Richland Hills Home Values
Texas
Richland Hills Market Snapshot
| Median Sale Price $314,925 ▲ 1.7% YoY | Price per Sq Ft $191 median $/sqft | Days on Market 41 list to contract | Sale-to-List 97.1% of original asking |
| Active 32 listings | New 0 30 days | Closed 0 30 days | Pending 0 30 days | Supply 4.8 months | Absorption 40.6% monthly | Over List 4.8% sold above | Under List 45.2% sold below | Concessions 64.3% % of solds | Avg Concession $10,414 seller paid |
Source: NTREIS MLS • Excludes leases • Apr 2026
Richland Hills Market Trends
Mid-Century Bones Meet Modern Renovation Money
Richland Hills is defined by its 1950s-era brick ranch homes, most originally built as modest two- and three-bedroom houses now being gut-renovated with open-concept layouts, quartz and granite countertops, luxury vinyl plank flooring, and updated electrical and plumbing systems. Oversized lots on quiet corner parcels are common, and many renovated listings advertise entirely new roofs, HVAC, and windows. A pocket of D.R. Horton new construction in Baker Landing and Richland Crossing introduces two-story modern farmhouse plans on tighter lots. Investor-focused flip activity is prominent, with multiple properties marketed as-is for rehab or portfolio acquisition.
Richland Hills is holding in balanced-to-seller territory with roughly three months of supply and homes moving in just over a month. Appreciation has been essentially flat year over year, but the steady transaction pace signals consistent demand rather than stagnation. Seller concessions on nearly two-thirds of closed deals reveal that buyers are successfully negotiating despite limited inventory. The wide pricing spread between unrenovated originals and fully updated homes means the market is effectively sorting into two tiers, with renovated properties commanding premiums that unrenovated listings simply cannot access.
Your biggest competitive advantage in Richland Hills is a completed, permitted renovation with documentation. Buyers here are comparing your 1950s home against gut-rehabs with new systems, so deferred maintenance will cost you disproportionately. If your home is already updated, emphasize lot size and Birdville ISD enrollment over interior finishes — that's what separates you from the tighter-lot new builds in Baker Landing.
Zip Codes in Richland Hills
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Market data last updated Apr 2, 2026, 12:22 PM CDT
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