North Richland Hills, TX—76182
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in North Richland Hills, TX
Home Price Trends — North Richland Hills, TX
As of Nov '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 | N/A | N/A |
2 Bed | $241,000 | -3.2% |
3 Bed | $342,000 | -1.7% |
4 Bed | $544,000 | -0.7% |
| 5 Bed | $624,135 | -0.7% |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — North Richland Hills, TX
As of Nov '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 | $445,000 | 11.0% |
Listing Count | 128 | 14.0% |
| Listings as % of Homes | 0.8% | 14.0% |
Days on Market | 50 | -1.0% |
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% |
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% |
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% |
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 |
Affordability — North Richland Hills, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $402,000 |
| Median Household Income | $120,000 |