New Construction Homes in Richardson, TX: 2025 Market Data, Pricing Trends

New construction in Richardson is shifting toward smaller infill communities, luxury custom builds, and higher price points compared to the overall resale market. However, buyers are gaining more leverage as inventory and days on market rise. This creates an opportunity window for both move‑up buyers and investors watching the north Dallas suburbs.

Market snapshot: Richardson new builds

The overall median sale price in Richardson is approximately $425,000 as of late 2025, down roughly 5–6% year-over-year, with homes taking around 56 days to sell.
Across all property types, recent sales indicate a median price of around $450,000–$455,000 and a median price per square foot in the low $230s, with days on market increasing to roughly a month or more.
In contrast, new construction listings are skewing higher, with multiple new builds marketing in the $800,000–$2,300,000 range inside Richardson city limits and close‑in Plano ISD pockets.

New construction inventory & pricing

A recent snapshot reveals approximately 13–17 new construction homes actively listed in Richardson, a relatively small but significant portion of the overall inventory.
New builds in established neighborhoods, such as Greenwood Square, and custom infill projects around Canyon Creek and Cottonwood Heights commonly list between the high $600s and low $ 2 million+, reflecting premium locations and upgraded finishes.
For the broader Richardson market, list and sale prices cluster around the mid‑$400Ks, highlighting the price gap between resale and brand‑new construction options.

Richardson vs. the new construction segment

Metric	Overall Richardson market	New construction segment
Recent median sale price	≈ $425,000–$455,000.	Often $800,000–$2.3M+ on active listings.
Median price per square foot	About $227–$233/sq ft.	Frequently higher, reflecting luxury finishes and smaller communities.
Days on market (recent period)	Around 30–56 days to go under contract.	Varies by neighborhood; higher price point can mean longer marketing times.
Year‑over‑year price trend	Down roughly 1–6% depending on data source.	More resistant to price cuts but seeing selective reductions in upper ranges.

Where new construction is happening

Builders are focusing on limited-homesite communities, such as Greenwood Square (approximately 31 homesites planned), which blends modern floor plans with low-maintenance lots close to central Richardson employers.
Custom builders are also active on individual lots near UTD, Canyon Creek Country Club, and other mature neighborhoods, delivering larger homes with 4–5 bedrooms, 3-car garages, and outdoor living upgrades.
Richardson remains tied into the broader Dallas–Fort Worth new construction boom, with the metro ranking near the top nationally for new home building activity, which supports a steady pipeline of projects.

Ghazala Shaheen

Ghazala is a dedicated real estate professional serving Plano, Richardson, and the greater DFW area. She guides families through the buying and selling process with patience, transparency, and genuine care.

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