$75,000
3422 Wendelkin St
Dallas, TX
0 ba
Land7,187 sqft lot
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Sarah Mitchell
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Compass Real Estate · Dallas, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Dallas, TX(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews
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Dallas, TX Housing Market & Real Estate
Balanced market+9.5% YoY
Housing market overview · Updated monthly ·
$512,200median sale price
How is the Dallas, TX housing market right now?
The median home sale price in Dallas, TX is $512,200, up 9.5% year-over-year. Homes sell in an average of 40 days with 4,205 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Dallas a buyer's or seller's market?
Balanced market4.6 months of supply40 avg. days on market
Dallas, TX is currently a balanced market, based on 4.6 months of supply and homes selling in about 40 days. How we determine this →
Homes sold
917
Last 12 weeks
Days on market
40
Average pace
Active listings
4,205
4.6 months supply
Sale-to-list
97.6%
Below asking
What does the Dallas housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $512,200 |
| Median list price | $499,000 |
| Year-over-year price change | +9.5% |
| Average days on market | 40 days |
| Active inventory | 4,205 listings |
| Months of supply | 4.6 months |
| Sale-to-list price ratio | 97.6% |
| Median price per sq ft | $262/sq ft |
| Homes sold (latest month) | 917 |
| New listings (latest month) | 1,370 |
| Listings with a price cut | 34.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Dallas by property type?
How the Dallas, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $569,999 | $265/sq ft | 739 | 38 days |
| Condo / Co-op | $271,000 | $252/sq ft | 123 | 43 days |
| Townhouse | $475,000 | $254/sq ft | 47 | 52 days |
Source: Redfin · Updated monthly
The Dallas housing market is currently classified as a balanced market with a median sale price of $512,200. Prices have risen 9.5% compared to last year, with homes spending an average of 40 days on market, indicating 4.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.6x provides context for how home values compare to local earning capacity.
Homes for sale in Dallas
There are currently 4,205 homes listed for sale in Dallas, Texas. The median listing price is $499K. Featured listings range from $75,000 to $5,650,000.
$225,000
4112 Bowser Ave Apt 105
Dallas, TX
1 bd1 ba961 sqft$234/ft²
Condo25,613 sqft lot
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$235,000
6415 Cinnamon Oaks Dr
Dallas, TX
4 bd2 ba1,296 sqft$181/ft²
House6,974 sqft lot
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$240,000
3883 Turtle Creek Blvd Apt 1616
Dallas, TX
1 bd1 ba862 sqft$278/ft²
Condo3.16 acres
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$260,000
2635 Carpenter Ave
Dallas, TX
3 bd2 ba1,045 sqft$249/ft²
House7,492 sqft lot
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$299,900
1860 Meadow Valley Ln
Dallas, TX
3 bd2 ba1,725 sqft$174/ft²
House9,017 sqft lot
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$439,900
6123 Rincon Way
Dallas, TX
3 bd3 ba1,895 sqft$232/ft²
House5,532 sqft lot
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$569,000
8807 Graywood Dr
Dallas, TX
3 bd2 ba1,643 sqft$346/ft²
House7,884 sqft lot
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$585,000
6802 McCallum Blvd
Dallas, TX
3 bd2 ba2,225 sqft$263/ft²
House9,148 sqft lot
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$1,595,000
1033 Cedar Hill Ave
Dallas, TX
4 bd4 ba3,806 sqft$419/ft²
House22,477 sqft lot
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$4,850,000
3021 Southwestern Blvd
Dallas, TX
6 bd8 ba6,440 sqft$753/ft²
House11,195 sqft lot
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$5,650,000
3125 Hanover St
Dallas, TX
5 bd7 ba6,327 sqft$893/ft²
House11,195 sqft lot
View photos & details
Looking to buy in Dallas?
Get connected with a local real estate expert — free, no obligation.
Active listings
4,205
Homes on market
Median list price
$499K
Avg. days on market
40
Days until sale
New this week
1,370
Newly listed
Price drops:34.0%of listings
Sale-to-list:97.6%
Who lives in Dallas?
Population
1,299,553
Median income
$67,760/yr
Median age
33.4 years
Owner-occupied
42.4%
College grads
37.4%
Avg commute
26 min
Source: U.S. Census Bureau ACS
What are homes worth in Dallas?
Zillow home value
$311,326
Zillow rent index
$1,618/mo
Price-to-rent ratio
16.0x
Price-to-income
4.6x
Source: Zillow Research
What is it like to live in Dallas?
Dallas is a community of approximately 1300K residents with a median age of 33.4 years.The median household income is $67,760, which represents a working-class community with solid middle-income opportunities. 37.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 42.4%, showing a blend of owner and renter-occupied properties. The average commute time is 26 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Dallas offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Dallas?
50 schools tracked · 68,551 students
The largest public schools serving Dallas, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
SKYLINE H S
Grades 9-12 · 3,780 students
LAKE HIGHLANDS H S
Grades 9-12 · 2,925 students
OAK CLIFF FAITH FAMILY ACADEMY
Grades PK-12 · 2,468 students
BRYAN ADAMS H S LEADERSHIP ACADEMY
Grades 9-12 · 2,253 students
HIGHLAND PARK H S
Grades 9-12 · 2,177 students
SUNSET H S
Grades 9-12 · 2,147 students
W T WHITE H S
Grades 9-12 · 2,074 students
MOISES E MOLINA H S
Grades 9-12 · 2,017 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Dallas, TX?
Want a head-to-head view? Compare Dallas side-by-side with any other U.S. city using our market-comparison tool.
Is Dallas a good real estate investment market?
For investors evaluating Dallas, the price-to-rent ratio of 16.0x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 9.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Dallas's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Dallas's median home price.
Frequently asked questions
What is the average home price in Dallas?
The median home sale price in Dallas is $512,200, up 9.5% from last year.
How long do homes stay on market in Dallas?
Homes typically spend 40 days on market before going under contract.
What is the median income in Dallas?
The median household income is $67,760 per year.
Is Dallas a buyer's or seller's market?
With 4.6 months of supply, Dallas is currently a balanced market.
How many homes are for sale in Dallas?
There are currently 4205 homes listed for sale in Dallas, TX.
What is the Zillow home value estimate for Dallas?
The Zillow Home Value Index (ZHVI) for Dallas is $311,326, representing the typical home value in the area.
What is the median condo price in Dallas?
The median condo/co-op sale price in Dallas, TX is $271,000, compared to $569,999 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Dallas?
The median single-family home price in Dallas, TX is $569,999 (about $265 per square foot).
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