The median assessed value of a home sold in May 2021 in Richardson rose by $5,100 while total valuation increased by 25.7%, according to BlockShopper.com.
In May 2021, there were 127 homes sold, with a median home valuation of $242,640 – a 2.1% increase over the $237,540 median valuation for the same period of the previous year. There were 101 homes sold in Richardson in May 2020.
The following table compares Richardson to other Dallas County cities with similar median home valuations in May 2021:
| City | May 2021 Home Sales | May 2020 Home Sales | % change (Total Home Sales) | May 2021 Median Valuation | May 2020 Median Valuation | % change (Median Valuation) |
|---|---|---|---|---|---|---|
| Highland Park | 21 | 13 | 61.5% | $1,354,370 | $1,345,000 | 0.7% |
| University Park | 38 | 25 | 52% | $1,272,875 | $1,189,380 | 7% |
| Coppell | 44 | 49 | -10.2% | $424,380 | $365,000 | 16.3% |
| Addison | 18 | 10 | 80% | $380,980 | $319,180 | 19.4% |
| Lewisville | 1 | 4 | -75% | $270,600 | $230,575 | 17.4% |
| Richardson | 127 | 101 | 25.7% | $242,640 | $237,540 | 2.1% |
| Sachse | 18 | 19 | -5.3% | $234,205 | $220,240 | 6.3% |
| Rowlett | 66 | 56 | 17.9% | $223,210 | $221,105 | 1% |
| Dallas | 1,090 | 1,083 | 0.6% | $222,725 | $167,040 | 33.3% |
| Farmers Branch | 37 | 20 | 85% | $207,670 | $175,605 | 18.3% |
| Carrollton | 49 | 42 | 16.7% | $206,230 | $219,465 | -6% |
