A flourishing suburban city in the Dallas-Fort Worth Metroplex, Richardson is home to nearly 120,000 people--many of whom work in its thriving business sector. “Richardson is one of the major employment areas of the Metroplex,” says Greg Sowell, the Director of Communications with the City of Richardson. “We used to be called the Telecom Corridor [but] we have evolved over time.” Telecom giants like Cisco, Fujitsu Network and AT&T still maintain offices in Richardson, but now insurance companies like State Farm and Geico and technology companies like Raytheon and Collins Aerospace have moved in. Over 1,100 emerging and established businesses--including id Software and Honeywell--are part of the Richardson Innovation Quarter, a 1,200-acre tech hub. The city's University Village is home to the University of Texas-Dallas, which has over 30,000 students.
Beyond employment opportunities, Richardson offers residents a robust parks system, a vibrant cultural scene and a top-rated school district. The city is also poised for better public transit connections with Downtown Dallas, about 15 miles away, and the greater Metroplex thanks to a new regional rail line coming in late 2025 or early 2026.
Nestled along the northern part of Richardson, Cisco occupies a large campus.
A major employer in Richardson is AT&T.
Over 1,000 businesses are part of Richardson's Innovation Quarter.
The University of Texas at Dallas near Cottonwood Creek excels in science and tech.
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Richardson's strong housing market
Richardson's properties range from 1950s, 60s and 70s ranch-style homes to spacious new-builds. Established neighborhoods like Mark Twain feature modest midcentury homes that typically range between $300,000 and $430,000. Bigger, newer, pricier homes are mostly found in the north part of the city, which has seen significant new construction. Some neighborhoods like Canyon Creek , which boasts a country club and golf course, have a mix of both older and newer homes, which are priced in the $400,000 to $1.8 million range. Townhouses and condominiums are located throughout the city with prices generally ranging between $100,000 and $550,000. The median home price in Richardson is $475,000, higher than the Dallas-Fort Worth-Arlington area median price of $399,000, according to the Texas Real Estate Research Center. “The housing market is strong in Richardson, with a steady demand,” Robbins says. “Prices have been historically more stable than much of the Metroplex."
Mid-century homes are most commonly found in the Mark Twain neighborhood.
Many in Richardson's Cottonwood Creek choose traditional homes for their enduring style.
Along the tree lined streets in Richardson modern farmhouse style homes are popping up.
Condominiums sit along Custer Road in Richardson's Canyon Creek as another housing option.
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Soccer and baseball at Breckinridge Park
“One of the best things about Richardson is the parks and trail system,” says Jay Robbins, a Broker with the Robbins Real Estate Group. “There are parks in virtually every neighborhood.” Popular city green spaces include Breckinridge 's namesake park, which at 417 acres, is Richardson’s largest public green space. It's home to soccer and baseball fields, a 10-acre lake and a playground; bikers and hikers can also take to the park's trails.
In Duck Creek , the 54-acre Huffhines Park provides multipurpose sports fields and features a large recreation center with an indoor gym. Cottonwood Park is home to the Ann Eisemann Inclusive Playground, allowing kids of all abilities to enjoy the outdoors, as well as one of several city pools open seasonally. Golfers can get a round in at Sherrill Park Golf Course, a municipal 18-hole course.
Fishing at Richardson's Breckinridge Park pond is a catch and release only location.
Richardson's Huffhines Park is a favorite for locals to practice their swing on the courts.
Richardson's all inclusive swings are available for all kids at Cottonwood Park.
Richardson's Canyon Creek residents head to the country club for weekend golfing.
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Richardson ISD innovates education
With an extensive list of elementary, junior high and high schools to map out a student’s academic journey, the A-minus-rated Richardson Independent School District covers students living in Richardson, North Dallas and a portion of Garland. Memorial Park Academy provides a bit more flexibility for students to earn diplomas at their own pace, offering two four-hour sessions each day instead of a full traditional school day. Richardson is home to the University of Texas at Dallas which offers over 140 academic programs for undergraduate and graduate students across seven schools.
Located in Garland, TX, O Henry Elementary School is part of Richardson ISD.
Discover the joy of learning in the classrooms of Richardson West Jr. High School.
Your top choice for comprehensive learning and personal growth at Richardson High School.
The University of Texas at Dallas in Richardson's University Village is a top school.
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Music and art take center stage in Richardson
Richardson's dedication to the arts is evident in its many cultural events. The Cottonwood Art Festival features live entertainment, a craft beer garden, food trucks and ArtStop kids’ activities to accompany the diverse array of artwork each fall and spring. “There are some top-notch artists that come from all over the country,” says Heather Kobs, a Realtor with Call It Closed International Realty and a longtime resident of Richardson. The city also hosts the Wildflower Arts & Music Festival every May, where music lovers can participate in songwriting workshops and talent competitions and enjoy the popular Battle of the Bands.
Culture can be experienced at Public Art Walk Richardson, which showcases eight pieces along the Central Trail, including colorful sculptures and dancing fountains. The Eisemann Center is a prominent performing arts venue with dance, classical music, musicals and concerts by well-known bands. The Richardson Theatre Centre and the city's Repertory Company Theatre are smaller groups that put on plays and musicals.
Richardson locals head to the Cottonwood Art Festival to gaze at creative displays of art.
The beer garden at Richardson's Cottonwood Art Festival is a popular place to go.
Richardson's Wildflower Festival Acrobats keeps the crowds entertained.
Richardson's Public Artwalk has delightful sculptures along its path.
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DART’s Silver Line links cities
U.S. Route 75 runs directly through the city, intersecting with Interstate 635 and the President George Bush Turnpike. As part of the Metro Dallas-Fort Worth area, Richardson is serviced by the Dallas Area Rapid Transit (DART) public transit system. With the introduction of the new Silver Line, Richardson residents will be able to take the service to the Dallas Fort Worth International Airport. Downtown Dallas is about 15 miles away, while the DFW International Airport is about 25 miles away.
Asian culture and cuisine in Chinatown
Richardson has a sizeable Asian population and a small Chinatown in Highland Terrace celebrates Asian cuisine and culture. Chinese restaurants include Canton Chinese Food, Jeng Chi Restaurant and Maru Ramen. Chinatown also features restaurants from other cultures like Spice ‘N’ Rice Indian Cuisine and Albaghdady Bakery and Cafe, which serves Middle Eastern fare. The Dallas Chinese Community Center is based here and hosts recreational activities, community services and annual events like its Lunar New Year Celebration and its Asian American Culture Festival. Other areas for dining and shopping include CityLine Market and Richardson Square, with popular restaurant chains and supermarkets, while many big-box retailers line South Plano Road.
In Richardson's Chinatown, Maru Ramen is a favorite place to lunch.
Head to Al Baghdady's Bakery for delectable Mediterranean sweets in Richardson.
Lunar New Year decor is still displayed in Richardson's Dallas Chinese Community center.
CityLine Boho Market and Live Music brings in many Richardson and Sherrill Park locals.
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Crime rates lower than the state and national averages
According to the Richardson Police Department, in December 2023, the violent crime rate was significantly lower than both the state and national averages. Over that same span, the property crime rate was also lower than the state and national rates. According to Climate Check, just 33% of buildings in Richardson are at risk of wildfires, and just 10% of buildings are at risk of flooding. The city’s location in north Texas also makes it prone to extreme heat during the summer.
On average, homes in Richardson, TX sell after 37 days on the market compared to the national average of 50 days. The median sale price for homes in Richardson, TX over the last 12 months is $455,000, down 2% from the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$475,000
Median Sale Price
$455,000
Median Single Family Sale Price
$484,900
Median Townhouse Sale Price
$366,950
Median 2 Bedroom Sale Price
$225,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
966
Median Home Sale Price YoY Change
-$2
Average Price Per Sq Ft
$240
Neighborhood Facts
Number of Homes for Sale
306
Months of Supply
3.80
Average Home Value
Source: Public Records
Top Schools in Richardson, TX
Source:
Best Public Elementary Schools
#1 Math Science Technology Magnet Elementary School
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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
