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Thursday, October 3, 2024

Median home valuations in Richardson rose to $247,070 in the second quarter of 2020

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The median assessed value of a home sold in the second quarter of 2020 in Richardson rose by $8,270 while total valuation decreased by 25.2%, according to BlockShopper.com.

From April through June of 2020, there were 348 homes sold, with a median home valuation of $247,070 - a 3.5% increase over the $238,800 median valuation for the same period of the previous year. There were 465 homes sold in Richardson in the second quarter of 2019.

The following table compares Richardson to other Dallas County cities with similar median home valuations in the second quarter of 2020:

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median ValuationApr. - June 2019 Median Valuation% change (Median Valuation)
Highland Park5896-39.6%$1,303,310$1,616,390-19.4%
University Park90174-48.3%$1,205,160$1,232,060-2.2%
Sunnyvale2728-3.6%$407,030$338,61020.2%
Coppell160231-30.7%$350,930$366,450-4.2%
Addison3452-34.6%$319,180$337,345-5.4%
Richardson348465-25.2%$247,070$238,8003.5%
Sachse6488-27.3%$234,870$238,320-1.4%
Lewisville660%$221,625$267,360-17.1%
Rowlett232363-36.1%$219,215$217,5800.8%
Carrollton163199-18.1%$219,210$211,7803.5%
Farmers Branch124166-25.3%$206,415$191,1958%

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