North Richland Hills, TX76182

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$406,000
1.9% YoY Growth
Median Household Income
$120,000
35.6% 5-Year Growth
Days on Market
46
17.0% Longer than last year
Home Price Forecast
-0.1%
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

Property Listings — North Richland Hills, TX

As of Oct '25, Realtor.com reports that the median days on market for a home in North Richland Hills, TX is 46. This is a increase of 17.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 42.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$488,00012.0%
Listing Count
13418.0%
Listings as % of Homes0.8%18.0%
Days on Market
4617.0%
Loading chart...

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.

MetricLatest CensusYoY % 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%
Loading chart...

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

MetricLatest Census5-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%
Loading chart...

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

MetricZip 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%

Loan Activity

Loading chart...
Loading chart...

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 SizeHUD PremiumMarket RentMax 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

Affordability — North Richland Hills, TX

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.4
Median Home Price$406,000
Median Household Income$120,000

North Richland Hills, TX — ZIP Code Boundary Map

Loading map...

Frequently Asked Questions