Market Overview
Home Prices in Richardson, TX
The median home value in Richardson, TX is $448,332 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1% compared to a year ago and down 3.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Richardson are priced9% above average. Richardson is part of the Dallas-Fort Worth-Arlington, TX metro area.
Over the past five years, Richardson home values have risen by approximately21.2%, reflecting strong long-term appreciation in this market.
Price History
Richardson Home Price Trend
City Comparison
Richardson vs. National Median
At $448,332, homes in Richardson cost 9% above the national median of $410,000. Buyers in Richardson should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Richardson?
20% Down Payment
$89,666
on $448,332
Monthly P&I
$2,338/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,969/mo
incl. taxes & insurance
Income Needed
$118,760
gross annual (30% rule)
10% Down Option
$44,833
+ PMI applies
Loan Amount (20% dn)
$358,666
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Richardson, TX?
The median home value in Richardson is $448,332 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1% year-over-year.
How much have home prices changed in Richardson?
Over the past year, home values in Richardson have decreased by 1%. Over five years, prices have risen approximately 21.2%.
How much do I need to earn to buy a home in Richardson?
To comfortably afford the median home price of $448,332 with a 20% down payment ($89,666) at today's rates (6.8%), you'd need a gross annual income of approximately $118,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Richardson compare to the national average home price?
The national median home value is approximately $410,000. At $448,332, homes in Richardson are 9% above the national average.
What metro area is Richardson part of?
Richardson is part of the Dallas-Fort Worth-Arlington, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.