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Featured local agent — Lake Dallas, TX
Sarah Mitchell
Compass Real Estate · Lake Dallas, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lake Dallas, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$365,000median sale price
How is the Lake Dallas, TX housing market right now?
The median home sale price in Lake Dallas, TX is $365,000, up 11.7% year-over-year. Homes sell in an average of 25 days with 29 active listings. The market is currently a leaning buyer's. (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 Lake Dallas a buyer's or seller's market?
Lake Dallas, TX is currently a leaning buyer's, based on 5.8 months of supply and homes selling in about 25 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
25
Average pace
Active listings
29
5.8 months supply
Sale-to-list
99.0%
Below asking
What does the Lake Dallas housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $365,000 |
| Median list price | $342,500 |
| Year-over-year price change | +11.7% |
| Average days on market | 25 days |
| Active inventory | 29 listings |
| Months of supply | 5.8 months |
| Sale-to-list price ratio | 99.0% |
| Median price per sq ft | $219/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 12 |
| Listings with a price cut | 48.3% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Lake Dallas by property type?
How the Lake 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 | $365,000 | $219/sq ft | 5 | 25 days |
| Townhouse | $92,000 | $75/sq ft | 1 | 13 days |
Source: Redfin · Updated monthly
The Lake Dallas housing market is currently classified as a leaning buyer's with a median sale price of $365,000. Prices have risen 11.7% compared to last year, with homes spending an average of 25 days on market, indicating 5.8 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 4.7x provides context for how home values compare to local earning capacity.
Homes for sale in Lake Dallas
There are currently 29 homes listed for sale in Lake Dallas, Texas. The median listing price is $343K.
Active listings
29
Homes on market
Median list price
$343K
Avg. days on market
25
Days until sale
New this week
12
Newly listed
Who lives in Lake Dallas?
Population
7,761
Median income
$74,241/yr
Median age
40.1 years
Owner-occupied
71.3%
College grads
30.3%
Avg commute
27.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Lake Dallas?
Zillow home value
$350,485
Zillow rent index
$1,724/mo
Price-to-rent ratio
16.9x
Price-to-income
4.7x
Source: Zillow Research
What is it like to live in Lake Dallas?
Lake Dallas is a community of approximately 8K residents with a median age of 40.1 years.The median household income is $74,241, which represents a working-class community with solid middle-income opportunities. 30.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 71.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lake Dallas offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lake Dallas?
2 schools tracked · 1,395 students
The largest public schools serving Lake 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.
LAKE DALLAS MIDDLE
Grades 6-8 · 879 students
LAKE DALLAS EL
Grades PK-5 · 516 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 Lake Dallas, TX?
Want a head-to-head view? Compare Lake Dallas side-by-side with any other U.S. city using our market-comparison tool.
Is Lake Dallas a good real estate investment market?
For investors evaluating Lake Dallas, the price-to-rent ratio of 16.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 11.7% 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 Lake Dallas's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Lake Dallas's median home price.
Frequently asked questions
What is the average home price in Lake Dallas?
The median home sale price in Lake Dallas is $365,000, up 11.7% from last year.
How long do homes stay on market in Lake Dallas?
Homes typically spend 25 days on market before going under contract.
What is the median income in Lake Dallas?
The median household income is $74,241 per year.
Is Lake Dallas a buyer's or seller's market?
With 5.8 months of supply, Lake Dallas is currently a leaning buyer's.
What is the Zillow home value estimate for Lake Dallas?
The Zillow Home Value Index (ZHVI) for Lake Dallas is $350,485, representing the typical home value in the area.
How much does a single-family home cost in Lake Dallas?
The median single-family home price in Lake Dallas, TX is $365,000 (about $219 per square foot).
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