Is Richardson, TX 75085 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Richardson is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market88Listing to accepted offer
Median price per sq ft$294

The Richardson housing market right now

In the three months ending August 31, 2026, 0% of homes in Richardson, TX 75085 sold above their list price, the typical home went under contract in 88 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.

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Questions about Richardson real estate

Is Richardson a buyer’s or seller’s market?

A seller’s market: there were 3.2 months of supply in Richardson, TX 75085 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Richardson?

The typical home went under contract in 88 days in the latest three months.

Do homes in Richardson sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What is the median home price in Richardson?

The median sale price was $354,846 in the three months ending August 31, 2026, about $294 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology