Major metropolitan market · Texas · September 2026 data

What is the Dallas, TX real estate market doing?

As of September 2026, the median home listed in Dallas, TX asks $422,495, down 0.6% year over year. Homes spend a median of 62 days on market, with 29,364 active listings and 28% carrying a price cut; pending contracts equal 31% of active listings, and inventory sits at 121% of the same month in 2019 — a buyer's market. Estimated gross rental yield on the median listing is 5.3%. Figures come from public records and industry data, updated monthly.

Median listing price
$422,495
▼ 0.6% YoY
Median $ / sq ft
$198
2,192 sq ft median
Median days on market
62
September 2026
Active listings
29,364
For sale now
New listings
8,938
September 2026
Listings with price cuts
28%
Share of active
Inventory vs 2019
121%
Same month, 2019 = 100
Pending / active
31%
Contract activity
Median sale price (closed)
$411,625
▼ 2.0% YoY · closed sales · July 2026
Sale-to-list ratio
n/a
Non-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio
Homes sold / month
5,059
Closed sales · July 2026, seasonally adjusted

What is the Dallas, TX housing market doing right now?

The Dallas, TX housing market lists at a $422,495 median as of September 2026, down 0.6% year over year, with a 62-day median market time and 29,364 homes for sale (28% with a price cut). Active inventory is 121% of the 2019 level, reading as a buyer's market under WealthyBud's published buyer/seller rule. Gross rental yield is about 5.3%.

Dallas housing market statistics

The table summarizes Dallas's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Dallas.

Dallas, TX housing market at a glance — September 2026
MetricLatestDetail
Median listing price$422,495-0.6% YoY
Median price per sq ft$1982,192 sq ft median
Median days on market62-2% YoY
Active listings29,364-2% YoY
New listings this month8,938September 2026
Listings with a price cut28%Share of active
Median sale price (closed)$411,625-2.0% YoY · closed sales, July 2026
Sale-to-list ration/aNon-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio
Pending-to-active ratio30.5%8,959 pending
Inventory vs 2019121%Active listings vs same month in 2019
Gross rental yield5.3%2BR fair market rent

How have home prices changed in Dallas?

Dallas home prices are down 0.6% year over year and -0.6% month over month as of September 2026, at a $422,495 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$440K$433K$426K$419K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Dallas TX · trailing 8 quarters · source: public records and industry data.

The 10-year view
$491K$458K$425K$392K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Dallas TX · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Dallas?

Dallas has 29,364 active listings, 8,938 new this month, 8,959 pending as of September 2026. About 28% of active listings have cut their price, and inventory sits at 121% of its 2019 level — a buyer's market by pace.

Active listings
29,364
New this month
8,938
Pending
8,959
Price-reduced
8,075

Is Dallas a good real estate investment?

Dallas scores 52/100 on WealthyBud's composite Investor Score, ranking #415 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
52/100
#415 of 933 covered metros
12-month outlook
-1.5%
Flat · model output, not advice
Momentum
49
Value
54
Rental yield
85
Supply risk
76
Market heat
45

Dallas scores 52/100 on our composite Investor Score (#415 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; at the published FY2026 fair market rent of $1,858/mo for a two-bedroom, the gross rental yield on the median listing is about 5.3%; active inventory sits at 121% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 0.6% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Dallas ranks on the trending markets index.

How much is a monthly mortgage payment in Dallas?

A home at Dallas's $422,495 median listing runs about $2,313 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$2,088/mo
−$225/mo vs today
At today's rate · 7.28%
$2,313/mo
National weekly average
If rates rise 1% · 8.28%
$2,546/mo
+$234/mo vs today

Principal & interest on the $422,495 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Dallas?

To buy Dallas’s $422,495 median listing with 20% down, a household needs about $125,000 a year in gross income, keeping principal, interest and property tax ($2,908/mo) at 28% of income. That is 1.4× the area’s $87,155 median household income, so a typical Dallas household cannot afford the median listing on these terms.

Income needed to buy the median home in Dallas, TX — September 2026
ItemAmountBasis
Median listing price$422,495September 2026
Down payment (20%)$84,499Assumption
Principal & interest (7.28%, 30-yr fixed)$2,313/moRate as of 2026-10-01
Property tax (1.69% effective rate)$595/moCensus ACS
Income needed (28% rule)$125,000Gross household income / yr
Median household income$87,155Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Dallas housing market?

Longer-run demand in Dallas shows up in 65,181 homes permitted in 2025; net migration of +38,499 residents. Natural-hazard risk rates Relatively High. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
65,181
▼ 9.7% vs 2024
8.3 per 1,000 residents
Net migration (2022–2023)
+38,499
▲ people, via tax-return records
net income flow +$2121.4M/yr
Natural-hazard risk
Relatively High
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

What is the latest Dallas real estate news?

Dallas housing headlines highlight a shortage of homes for middle-income earners and expensive luxury listings amidst H-1B worker impact. — AI-generated summary of the headlines above; read the linked coverage before relying on it.

Headlines collected 2026-07-05; each links to the original publisher.

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Dallas housing market FAQ

What is the median home price in Dallas?
As of September 2026, the median listing price in Dallas, TX is $422,495, down 0.6% year over year (source: public records and industry data).
How much does it cost to buy a home in Dallas?
The median home listed in Dallas asks $422,495 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $2,313 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Dallas?
The median property in Dallas spends 62 days on the market, with 29,364 homes actively listed and 28% of them carrying a price cut — a buyer's market as of September 2026.
Is it a buyer's or seller's market in Dallas?
With a median 62 days on market and 28% of active listings carrying a price cut, pending contracts at 31% of active listings, Dallas reads as a buyer's market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Dallas a good place to invest in real estate?
Dallas scores 52/100 on WealthyBud's Investor Score, ranking #415 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Dallas?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Dallas and the wider Texas market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Texas housing markets

Priya Nandakumar Housing Economist

Priya Nandakumar is a housing economist who tracks national and regional housing-supply trends, mortgage rates and affordability using public Census and housing-starts data. She translates federal housing releases into metro-level takeaways for buyers and investors.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.