North Richland Hills, TX 76182 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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North Richland Hills, TX—76182

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$402,000

1.6% YoY Growth

Household Income

$120,000

35.6% YoY Growth

Days on Market

66

2.0% Shorter YoY

Home Price Forecast

0.2%

Median Rent

$2,100

1.8% YoY Growth

1-Bed Rent

$1,240

6.8% YoY Growth

2-Bed Rent

$1,590

1.8% YoY Growth

3-Bed Rent

$2,200

0.4% YoY Growth

Other Zip Codes in North Richland Hills, TX

Home Price Trends — North Richland Hills, TX

As of Dec '25, the median home price in North Richland Hills, TX is $402,000, with a year-over-year change of -1.6%. This indicates that home prices in North Richland Hills, TX are decreasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$402,000	-1.6%
Single Family	$402,000	-1.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — North Richland Hills, TX

As of July '25, Rentcast reports the average rent in North Richland Hills, TX is $2,230, with a year-over-year rent change of 1.8%. Per bedroom, the median rent as of July '25 in North Richland Hills, TX is 1-bedrooms: $1,240, 2-bedrooms: $1,600, 3-bedrooms: $2,320, 4-bedrooms: $3,130. The most common rental property sizes in North Richland Hills, TX are 3-bedroom and 2-bedroom, accounting for 47.1% and 26.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,100	$2,230
Studio Rent	N/A	N/A
1 Bed Rent	$1,240	$1,240
2 Bed Rent	$1,590	$1,600
3 Bed Rent	$2,200	$2,320
4 Bed Rent	$3,000	$3,130

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% of Rental Stock

Studio

0.4%

1 Bedroom

11.8%

2 Bedrooms

26.0%

3 Bedrooms

47.1%

4 Bedrooms

14.7%

Property Listings — North Richland Hills, TX

As of Dec '25, Realtor.com reports that the median days on market for a home in North Richland Hills, TX is 50. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 38.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$462,000	9.0%
Listing Count	109	17.0%
Listings as % of Homes	0.8%	17.0%
Days on Market	66	-2.0%

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Demographics — North Richland Hills, TX

As of the latest ACS Survey released in 2023, North Richland Hills, TX has a population of 30,800, which has remained stable by -0.8% over the past 5 years. North Richland Hills, TX is a moderately popular place for families, as children make up 23.6% of the population. The area has a moderately educated workforce, with 40.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	30,800	-0.8%
% Under 18	23.6%	-1.3%
% Seniors	16.5%	18.7%
% WFH	13.6%	151.9%
% w/ College Degree	40.1%	3.4%

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As of the latest ACS Survey released in 2023, North Richland Hills, TX is a predominantly white area, with 74.0% of the population identifying as white. The white population has shrunk by 2.6% in the last 5 years. The second most common race or ethnicity in North Richland Hills, TX is hispanic, making up 14.6% of the population. Foreign-born residents account for 7.6% of the population in North Richland Hills, TX, and this percentage has increased by 18.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	74.0%	-2.6%
% Black	3.6%	-14.3%
% Hispanic	14.6%	16.8%
% Asian	3.7%	-14.0%
% Foreign Born	7.6%	18.8%

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Mortgage and Risk — North Richland Hills, TX

According to HUD data as of 2023, there were 543 mortgage originations in North Richland Hills, TX, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in North Richland Hills, TX. Investor activity is low, as 3.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	543
% Conventional Loans	83.0%
% Government Loans	17.0%
% Investor Loans	3.0%
% Second Loans	1.0%
% Cash Out Refinance	13.0%

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Rentals and Section 8 — North Richland Hills, TX

As of 2024, the percent of homes in North Richland Hills, TX under the Section 8 program is 2.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In North Richland Hills, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD	37
Total Units Section 8	37
% Rentals under Section 8	2.0%
% Occupied Section 8	84.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$490	$1,240	$1,730
2 Bedroom	$430	$1,590	$2,020
3 Bedroom	$470	$2,200	$2,670
4 Bedroom	$260	$3,000	$3,260