TX · Metro #4

Dallas - TX housing market

The Dallas metro has a typical home value of $366,823, down 3.3% from a year ago. Homes sell in 24 days on average - a balanced market. 29% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$366,823
-3.3% vs. year ago
Median sale price
$386,407
-1.1% YoY
Median list price
$426,300
Sale-to-list ratio
97.8%
Selling below ask
Days on market
24d
Listings w/ price cut
29.4%
New listings / mo
10,625
-5.8% YoY
Homes for sale
34,548
-1.4% YoY
Typical rent
$1,678/mo
-0.4% YoY
Context

How to read this data

The typical home value ($366,823) is the Zillow Home Value Index for the Dallas - TX metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are down 3.3% over the past year. A home worth $379,341 last year is now worth roughly $366,823.

The median sale price , what homes actually close for , is $386,407. Homes are selling at 97.8% of list price, meaning buyers have room to negotiate.

Homes listed in Dallas - TX sit on the market for roughly 24 days before going pending. Shorter = seller's market; longer = buyer's market.

About 29.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 10,625 new listings hit the market each month in Dallas - TX. There are currently 34,548 homes for sale, down 1.4% from a year ago.

The typical monthly rent in Dallas - TX is $1,678, down 0.4% year over year. For investors, the price-to-rent ratio here is roughly 18x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Get $50 Off Every Home Warranty
Related

Other metros in TX

MetroHome value1-yr changeDays on market
Houston - TX$308,306 -2.0% 33.0d
San Antonio - TX$280,297 -1.9% 38.0d
Austin - TX$428,524 -6.0% 41.0d
McAllen - TX$193,978 +0.6% 79.0d
El Paso - TX$232,910 +1.6% 33.0d
Killeen - TX$252,591 -1.1% 40.0d
Get new posts in your inbox. No spam, unsubscribe anytime.