Richardson, TX

Population: 104,475
Average annual home appreciation rate: 8.98%
Total of homes for sale in this market: 195
Median home price: $220,815
Median Rent: $1,263 per room
Home price range: 50.47% of homes are between $118,001 – $236,000
Median sales price: NO DATA
Number of homes: 43
Median foreclosure sales price: $133,000
Foreclosure discount: NO DATA
Most common home type: 63.83% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 5.13%
Number of renters: 40.33%
Number of owner occupied: 59.67%
Number people living below poverty level: 11.79%
Unemployment rate: 3.70%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Richardson area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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