Richardson Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$225,600

  • 18.6% 1-year change
  • 7.0% 1-year forecast

Market temperature 

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Hot
Buyers' Market
Sellers' Market

The median home value in Richardson is $225,600. Richardson home values have gone up 18.6% over the past year and Zillow predicts they will rise 7.0% within the next year. The median rent price in Richardson is $1,700, which is higher than the Dallas-Fort Worth Metro median of $1,550.

Foreclosures will be a factor impacting home values in the next several years. In Richardson 1.3 homes are foreclosed (per 10,000). This is lower than the Dallas-Fort Worth Metro value of 3.1 and also lower than the national value of 3.6

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Richardson is 2.3%, which is lower than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Richardson homeowners underwater on their mortgage is 4.4%, which is lower than Dallas-Fort Worth Metro at 6.9%.

Read more
Relative ZHVI
- +

Richardson Market Overview

Data through Jul 31, 2015
  • $225,600 ZHVI
  • 7.0% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jul 31, 2016)
  • No data Median listing price
  • $244,092 Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Richardson Market Health

Data through Jul 31, 2015
  • 9.8/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 4.4% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 2.3% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

1 Richardson
3 Dallas-Fort Worth Metro
4 United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Neighborhoods in Richardson

Name Median ZHVI
Canyon Creek $253,400
Owens Park $192,600
Duck Creek $171,800
Name Median ZHVI
Yale Park $160,800
Northrich $147,300
Highland Terrace $144,300
Name Median ZHVI
Mark Twain $124,200
 
 

Listings & Sales

Data through Jul 31, 2015
  • No recent data Median list price / sq ft
  • $116 Median sale price / sq ft
  • No data Listings with price cut
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Richardson Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $1,767 Richardson
    $1,480 Dallas-Fort Worth Metro
    $1,376 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • $1,700 Rent list price
  • $0.99 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading