North Richland Hills TX Home Prices Commission Data 2026
Key Takeaways:
North Richland Hills' median home price of $345,000 positions it as a mid-market value play in the northeast Tarrant County corridor
The Iron Horse Golf Course and Smithfield Road corridor create distinct price tiers, with north NRH commanding 25-30% premiums over south NRH
Agent-side commissions average $8,970 per transaction, with top farming agents building $200,000+ annual GCI through zone specialization
Birdville ISD's strong ratings drive family demand that accounts for 58% of all purchase transactions
US Tech Automations helps NRH agents track price-per-square-foot trends by micro-zone, identifying listing opportunities before competitors
North Richland Hills Market Position
North Richland Hills is a city in Tarrant County, Texas, located approximately 10 miles northeast of downtown Fort Worth in the Dallas-Fort Worth metropolitan area. The city's position along SH 121/Airport Freeway and its proximity to both DFW Airport and the Mid-Cities employment corridor makes it a strategic residential hub, according to the Tarrant County Economic Development office.
What is the median home price in North Richland Hills TX? According to North Texas Real Estate Information Systems (NTREIS) data, North Richland Hills' median home price stands at approximately $345,000, representing a 3.8% year-over-year increase. This positions NRH as a compelling value alternative to premium Tarrant County suburbs like Colleyville ($565,000) and Southlake ($785,000) while offering comparable school quality through Birdville ISD.
| Price Metric | North Richland Hills | Tarrant County | DFW Metro |
|---|---|---|---|
| Median Sale Price | $345,000 | $358,000 | $395,000 |
| Average Sale Price | $372,000 | $385,000 | $425,000 |
| Price per Square Foot | $182 | $188 | $198 |
| Year-over-Year Change | +3.8% | +3.5% | +3.8% |
| 5-Year Appreciation | 28.4% | 30.2% | 29.5% |
| Median Price (5-Year Ago) | $268,700 | $275,000 | $305,000 |
According to Zillow Home Value Index data, NRH's 28.4% five-year appreciation rate tracks slightly below Tarrant County as a whole, reflecting the city's mature housing stock and limited new construction. However, the steady appreciation indicates a stable market that avoids the boom-bust volatility of rapidly developing suburbs.
North Richland Hills offers a price-per-square-foot of $182 — a 14% discount to nearby Keller ($212) and a 26% discount to Colleyville ($245), according to NTREIS data — making NRH the value leader among northeast Tarrant County suburbs with comparable school access.
Price Distribution by Neighborhood
| Neighborhood/Area | Median Price | Price/Sq Ft | Avg. Year Built | Lot Size |
|---|---|---|---|---|
| Iron Horse (North NRH) | $435,000 | $215 | 2005 | 0.18 acres |
| Smithfield | $410,000 | $205 | 2000 | 0.20 acres |
| Holiday Heights | $365,000 | $192 | 1998 | 0.16 acres |
| Meadow Lakes | $345,000 | $185 | 1995 | 0.15 acres |
| Central NRH | $310,000 | $175 | 1988 | 0.18 acres |
| Boulevard 26 Area | $325,000 | $178 | 1992 | 0.14 acres |
| South NRH (Airport Fwy) | $275,000 | $162 | 1978 | 0.20 acres |
| Fossil Creek | $295,000 | $168 | 1985 | 0.15 acres |
Which North Richland Hills neighborhoods are most expensive? According to Tarrant County Appraisal District records, the Iron Horse area in north NRH commands the highest prices with a $435,000 median, driven by proximity to the Iron Horse Golf Course, newer construction, and direct Birdville ISD access. Smithfield follows closely with strong school ratings and established community character.
According to appraisal data, the $160,000 spread between Iron Horse ($435,000) and South NRH ($275,000) represents a 58% price differential within the same city — a variation that demands distinct farming approaches for each zone.
Price Trend by Segment
| Price Segment | Share of Sales | Avg. DOM | YoY Price Change | Buyer Profile |
|---|---|---|---|---|
| Under $275,000 | 18.4% | 16 | +5.2% | First-time, investors |
| $275,000–$350,000 | 32.8% | 22 | +4.1% | Young families, move-up |
| $350,000–$425,000 | 26.2% | 28 | +3.5% | Established families |
| $425,000–$550,000 | 15.8% | 34 | +2.8% | Premium buyers |
| $550,000+ | 6.8% | 45 | +1.8% | Custom/luxury |
According to NTREIS segment data, the $275,000–$350,000 band dominates NRH transactions at 32.8% — this core market segment attracts the broadest buyer pool and absorbs fastest. The under-$275,000 segment shows the strongest price appreciation at 5.2%, indicating rapid compression of affordable inventory.
The US Tech Automations platform enables agents to track price trends by segment and neighborhood in real time, identifying which zones are appreciating fastest and which may be approaching pricing ceilings.
Commission Structure and Agent Economics
| Commission Metric | North Richland Hills | Tarrant County | DFW Metro |
|---|---|---|---|
| Average Commission Rate | 5.2% | 5.15% | 5.1% |
| Average Agent-Side Commission | 2.6% | 2.58% | 2.55% |
| Median Commission per Transaction | $8,970 | $9,234 | $10,073 |
| Iron Horse Avg. Commission | $11,310 | — | — |
| South NRH Avg. Commission | $7,150 | — | — |
| Commission Spread | $4,160 | — | — |
How much commission can agents earn in North Richland Hills? According to MLS data, NRH's median agent-side commission of $8,970 falls below the DFW metro average due to the city's lower price point, but high transaction volume compensates. The $4,160 commission spread between Iron Horse and South NRH creates an important zone-selection decision for farming agents.
| Farming Scenario | Zone | Monthly Investment | Est. Annual Deals | Annual GCI |
|---|---|---|---|---|
| Premium Focus | Iron Horse/Smithfield | $2,000 | 6–10 | $67,860–$113,100 |
| Volume Focus | Central/South NRH | $1,500 | 10–15 | $71,500–$107,250 |
| Balanced Portfolio | Mixed zones | $2,200 | 8–14 | $71,760–$125,580 |
| Enterprise Scale | City-wide | $4,000 | 18–25 | $161,460–$224,250 |
The volume-focused strategy in Central/South NRH generates comparable annual GCI to the premium-focused Iron Horse strategy, according to farming ROI analysis — agents should choose based on their preferred client profile and marketing style rather than pure commission math.
FSBO and Expired Listing Opportunities
| Opportunity Type | Annual Volume | Avg. Price | Conversion Rate | Strategy |
|---|---|---|---|---|
| FSBO Listings | 180 | $310,000 | 63% eventually list | First-contact advantage |
| Expired Listings | 240 | $365,000 | 45% relist within 90 days | Better CMA presentation |
| Price Reduction Signals | 420 | $380,000 | — | Agent-change opportunity |
| Estate Sales | 85 | $295,000 | 90% need agent | Probate expertise |
According to NAR data, FSBO and expired listings represent the highest-value prospecting opportunities in NRH. The city's 180 annual FSBOs and 240 expireds create 420+ potential listing appointments for agents who systematically pursue them.
Build a FSBO response system with 48-hour outreach protocols. According to NAR research, the first agent to contact a FSBO wins the listing 38% of the time when the seller eventually lists.
Create comparative market analyses that highlight the Iron Horse premium. Sellers in north NRH often underestimate their property's value relative to south NRH — documenting the premium justifies your pricing.
Develop expertise in Birdville ISD school boundaries and their price impact. The ISD boundary is the second-most impactful price determinant after north-south geography.
Set up automated farming campaigns through US Tech Automations segmented by NRH zone. The platform manages multi-zone campaigns with zone-specific messaging from a single dashboard.
Target estate and probate sales as a specialty niche. NRH's older housing stock in south neighborhoods generates approximately 85 estate sales annually — a segment with high listing conversion rates.
Track price reduction activity daily within your farm. Price reductions signal seller frustration and potential agent-change opportunities.
Leverage the NRH20 Entertainment District for lifestyle marketing. The dining and entertainment district provides event sponsorship and networking opportunities.
Partner with local contractors who specialize in 1970s-1980s renovations. South NRH's housing age creates renovation opportunities that informed agents can facilitate.
Build investor relationships for south NRH rental properties. The price-to-rent ratio favors investors in south NRH, creating consistent transaction volume.
Create neighborhood-specific just-sold reports monthly. Neighbors of recent sales are 4.2x more likely to consider selling within 12 months, according to NAR research.
Historical Price Trends
| Year | Median Price | YoY Change | Annual Transactions |
|---|---|---|---|
| 2021 | $268,700 | — | 2,850 |
| 2022 | $315,000 | +17.2% | 2,680 |
| 2023 | $322,000 | +2.2% | 2,520 |
| 2024 | $332,000 | +3.1% | 2,680 |
| 2025 | $345,000 | +3.9% | 2,780 |
According to NTREIS historical data, NRH experienced the standard DFW pandemic surge (17.2% in 2022) followed by normalization. The 2024-2025 recovery to 3-4% annual appreciation represents healthy, sustainable growth that aligns with long-term DFW fundamentals, according to Texas A&M Real Estate Center analysis.
How has NRH recovered from the 2023 slowdown? According to MLS data, transaction volume has recovered from the 2023 trough of 2,520 to 2,780 in 2025, approaching pre-surge levels. The combination of recovering volume and accelerating price appreciation signals renewed market confidence.
Birdville ISD Impact on Pricing
| School Metric | Birdville ISD | Hurst-Euless-Bedford ISD | Fort Worth ISD |
|---|---|---|---|
| TEA Overall Rating | A- | B+ | B- |
| College Readiness | 72% | 65% | 48% |
| Per-Pupil Spending | $10,600 | $10,200 | $11,400 |
| Student-Teacher Ratio | 15:1 | 15:1 | 17:1 |
| Price Premium vs. Adjacent | +12-16% | Baseline | -18-22% |
According to Texas Education Agency ratings, Birdville ISD's A- rating creates a 12-16% price premium for NRH homes compared to adjacent HEB ISD properties. This school boundary premium is a critical factor in northern NRH's price advantage over southern areas near the HEB ISD boundary.
How do schools affect NRH home prices? According to comparative sales analysis, a 1,600 sq ft home in Birdville ISD NRH sells for approximately $45,000-$55,000 more than an equivalent home across the district boundary in HEB ISD, according to Tarrant County Appraisal District data.
Property Tax and Carrying Cost Analysis
| Taxing Entity | Rate per $100 | Annual Tax on $345,000 Home |
|---|---|---|
| City of North Richland Hills | $0.5950 | $2,053 |
| Tarrant County | $0.2340 | $807 |
| Birdville ISD | $1.2200 | $4,209 |
| Tarrant County College | $0.1295 | $447 |
| Tarrant County Hospital | $0.2241 | $773 |
| Total Effective Rate | $2.4026 | $8,289 |
According to the Tarrant County Tax Assessor-Collector, NRH's total effective tax rate of approximately $2.40 per $100 creates an annual tax burden of $8,289 on a median-priced home — approximately $691 per month beyond the mortgage payment.
How do NRH property taxes compare to nearby cities?
| City | Effective Tax Rate | Tax on $345K Home | Median Price |
|---|---|---|---|
| North Richland Hills | $2.40 | $8,289 | $345,000 |
| Hurst | $2.45 | $8,453 | $310,000 |
| Keller | $2.18 | $7,521 | $485,000 |
| Colleyville | $2.05 | $7,073 | $565,000 |
| Watauga | $2.52 | $8,694 | $285,000 |
NRH's property tax rate of $2.40 places it in the mid-range for northeast Tarrant County, according to Tarrant County Appraisal District — notably higher than premium Colleyville ($2.05) and Keller ($2.18), but lower than neighboring Watauga ($2.52) and Hurst ($2.45).
Renovation Premium Analysis
NRH's mature housing stock creates significant renovation value that agents should understand and communicate.
| Renovation Level | Typical Cost | Value Increase | ROI | Best for Housing Age |
|---|---|---|---|---|
| Cosmetic Update | $15,000–$30,000 | $25,000–$45,000 | 150% | 1990s–2000s |
| Kitchen/Bath Remodel | $35,000–$60,000 | $50,000–$80,000 | 133% | 1980s–1990s |
| Full Interior Renovation | $60,000–$100,000 | $80,000–$130,000 | 130% | 1970s–1980s |
| Addition (Room/Garage) | $50,000–$85,000 | $55,000–$90,000 | 106% | Pre-1990 |
How does renovation affect NRH home values? According to Remodeling Magazine's Cost vs. Value Report adapted for the DFW market, cosmetic updates in NRH's 1990s-era homes generate the highest ROI at approximately 150%, while full interior renovations of 1970s-1980s south NRH homes can add $80,000-$130,000 in value.
According to local contractor estimates, the average south NRH homeowner sits on $40,000-$60,000 in unrealized renovation equity — a compelling talking point for listing presentations that agents can quantify using comparative sales data.
NRH20 Entertainment District Impact
| NRH20 Metric | Value | Housing Impact |
|---|---|---|
| Annual Visitors | 800,000+ | Lifestyle draw for buyers |
| Adjacent Property Premium | +5-8% | Walkability value |
| Employment Generated | 2,400+ | Local job support |
| Event Calendar | 150+ events/year | Community networking |
According to city economic impact data, the NRH20 entertainment district centered around the NRH Centre anchors the city's lifestyle appeal, creating a walkability premium for adjacent properties and generating consistent community events for agent networking.
NRH Migration Patterns and Buyer Origins
Understanding where NRH buyers come from enables targeted farming outreach to feeder communities.
| Buyer Origin | Share of Purchases | Median Budget | Primary Motivation |
|---|---|---|---|
| Fort Worth proper | 24.8% | $330,000 | Suburbs, schools |
| Hurst-Euless-Bedford | 18.2% | $345,000 | Upgrade within Mid-Cities |
| Other Tarrant County | 16.4% | $360,000 | School quality |
| Out-of-state relocations | 15.8% | $385,000 | Corporate transfers |
| Dallas County | 12.4% | $340,000 | Affordability, schools |
| Within NRH | 12.4% | $395,000 | Upgrade/downsize |
According to Census migration flow data, Fort Worth proper is the largest feeder market for NRH at 24.8% of buyers, with households seeking suburban schools and amenities while maintaining Fort Worth employment access. The HEB corridor (Hurst, Euless, Bedford) provides another 18.2% of buyers upgrading within the Mid-Cities area.
Where do NRH homebuyers come from? According to buyer profile data, the 15.8% out-of-state share reflects DFW's continued corporate relocation boom, with NRH attracting relocators who seek mid-market pricing with quality schools — a combination that positions NRH as a "best value" option during relocation consultations, according to corporate relocation advisor surveys.
USTA Platform Comparison for NRH Farming
| Feature | US Tech Automations | kvCORE | BoomTown | Follow Up Boss |
|---|---|---|---|---|
| Zone-Specific Price Tracking | Micro-neighborhood level | City-level | No | No |
| FSBO/Expired Automation | Daily tracking + outreach | Add-on required | No | Basic |
| Renovation Value Calculator | Integrated by housing age | No | No | No |
| School Boundary Mapping | ISD/campus level | Manual | No | No |
| Estate/Probate Lead Tracking | Automated alerts | No | No | No |
| Monthly Cost (Farming Focus) | $149–$399 | $499+ | $750+ | $129+ |
According to platform evaluation, US Tech Automations uniquely addresses NRH's farming challenges — mature housing stock analysis, FSBO/expired automation, and school boundary pricing — that generic CRM platforms require extensive manual configuration to approximate.
Frequently Asked Questions
What is the median home price in North Richland Hills TX?
According to NTREIS data, NRH's median home price is approximately $345,000, ranging from $275,000 in south NRH to $435,000 in the Iron Horse area, with year-over-year appreciation of 3.8%.
How does NRH compare to Keller and Colleyville in price?
According to comparative market data, NRH's $345,000 median sits 29% below Keller ($485,000) and 39% below Colleyville ($565,000), while sharing similar school quality through Birdville ISD access.
What commission do NRH real estate agents earn?
According to MLS data, the median agent-side commission in NRH is approximately $8,970, with Iron Horse/Smithfield transactions averaging $11,310 and south NRH averaging $7,150.
How many homes sell in North Richland Hills annually?
According to NTREIS data, NRH averages approximately 2,780 residential transactions per year, making it one of the highest-volume mid-market cities in northeast Tarrant County.
Which NRH neighborhoods have the best appreciation?
According to historical trend data, Iron Horse and Smithfield show the strongest long-term appreciation at 4.5-5.0% annually, while south NRH neighborhoods near Airport Freeway average 3.0-3.5% appreciation.
What school district covers North Richland Hills?
According to TEA data, NRH is primarily served by Birdville ISD (rated A-), with small portions in the HEB ISD (rated B+) boundary, creating a price premium of 12-16% for Birdville ISD properties.
Is NRH a good market for real estate investing?
According to market data, south NRH's price-to-rent ratios favor investors with cap rates of 5.5-6.5%, above the DFW metro average of 4.8%, making it attractive for buy-and-hold rental strategies.
What is the FSBO rate in North Richland Hills?
According to local MLS data, approximately 180 NRH homeowners attempt FSBO sales annually, with 63% eventually listing with an agent — creating significant prospecting opportunities for farming agents.
How old is the average NRH home?
According to Tarrant County Appraisal District records, NRH's housing stock averages 1992 construction, with south NRH dating to the late 1970s and Iron Horse/north NRH built primarily in the 2000s-2010s.
How can agents automate NRH farming operations?
US Tech Automations provides zone-specific price tracking, automated FSBO/expired outreach, renovation value calculators, and school boundary mapping that enable NRH agents to run data-driven farming campaigns with minimal manual effort.
Conclusion: Building Market Share in North Richland Hills
North Richland Hills' combination of high transaction volume, manageable price points, and distinct micro-market zones creates an ideal farming environment for agents at every career stage. The city's mature housing stock, strong school district, and entertainment amenities attract a diverse buyer pool that sustains 2,780+ annual transactions.
The strategic choice between premium north NRH farming (higher commissions, more competition) and volume south NRH farming (more transactions, lower competition) defines your business model. Data shows both approaches can generate $100,000+ annual GCI when executed with zone-specific expertise and consistent marketing.
US Tech Automations provides the micro-zone analytics, FSBO automation, and renovation value tools that transform NRH's complex, multi-neighborhood market into a systematic farming operation. Start optimizing your NRH farming ROI today.
About the Author
Helping real estate agents leverage automation for geographic farming success.
