available.
Median prices rose 10.9% year over year with 97 closed sales—this is credible appreciation, not a small-sample anomaly.
2.7 months of supply has held flat year over year—this is a structurally stable seller's market.
Transaction volume improved 7.8% and pending sales are up 8.1%—buyer engagement is strong and growing.

What Buyers Need to Know

At 2.7 months of supply and 97.5% SP/OLP, Richardson leans clearly toward sellers—be prepared to pay close to list.
Prices rose 10.9% year over year in a high-volume market; the cost of waiting is real here.
22-day DOM means well-priced properties move quickly—don't delay once you've identified a strong fit.
Do your comparable research thoroughly before making an offer; this market doesn't reward under-informed lowball bids.

2026 Richardson Housing Market Forecast

Richardson's 2026 spring market looks positioned to be one of the stronger performers in the North Texas metro. The combination of Telecom Corridor employment, proximity to both Dallas and Collin County amenities, and strong school district access creates a demand profile that is relatively rate-insensitive compared to more distant suburbs. If mortgage rates ease in the second half of the year, Richardson could see a return to even more competitive conditions in the $400K–$550K core price range. Sellers should enter this spring with confidence; the data supports assertive pricing within current comparable ranges. Buyers face a more competitive environment than in many surrounding communities and should approach the market prepared to move decisively when the right property appears.

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Questions about the Richardson market?

The Dunnican Team at Coldwell Banker Apex has deep roots in North Texas real estate and can help you understand what these numbers mean for your specific situation—whether you’re buying, selling, or keeping an eye on your investment. Call us at 972-679-1789 or visit thedunnicanteam.com.

Source: NTREIS MLS (Mar 1–Mar 31, 2026) with March 2025 comparison metrics from Texas REALTORS® Data Relevance Project (Richardson, March 2025).

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Richardson Housing Market — Frequently Asked Questions

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

Richardson is one of the strongest seller's markets in the Dallas metro right now, and the March 2026 data backs that up across every major metric. The median sold price rose 10.9% year over year to $476,500 on 97 closed sales — credible appreciation at meaningful volume. Homes are closing at 97.5% of original list price, the highest ratio among all markets tracked this month, and averaging just 22 days on market. At 2.7 months of supply — unchanged from last March — the structural conditions that favor sellers have held stable rather than eroding. Pending sales are up 8.1%, so buyer engagement heading into spring is growing, not softening.

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

Richardson is an active market that clearly favors sellers, which means buyers need to approach it with preparation and realistic expectations. At 2.7 months of supply and a 97.5% sale-to-list ratio, you should plan to offer close to list price on well-positioned homes — deeply discounted offers are unlikely to gain traction here. The 10.9% year-over-year price increase is a concrete reminder that waiting carries a real cost. That said, 230 active listings give you legitimate options across Richardson's established neighborhoods, and the 22-day average DOM means you have a reasonable window to evaluate — just not an extended one. Come in pre-approved, do your comparable research, and be ready to move when the right property appears.

How long are homes sitting on the market in Richardson?

Homes in Richardson averaged 22 days on market in March 2026, up marginally from roughly 21 days in March 2025. That is among the fastest paces of any market tracked in this month's Dallas metro dataset. At 22 days, buyers have limited time to deliberate — well-priced homes in desirable Richardson neighborhoods are generating interest quickly and not waiting for second-round buyers. If you find a property that genuinely fits your needs and budget, hesitating to allow a week of additional thought is a real risk in this market. Preparation before you start looking — financing, priorities, and target neighborhoods — pays off here more than in slower-moving markets.

Are home prices rising or falling in Richardson?

Home prices in Richardson are rising at one of the stronger rates in the Dallas metro. The median sold price reached $476,500 in March 2026, a +10.9% gain from March 2025 — and with 97 closed transactions, that figure carries real statistical weight. The 97.5% sale-to-list ratio confirms buyers are consistently paying close to asking price, which further supports the appreciation trend. Richardson's price growth is underpinned by durable demand drivers — Telecom Corridor employment, top-rated schools, and proximity to both Dallas and Collin County — that don't evaporate with modest rate fluctuations. Prices here are rising because demand is consistently outpacing a supply base that hasn't grown meaningfully year over year.

How competitive is the Richardson housing market?

Richardson is one of the more competitive markets in the Dallas metro right now. At 2.7 months of supply, a 97.5% sale-to-list ratio, and 22 average days on market, the data consistently points toward a market where sellers hold the structural advantage and buyers need to act with conviction. Transaction volume improved 7.8% year over year and pending sales are up 8.1%, meaning more buyers are actively engaged than this time last year — not fewer. This isn't a return to 2021 conditions where every listing drew a dozen offers, but it's a market where well-priced homes in good condition attract serious buyers quickly and close near ask. Buyers who are informed, prepared, and decisive succeed here; those who approach it casually will find themselves outmaneuvered.

Have questions about buying or selling in Richardson? Talk to The Dunnican Team — we serve buyers and sellers across the Dallas metro and can help you navigate current market conditions with clear, data-driven guidance.

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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Real Estate Market Update

City of Richardson, TX

Richardson, TX Housing Market Update

RICHARDSON, TX HOUSING MARKET UPDATE – MARCH 2026