Prices, inventory, and demand — distilled every month into one clear verdict: buyer’s market or seller’s. The investor’s read, before you make an offer.
The median asking price in Dallas is about $442,000 as of Sep 2026, down 0.9% from a year ago. That is the asking price on listed homes, so sold-price and home-value sites show different numbers (why).
Only on the right house. Neither side has the upper hand in Dallas right now. The signals split. Compared with 2017–2019 at this time of year, 25% of sellers have cut their price, against 29% then, but there are 20 pending sales per 100 listings, against 38 then. The market will not hand you a discount. You have to find it in one specific listing.
The population in Dallas's ZIP codes fell 1.8% over five years. 9.5% of homes are vacant, higher than 72% of tracked cities. Households still grew 3.8% while the housing stock grew 2.8%. Fewer people living in more households means rental demand has held up better than the population suggests. Check vacancy by ZIP before you buy.
Most Dallas households rent. 55 out of every 100 households are renters. That share has held steady for five years. Dallas added about 5,600 renter households in five years. Renter households average 2.2 people. Two and three bedrooms fit the typical renter.
The median Dallas household earns $79,696 a year. Incomes here have grown 5.4% a year since 2019. Incomes are rising faster than home prices. Affordability is improving. A typical home costs 5.5 times the median income. Most locals cannot buy. That keeps rental demand deep. It also caps the rent they can pay. At 30% of income, a tenant on the median income can pay about $1,992 a month.
To see what one Dallas address would rent for and cash flow, run it through the app.
The median asking price is 24.7% below its May 2017 peak. Per square foot the gap is smaller: 10.8% below the May 2022 high. Part of the drop is smaller homes coming to market. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower. Dallas prices rose in just 55 of 111 months. Prices here mostly do not grow. Buy this market for rent income.
This market is turning. Which way is not settled yet. Check the monthly numbers above before you commit.
For every 100 homes still for sale, 20 are under contract. In 2017–2019 at this time of year it was 38. 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.
The typical Dallas listing has been on the market 60 days. There are 4,297 homes for sale in Dallas. That is the most in ten years. It is 6 times the low of Feb 2022. Every one of them competes with the house you want.
Across 9 full years, Dallas asking prices ran lowest in January, about 6.8% below the year's average. They peaked in May. The most homes for sale show up in October, about 16% above the yearly average. Shop in October for choice, and expect the softest asking prices in January.
Read how population change affects rentals and how we read these numbers, then run the numbers on a deal.
The median asking price in Dallas is about $442,000 as of Sep 2026, down 0.9% 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 Dallas figures cover 50 of the 78 ZIP codes with a Dallas mailing address, so citywide counts such as homes for sale run low.
Neither side has the upper hand in Dallas right now. We compare Dallas with 2017–2019 at this time of year: there are 20 pending sales per 100 listings, against 38 then; there are 19% more homes for sale; 25% of sellers have cut their price, against 29% then.
The median asking price is 24.7% below its May 2017 peak. Per square foot the gap is smaller: 10.8% below the May 2022 high. Part of the drop is smaller homes coming to market. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower.
75236. Only 14 homes under contract for every 100 still for sale. 28% of sellers there have cut their price, and the typical listing has been up 99 days.
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.
No ZIP is on both lists. In Dallas you pick leverage or growth. You cannot have both.
| ZIP | $/sqft, 2 yrs | $/sqft now | Buyers per home | For sale |
|---|---|---|---|---|
| 75237 | +8.0% | $200 | 0.83 | 12 |
| 75244 | +7.5% | $313 | 0.20 | 46 |
| 75238 | +5.6% | $315 | 0.33 | 82 |
| 75220 | +5.4% | $383 | 0.23 | 100 |
| 75218 | +4.7% | $340 | 0.34 | 96 |
Computed from each ZIP's own ten-year history. ZIPs with fewer than 10 homes for sale are excluded: a median across a handful of listings is noise, not a signal.
Dallas has 78 ZIP codes. Each links to its live market dashboard.
Closest matches on asking price, price per square foot, time on market, buyer demand, and price cuts.
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