Richardson Home Values
Texas
Richardson Market Snapshot
| Active 419 listings | New 146 30 days | Closed 100 30 days | Pending 20 30 days | Supply 4.4 months | Absorption 40.8% monthly | Over List 1.3% sold above | Under List 39.3% sold below | Concessions 50.2% % of solds | Avg Concession $7,982 seller paid |
Source: NTREIS MLS • Excludes leases • May 2026
Richardson Market Trends
Where Tech Jobs Meet Tree-Lined Streets
Richardson sits at the crossroads of innovation and livability in north Dallas County. Home to the University of Texas at Dallas and the Telecom Corridor — one of the largest technology employment centers in the Southwest — the city draws engineers, researchers, and professionals who want a short commute and a real neighborhood to come home to. Mature trees shade streets lined with mid-century ranches and updated split-levels, while pockets like Canyon Creek and Richardson Heights offer distinctly different vibes. Top-rated RISD schools, Eisemann Center performances, and Sherrill Park tee times round out a city that punches well above its suburban weight class.
Closing values in Richardson held at roughly $228 per square foot through the recent period, running about 12% above the Dallas County benchmark — a premium that has persisted even as the broader metro softened. Based on MLS data for May 2026 closings in Richardson, sellers received close to full asking price, giving back less than two cents on the dollar at the close of escrow. More than half of transactions included a seller concession averaging around $8,500, reflecting deal-level negotiation even while aggregate price levels stayed firm. Year-over-year appreciation was essentially flat at just over one percent.
With roughly 4.7 months of available supply, Richardson's pipeline sits materially tighter than the Dallas County average of 7.0 months, a gap that has historically corresponded with more competitive offer conditions. New listings coming to market have been tracking near the volume of pending contracts, suggesting absorption is keeping pace with new supply rather than building a backlog. Active inventory has held flat rather than expanding, and time-to-contract for recent closings has remained consistent with the trailing twelve-month average.
Market Updates
Closing values in Richardson held at roughly $228 per square foot through the recent period, running about 12% above the Dallas County benchmark — a premium that has persisted even as the broader metro softened. Based on MLS data for May 2026 closings in Richardson, sellers received close to full asking price, giving back less than two cents on the dollar at the close of escrow. More than half of transactions included a seller concession averaging around $8,500, reflecting deal-level negotiation even while aggregate price levels stayed firm. Year-over-year appreciation was essentially flat at just over one percent.
With roughly 4.7 months of available supply, Richardson's pipeline sits materially tighter than the Dallas County average of 7.0 months, a gap that has historically corresponded with more competitive offer conditions. New listings coming to market have been tracking near the volume of pending contracts, suggesting absorption is keeping pace with new supply rather than building a backlog. Active inventory has held flat rather than expanding, and time-to-contract for recent closings has remained consistent with the trailing twelve-month average.
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Market data last updated Jun 1, 2026, 6:00 AM CDT · Editorial updated May 12, 2026, 5:03 PM CDT
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