Home valuations increased in Richardson during April

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The median assessed value of a home sold in April in Richardson rose by $4,810 while total valuation decreased by 22.5 percent, according to BlockShopper.com.

In April, there were 100 homes sold, with a median home valuation of $238,440 - a 2.1 percent increase over the $233,630 median valuation for the same period of the previous year. There were 129 homes sold in Richardson in April 2021.

The following table compares Richardson to other Dallas County cities with similar median home valuations in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median ValuationApril 2021 Median Valuation% change (Median Valuation)
University Park2224-8.3$1,204,095$1,398,115-13.9
Highland Park916-43.8$996,250$1,482,065-32.8
Coppell3742-11.9$413,820$409,1301.1
Sunnyvale15-80$333,770$316,4905.5
Addison616-62.5$328,220$344,340-4.7
Richardson100129-22.5$238,440$233,6302.1
Sachse281947.4$236,835$219,0608.1
Rowlett5768-16.2$225,090$221,2301.7
Carrollton4554-16.7$215,780$183,96017.3
Cedar Hill574235.7$188,050$171,9209.4
Farmers Branch31310$186,700$221,000-15.5

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