TX · Metro #4

Dallas - TX housing market

The Dallas metro has a typical home value of $366,701, down 3.0% from a year ago. Homes sell in 25 days on average, a balanced market. 32% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$366,701
-3.0% vs. year ago
Median sale price
$386,991
-0.5% YoY
Median list price
$429,667
Sale-to-list ratio
98.1%
Selling below ask
Days on market
25d
Listings w/ price cut
31.7%
New listings / mo
10,429
-7.7% YoY
Homes for sale
35,771
-4.6% YoY
Typical rent
$1,673/mo
-0.1% YoY
Context

How to read this data

The typical home value ($366,701) 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 3.0% over the past year. A home worth $378,042 last year is now worth roughly $366,701.

The median sale price , what homes actually close for , is $386,991. Homes are selling at 98.1% of list price, meaning buyers have room to negotiate.

Homes listed in Dallas - TX sit on the market for roughly 25 days before going pending. Shorter = seller's market; longer = buyer's market.

About 31.7% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 10,429 new listings hit the market each month in Dallas - TX. There are currently 35,771 homes for sale, down 4.6% from a year ago.

The typical monthly rent in Dallas - TX is $1,673, down 0.1% 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.

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Related

Other metros in TX

MetroHome value1-yr changeDays on market
Houston - TX$308,933 -2.1% 33.0d
San Antonio - TX$280,370 -1.9% 37.0d
Austin - TX$426,944 -5.7% 45.0d
McAllen - TX$194,546 +0.4% 83.0d
El Paso - TX$233,297 +1.7% 30.0d
Killeen - TX$252,444 -1.3% 38.0d
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