Buyer neighborhood intelligence · North Richland Hills

Know HomeTown
before you offer.

A practical look at current competition, recent sales and the one-year baseline across North Richland Hills Town Center and the Hometown Canal District.

UpdatedAugust 21, 2026
Timeframe
Property type
Closed sales11Recent market
Median sale price$440,000Range $365K–$705K
Median price / sq. ft.$218.93Useful across different sizes
Median market time26 daysClosed listings
Average sale / list99.6%Original asking price
01 / The signal

The headline price changed.
The underlying value barely did.

Price per square foot$219.07Past year$218.93Past 90 days

The overall median sale price moved from $505,000 over the past year to $440,000 recently. That does not automatically mean values fell.

The recent sales mix contained proportionally more townhomes. When property types are separated, single-family price per square foot remains strong and townhome pricing is remarkably steady.

02 / Two market lanes

Same neighborhood.
Different buyer math.

Single-family homes

$629,85090-day median sale
  • $247.86 median per sq. ft.
  • 26-day median market time
  • 99.7% average sale-to-list

Townhomes

$411,20090-day median sale
  • $207.87 median per sq. ft.
  • 21-day median market time
  • 99.4% average sale-to-list
03 / What it means

Buyers have choices.
Not unlimited leverage.

Price reductions are common

More than half of the 90-day records show a current price below the original list price. Sellers are adjusting when the market pushes back.

Closed prices remain firm

Recent sales averaged 99.6% of original list price. The better opportunity is often finding an overpriced or stale listing—not automatically discounting every home.

Market time needs context

The median closed sale took 26 days, but individual results ranged from immediate contracts to more than 200 days. Condition and initial pricing still run the show.

Concessions are possible, not guaranteed

Only four of the eleven recent closed sales reported seller-paid costs, and the amounts were generally modest. Structure the offer around the specific property.

04 / Property explorer

See the homes behind
the numbers.

PropertyStatus / typeSizeBed / bathDOMPrice
8854 Ice House DriveActiveTownhome2,030 sq. ft.2 / 321$418,000
6132 Mayfair MewsActiveSingle family2,056 sq. ft.3 / 32$515,000
8801 Grand AvenueActiveSingle family1,792 sq. ft.3 / 322$530,000
6017 Avalon StreetActiveSingle family3,221 sq. ft.3 / 3178$535,000
8724 Ice House DriveOptionTownhome2,080 sq. ft.3 / 314$430,000
8232 Bridge StreetPendingTownhome1,959 sq. ft.2 / 341$410,000
6016 Frost StreetPendingSingle family1,702 sq. ft.3 / 251$475,000
6028 Morningside DrivePendingSingle family2,624 sq. ft.4 / 34$585,000
05 / Offer lens

Averages don’t write offers.
Specific homes do.

Use this guide to understand the neighborhood, then compare the exact property’s size, style, condition, location and market time against the closest sales. A listing that is fresh and well-positioned calls for a different strategy than one that has already tested the market for months.