Cedar Hill, Texas Housing Market

What stands out in Cedar Hill?

• Homes for sale are down 25% on last year: among the sharpest inventory declines of 765 tracked cities. Supply is shrinking, which shifts leverage to sellers.

How much more is for sale in Cedar Hill than before the pandemic?

There are 138 homes for sale in Cedar Hill, 51% more than in 2017–2019 at this time of year. That count is down 25% on last year, with 42 new listings this month. More choice means you can walk away from any home priced for the market of three years ago.

How much can you negotiate in Cedar Hill?

For every 100 homes still for sale, 40 are under contract. In 2017–2019 at this time of year it was 70. The rest are still waiting for a buyer. About 1 in 4 sellers has already dropped their price. Each one has learned their first price was too high. Start your offer below their new price.

Cedar Hill listings spend a median 68 days on the market. That is 24% longer than a year ago. There are 138 homes for sale in Cedar Hill. That is 9.9 times the tightest month on record, but below the peak of 184. Supply is shrinking against last year.

What to do about it

• Search Cedar Hill homes listed 90+ days ago that have already cut their price.
• Offer below the reduced price.
• Keep your inspection and financing contingencies.
• Ask the seller to pay closing costs.
• You can lose a few offers here and still win.

Is now a good time to buy in Cedar Hill?

The median asking price is 27.8% below its Jun 2022 peak. Per square foot the gap is smaller: 6.8% below the Aug 2022 high. Part of the drop is smaller homes coming to market. Prices stopped falling about a year ago. They are flat now. Waiting will not get you a cheaper house. It might still get you a more motivated seller. Cedar Hill prices have risen in 83 of the last 111 months. Drops here have been short and shallow. Buying in a slow month has rarely hurt a long hold.

The discount is already here. It is not getting bigger. Buy now while sellers are still weak. Waiting for a lower price stopped working a year ago.

How does Cedar Hill compare with other Texas markets?

Ranked among the 77 Texas markets we track:

• Asking price: 26th priciest of 77. Cedar Hill is at $415,000. Closest: Round Rock and New Braunfels.
• Buyer competition: 7th most competitive of 67. Cedar Hill is at 0.40 buyers per home. Closest: Amarillo and North Richland Hills.
• Time on market: 26th longest time on market of 77. Cedar Hill is at a median of 68 days on market. Closest: Rowlett and San Antonio.
• Price cuts: 36th fewest price cuts of 77. Cedar Hill is at 24% of sellers cutting. Closest: Pasadena and Grand Prairie.

Who will rent from you in Cedar Hill?

In Cedar Hill, 28 out of every 100 households rent. Most own their home. The renter share is shrinking. Five years ago it was 30 in 100. Renter households here average 2.7 people. Families rent here. Buy bedrooms. Studios will sit.

Households grew 7% in five years. The housing stock grew 7%. The two are moving in step. Just 4.9% of homes sit empty. A well-priced rental fills fast here.

The median Cedar Hill household earns $102,875 a year. Incomes here have grown 7.1% a year since 2019. Incomes are rising faster than home prices. Affordability is improving. A typical home costs 4.0 times the median income. That is the national middle. Neither cash flow nor appreciation is free here. At 30% of income, a tenant on the median income can pay about $2,572 a month.

To see what one Cedar Hill address would rent for and cash flow, run it through the app.

What numbers should you underwrite a Cedar Hill deal with?

• Price growth to assume — +2.5%/yr. Cedar Hill grew 5.7% a year over the decade. Ignore that rate. Most of it landed in the 2020 and 2021 boom. Without the boom, Cedar Hill grows about 2.5% a year. That is the number to type in. Prices rose 2.3% over the last year. Use it for timing. The five-year rate is the better guide.
• Months of carrying cost — 3. Budget at least 68 days of holding costs, the current median time on market, when you exit or refinance. That is 24% longer than a year ago.
• Comp on price per square foot — $178/sqft. The typical Cedar Hill listing shrank from 3,452 to 2,635 sqft since Jul 2016. So median price hides real growth: 76% per sqft versus 10% on the median. Comp on median price and you will overpay for small homes.
• Competition when you exit — -25%. Homes for sale in Cedar Hill are down 25% on last year, so your resale faces less competition than today's comps did.

Read what days on market tells you about leverage and how we read these numbers, then run the numbers on a deal.

What is the median home price in Cedar Hill?

The median asking price in Cedar Hill is about $415,000 as of Sep 2026, up 7.2% from a year ago. This is the asking price on homes listed for sale. Sites that report sold prices or estimated home values will show a different number. Our Cedar Hill figures cover the 2 ZIP codes with a Cedar Hill mailing address, which can reach past city limits.

Is Cedar Hill a buyer's or seller's market in 2026?

Buyers have more room in Cedar Hill than usual. We compare Cedar Hill with 2017–2019 at this time of year: there are 40 pending sales per 100 listings, against 70 then; there are 51% more homes for sale; listings spend 38% more days on the market.

Are Cedar Hill home prices going up or down?

The median asking price is 27.8% below its Jun 2022 peak. Per square foot the gap is smaller: 6.8% below the Aug 2022 high. Part of the drop is smaller homes coming to market. Prices stopped falling about a year ago. They are flat now. Waiting will not get you a cheaper house. It might still get you a more motivated seller.

What is the best month to buy a house in Cedar Hill?

Across 9 full years, Cedar Hill asking prices ran lowest in February, about 3.3% below the year's average. They peaked in November. The most homes for sale show up in August, about 19% above the yearly average.

What is the fair market rent in Cedar Hill?

HUD's fiscal year 2026 fair market rent for Dallas County is $1,931 a month for 2 bedrooms and $2,431 for 3 bedrooms. The figures include tenant-paid utilities and cover the whole county.