Housing in Richardson
Richardson's housing market runs well above Garland's, Mesquite's, and Dallas proper's, with sources disagreeing on the exact current median by tens of thousands of dollars but agreeing on a consistent upward year-over-year trend -- a genuine contrast with Garland and Mesquite, both of which showed YoY declines in the same window.
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Learn moreMedian sale price: a wide, disclosed range
The base record's Redfin figure puts Richardson's median sale price at $462,223 for May 2026, up 2.7% year over year. Other snapshots ran notably higher: $476,500 for March 2026 (up 10.9% YoY) and $526,500 over a trailing 30-day window (up 17.5% YoY). AreaVibes separately cited $523,412 -- close to the upper end of that range. Treat roughly $462K-$526K as the plausible range rather than one precise figure; unlike Garland and Mesquite, every Richardson snapshot checked this session showed year-over-year price growth rather than decline (Redfin/AreaVibes aggregation, retrieved 2026-08-22).
A split-county housing market -- confirm which county and school district apply
Because Richardson spans Dallas County (Richardson ISD) and Collin County (Plano ISD), two listings in the same city can carry different school-district assignments and different county tax rates depending purely on which side of the county line they sit on (see the moving and schools-families topics). Confirm this directly for any specific listing -- it affects both resale demand and the applicable tax rate.
Rental market: a disclosed, roughly $650/month gap between sources
Zillow cites an average rent of $2,299/month (August 2026) against Apartment List's $1,635 median for the same month -- see the cost-of-living topic for the full unit-type breakdown. Whichever figure is closer to a given unit, Richardson's rents run well above Garland's ($1,245-$1,803 for a one-bedroom, per Garland's housing topic).
UT Dallas housing pressure is a specific, ongoing local dynamic
UT Dallas's roughly 30,000 students, with only 22% housed on-campus, create real, ongoing rental demand pressure near the university. The school's approved 340-unit/534-bed development is intended to relieve some of that shortfall, but a landlord or renter near campus should factor this specific, sourced dynamic into their expectations (CollegeVine/Connect CRE, retrieved 2026-08-22).
Key takeaways
- Richardson's median sale price runs $462K-$526K across sources (Redfin $462,223 May 2026 up 2.7% YoY; a March 2026 snapshot at $476,500 up 10.9% YoY; a trailing-30-day figure at $526,500 up 17.5% YoY; AreaVibes at $523,412) -- a wide, disclosed range.
- Unlike Garland and Mesquite, every Richardson price snapshot checked this session showed year-over-year growth rather than decline.
- Richardson spans Dallas County (Richardson ISD) and Collin County (Plano ISD) -- confirm which applies to a specific listing, since it affects both school assignment and tax rate.
- Rent estimates disagree by roughly $650/month between Zillow ($2,299 average) and Apartment List ($1,635 median); UT Dallas's ~30,000 students (only 22% housed on-campus) create real, ongoing local rental demand pressure.
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