Market Overview
Home Prices in Richland Hills, TX
The median home value in Richland Hills, TX is $290,401 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.8% compared to a year ago and down 2.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Richland Hills are priced29% below average. Richland Hills is part of the Dallas-Fort Worth-Arlington, TX metro area.
Over the past five years, Richland Hills home values have risen by approximately20.9%, reflecting strong long-term appreciation in this market.
Price History
Richland Hills Home Price Trend
City Comparison
Richland Hills vs. National Median
At $290,401, homes in Richland Hills cost 29% below the national median of $410,000. This makes Richland Hills a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Richland Hills?
20% Down Payment
$58,080
on $290,401
Monthly P&I
$1,515/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,924/mo
incl. taxes & insurance
Income Needed
$76,960
gross annual (30% rule)
10% Down Option
$29,040
+ PMI applies
Loan Amount (20% dn)
$232,321
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 Richland Hills, TX?
The median home value in Richland Hills is $290,401 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.8% year-over-year.
How much have home prices changed in Richland Hills?
Over the past year, home values in Richland Hills have increased by 0.8%. Over five years, prices have risen approximately 20.9%.
How much do I need to earn to buy a home in Richland Hills?
To comfortably afford the median home price of $290,401 with a 20% down payment ($58,080) at today's rates (6.8%), you'd need a gross annual income of approximately $76,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Richland Hills compare to the national average home price?
The national median home value is approximately $410,000. At $290,401, homes in Richland Hills are 29% below the national average.
What metro area is Richland Hills part of?
Richland Hills is part of the Dallas-Fort Worth-Arlington, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.