March 2025 Market Insights: Lewisville vs. North Richland Hills

Spring has arrived—and so has a more strategic housing market across DFW. While both Lewisville and North Richland Hills remain attractive, inventory is climbing, buyers are becoming more price-conscious, and appraisal gaps are starting to emerge. Whether you're relocating or making a local move, now is the time to understand the subtle shifts happening in each of these high-demand suburbs.

Lewisville: Strong Demand, But Pricing Recalibrates

Market Overview

• Months of Inventory: 3.99
  MoM Change: +9%
  YoY Change: +56.5%

• Median Sold Price: $385,250
  MoM Change: ↓ -8.2%

• Median Days on Market: 37
  MoM Change: ↓ -30.2%

Inventory is up sharply year-over-year, yet homes are selling faster and pricing remains dynamic. In March, sale prices corrected slightly, and homes moved nearly a third faster than they did in February. This tells us buyers are active but focused—willing to act quickly, but not at any price.

For relocators, Lewisville provides excellent connectivity via I-35E and SH-121, along with access to schools, shopping, and job hubs like Legacy West and Grandscape—all at more affordable entry points than nearby suburbs like Plano or Frisco.

Lewisville Price Per Square Foot

• Sold Listings: $209/sqft (↓ -5.9% MoM)

• Pending Listings: $219/sqft (↑ +3.3% MoM)

• Active Listings: $224/sqft (↑ +0.9% MoM)

Despite the drop in sold $/sqft, pending and active prices show confidence from both buyers and sellers. Homes that are move-in ready, updated, and priced close to market are still commanding top dollar—but buyer resistance is showing on anything priced too far above comps.

North Richland Hills: Balanced, with Buyer Leverage Growing

Market Overview

• Months of Inventory: 3.72
  MoM Change: +17%
  YoY Change: +57%

• Median Sold Price: $410,000
  MoM Change: ↑ +2.8%

• Median Days on Market: 49
  MoM Change: ↓ -3.9%

North Richland Hills is a market transitioning toward balance. While inventory is rising fast, homes are still selling a bit quicker than last month, and prices are climbing modestly. Buyers have more options—and they’re taking advantage of that by negotiating more and moving with purpose.

With easy access to Fort Worth, DFW Airport, and the Grapevine corridor, NRH continues to be a favorite for buyers relocating from inner-city congestion or seeking upgraded homes in well-established neighborhoods.

North Richland Hills Price Per Square Foot

• Sold Listings: $195/sqft (↑ +2.1% MoM)

• Pending Listings: $195/sqft (flat)

• Active Listings: $205/sqft (↑ +2.5% MoM)

The flat pending price per foot shows buyers are reaching their comfort ceiling. Sellers are still pushing list prices, but closing figures are holding steady—indicating firm buyer expectations and cautious valuation discipline.

Lewisville vs. North Richland Hills – Quick Snapshot

In Lewisville, the median sold price was $385,250, with homes selling in just 37 days—a clear sign of strong buyer demand. Active listings are averaging $224 per square foot, reflecting a market that’s fast-moving and price-aware. This city is especially appealing to first-time buyers and relocators, thanks to its affordability and easy access to I-35E and SH-121, putting it within quick reach of North Dallas job centers and DFW Airport.

Over in North Richland Hills, the median sold price was slightly higher at $410,000, but homes took longer to sell, averaging 49 days on the market. Active listings are priced at around $205 per square foot, showing more room for negotiation. The market here is more balanced, with buyers approaching purchases more cautiously. It’s an attractive option for move-up buyers and out-of-town relocators, offering strong schools, established neighborhoods, and convenient commuting via I-820 and SH-26 into Fort Worth or Grapevine.

Strategic Advice

For Sellers:
Both cities remain favorable to sellers—but you must price correctly and prepare thoroughly. Overpricing will result in extended DOM and lower $/sqft outcomes. Homes that hit the market updated and realistically priced are still attracting strong, fast offers.

For Buyers:
You have more leverage than you’ve had in over a year. Both markets are giving you more inventory and slightly more time to act. Focus on listings with price reductions or those sitting longer than 21 days. In Lewisville, negotiate on homes priced over $225/sqft. In NRH, $200/sqft is your ceiling unless the home is turnkey.

For Relocators:
Lewisville offers more aggressive appreciation potential and younger energy. NRH is better suited for long-term stays, upgraded neighborhoods, and suburban stability. Both offer strong access to major job centers, excellent schools, and a family-friendly lifestyle.

Final Thoughts

The DFW market is shifting—but not slowing. In both Lewisville and North Richland Hills, the data shows a rebalancing of expectations. Sellers still hold some control, but buyers are back in the game—and moving smart. If you're looking to make a move, now's the time to act before summer crowds tighten the market.

Let’s build a plan tailored to your situation and the real-time numbers.

Gustavo Ramos
Realtor – Keller Williams Dallas Metro North
📞 (817) 876-3390
📧 gustavoramos@kw.com
🌐 gustavoramos.kw.com