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Richardson, TX

Full City Profile · Texas · Dallas County County

3.8 /5.0
B+ Good
118,269 Population 4,141/sq mi density
$96,257 Median Income $50,398 per capita
$405,600 Home Value $437,800 Zillow
$1,825 Median Rent 29.7% income on rent
68°F Avg Temperature 304 sunny days/yr
144 Violent Crime/100K 1,839 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$96,257 median income, 3.4% unemployment
A
Affordability
4.3 / 5.0
$405,600 home value, $1,825/mo rent
F
Safety
1.0 / 5.0
144 violent crimes/100K
A+
Education
5.0 / 5.0
56.2% bachelor's degree or higher

Housing Overview

Median Home Value
$405,600
44% above
US avg: $281,900
Median Rent
$1,825/mo
57% above
US avg: $1,163/mo
Homeownership Rate
50.8%
22% below US avg (65.4%)
Total Housing Units
47,777
Median year built: 1984

Home Value by Source

Census Median
$405,600
Zillow (ZHVI)
$437,800
Median Sale Price
$439,900
Median List Price
$472,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

50.8%
Owner-Occupied
49.2%
Renter-Occupied
51%
49%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent: $1,825/mo · Zillow rent: $1,676/mo

Market Indicators (Redfin)

Median Days on Market
54 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
65
Price Drops
31.8%
of listings with price reduction
Price Per Sq Ft
$210
Active Inventory
223
homes for sale

Affordability & Housing Stock

Rent Burden
29.7%
of renters spending 30%+ of income on housing
4% below US avg (31.0%)
Median Year Built
1984
Average age of housing stock: 42 years
Homeownership Rate
50.8%

Complete Housing Data

Home Values

Census Median Value$405,600
Zillow Home Value (ZHVI)$437,800
Median Sale Price$439,900
Median List Price$472,000
Price Per Sq Ft$210

Rent

Census Median Rent$1,825
Zillow Rent (ZORI)$1,676
FMR Studio$887
FMR 1-Bedroom$935
FMR 2-Bedroom$1,149
FMR 3-Bedroom$1,497
FMR 4-Bedroom$1,733

Market

Days on Market54
Sale-to-List Ratio1.0%
Price Drops31.8%
Homes Sold65
Active Inventory223
Price Per Sq Ft$210

Ownership & Stock

Owner-Occupied50.8%
Renter-Occupied49.2%
Homeownership Rate50.8%
Total Housing Units47,777
Median Year Built1984
Rent Burden29.7%