| Context | Value |
|---|
| Location | Richardson, TX |
| County | Collin County |
| National rank | #3,768 of 14,967 |
| State rank | #287 of 1,241 |
| City rank | #28 of 48 |
| County rank | #15 of 41 |
| National percentile | 74.9 |
| National band | MIDDLE_50_PERCENT |
Housing and local fundamentals
| Housing and market metrics | Value |
|---|
| Current Zillow home value | $634,610 |
| Year-over-year home value change | -3.9% |
| Month-over-month home value change | -0.05% |
| Home value to income ratio | 4.17 |
| Median household income | $152,076 |
| Bachelor's degree or higher | 74.8% |
| Civilian unemployment rate | 7.0% |
| Homeownership rate | 90.0% |
| Housing vacancy rate | 0.2% |
| Rent burden 30% or higher | 46.3% |
How to read this profile
- Ranks are always shown with denominators.
- Momentum reflects both year-over-year and month-over-month housing change.
- Stability and Strength and Value Opportunity are governed composite scores.
- Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers
Questions About Living in Fairways of Sherril Park
What is the Best Neighborhoods USA ranking for Fairways of Sherril Park?
Fairways of Sherril Park is ranked #28 of 48 eligible neighborhoods in Richardson; #287 of 1,241 eligible neighborhoods in TX; and #3,768 of 14,967 eligible neighborhoods in the United States.
Is Fairways of Sherril Park one of the best neighborhoods in Richardson?
Fairways of Sherril Park has a Best Neighborhoods USA Index of 60.8 and a city ranking of #28 of 48 eligible neighborhoods in Richardson.
How much are homes worth in Fairways of Sherril Park?
The current Zillow Home Value Index for Fairways of Sherril Park is approximately $634,610.
Are home values rising or falling in Fairways of Sherril Park?
Zillow neighborhood values changed -3.9% year over year and -0.05% month over month.
What is the Neighborhood Momentum Score for Fairways of Sherril Park?
Fairways of Sherril Park has a Neighborhood Momentum Score of 19.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Fairways of Sherril Park?
The NDS-derived neighborhood median household income is approximately $152,076.
How affordable is Fairways of Sherril Park relative to household income?
The current Zillow home-value-to-household-income ratio is 4.17. Price-to-income affordability is a major Value Opportunity input.
Is Fairways of Sherril Park primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 90.0%.
What is the unemployment rate in Fairways of Sherril Park?
The NDS-derived civilian unemployment rate is approximately 7.0%.
How educated are residents of Fairways of Sherril Park?
Approximately 74.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Fairways of Sherril Park face high rent burden?
Approximately 46.3% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
How does Best Neighborhoods USA score Fairways of Sherril Park?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
Governed ranking context
How this neighborhood ranks
HMDA Mortgage Intelligence
Neighborhood Mortgage Market
FULL_OR_NEAR_FULL
Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry.
These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.
Activity year2024
Estimated applications9
Estimated originations5
Home-purchase applications4
Origination rate49.1%
Home-purchase share43.7%
Average application loan$380,246
Total application loan amount$3,586,634
National application rank#12,652 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 62.1% YoY; originations 74.4% YoY
Mortgage methodology
HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography.
This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation.
Rankings require governed geometry coverage. Applicant demographics are excluded.
Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.
Texas Current Housing Market
Current housing market in Fairways of Sherril Park
A current-market snapshot based on active sale listings observed in the certified National Data System Texas housing refresh.
3
Active listings observed
$624,900
Median asking price
$216.54
Median asking price / sq. ft.
54.0
Median days on market
3,071 sq. ft.
Median home size
Observed asking-price range: $569,900 to $665,000
Newest listing observed: 2026-08-17 19:00:00-05:00
How this current-market geography is determined
Coverage basis: Exact Zillow neighborhood polygon matches.
3 exact polygon matches. Exact Zillow polygon membership and supplemental Census Block Group association remain separate in the governed data. Supplemental associations are not represented as exact Zillow polygon membership.
Current listing observations are separate from BestNeighborhoodsUSA rankings and do not change neighborhood scores, ranks, historical Zillow trends, Census measures, or HMDA mortgage intelligence.