Why Live in Yale
Yale, a neighborhood in Richardson, TX, is located just northeast of downtown Dallas, making it a prime spot for commuters. The area is known for its excellent schools, with students attending the highly rated Richardson Independent School District, including Yale Elementary, Apollo Junior High, and Berkner High School. The neighborhood features a mix of ranch-style homes, midcentury bungalows, brick New Traditionals, and contemporary homes, many with rear-entry garages and in-ground pools. Yale Park, situated in the heart of the community, offers walking paths, sports courts, and a playground, while Owens Trail connects residents to Duck Creek Trail and other multi-use trails in Richardson. Sherrill Park Golf Course is a short drive away. The neighborhood's proximity to major highways like President George Bush Turnpike and Highway 75 puts residents less than 20 miles from downtown Dallas and close to Richardson's shopping, dining, and entertainment options. Notable points of interest include the Eisemann Center for Performing Arts and popular restaurants like Fish Shack on Campbell Road. The nearest hospital, Methodist Regional Medical Center, is also close by.
Frequently Asked Questions
Is Yale a good place to live?
Yale is a good place to live. Yale is considered car-dependent and bikeable with some transit options. Yale has 6 parks for recreational activities. It is somewhat dense in population with 7.0 people per acre and a median age of 42. The average household income is $115,699 which is above the national average. College graduates make up 46.4% of residents. A majority of residents in Yale are home owners, with 23.1% of residents renting and 76.9% of residents owning their home. A
local real estate agent serving Yale can help you decide if this neighborhood is the right one for you. Learn more on our
Yale neighborhood guide.
Is Yale, TX a safe neighborhood?
Yale, TX is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Yale?
The median home price in Yale is $418,450. If you put a 20% down payment of $83,700 and had a 30-year fixed mortgage with an interest rate of 6.21%, your estimated principal and interest payment would be $2,050 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $88K a year to afford the median home price in Yale. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Yale is $116K.
What are the best public schools in Yale?
The best public schools that serve Yale are:
What are the best private schools in Yale?
The best private schools that serve Yale are:
What are the most popular zip codes in Yale, Richardson, TX?
What are the most popular neighborhoods near Yale, Richardson, TX?
Are home prices dropping in Yale?
Yes, home prices in Yale are down 2% in the last 12 months.
Home Trends in Yale, TX
On average, homes in Yale, Richardson sell after 37 days on the market compared to the national average of 53 days. The median sale price for homes in Yale, Richardson over the last 12 months is $407,500, down 4% from the median home sale price over the previous 12 months.
Median Sale Price
$407,500
Median Single Family Sale Price
$410,000
Median Townhouse Sale Price
$315,000
Average Price Per Sq Ft
$203
Number of Homes for Sale
16
Last 12 months Home Sales
46
Median List Price
$418,450
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-4%