DALLAS METRO HOUSING MARKET UPDATE — MARCH 2026

DALLAS METRO HOUSING MARKET UPDATE — MARCH 2026

The Dunnican Team | April 2026 | Data via NTREIS

The March 2026 housing data is in for the Dallas metro, and the story it tells depends entirely on which part of the market you're asking about. Across 29 DFW communities we track from Dallas proper through Rockwall County, Collin County, and the eastern suburbs, conditions range from legitimately competitive to buyer-friendly in ways that haven't existed since before the pandemic. The spread between the tightest and loosest markets is wider than you'd guess from a single headline number.

Here's how the Dallas metro actually breaks down right now — neighborhood by neighborhood.

The Strongest Seller's Markets in the Dallas Metro

A handful of Dallas-area communities are still running at a pace that gives sellers real pricing power. Inventory is tight, homes are moving quickly, and buyers are paying close to — or essentially at — list price.

Flower Mound is the standout market in the entire dataset. Homes averaged just 13 days on market in March — the fastest pace of any city we track across the metro. Buyers paid 99.3% of original list price, meaning sellers got essentially what they asked. With only 2.8 months of supply and new listings being absorbed nearly as fast as they arrive, Flower Mound is operating in a category of its own. New listings jumped 23.8% year over year, which means fresh inventory is entering the market — and it's still getting absorbed quickly. If you own here, the data is firmly on your side this spring.

Carrollton posted the tightest inventory reading in the entire batch at 2.6 months of supply, with a 97.8% sale-to-list ratio and homes selling in 21 days on average. Closed sales grew 2.8% year over year on 112 transactions — a healthy, active market. The $350K–$450K price range in Carrollton continues to see consistent demand that its supply base can't quite keep up with.

Richardson is posting one of the strongest profiles in the metro right now. Prices rose 10.9% year over year to a median of $476,500 — on 97 closed sales, which makes that figure statistically credible rather than a small-sample swing. Homes are closing at 97.5% of list price, the highest ratio in the entire dataset, and months of supply held flat at 2.7 year over year. The Telecom Corridor employment base and strong school district create durable demand that doesn't evaporate when rates move.

Plano and Allen round out the tight end of the market, both at 2.9 months of supply with closing ratios above 97%. Plano recorded 201 closings and Allen 93 — both strong volume months. Days on market have grown in both cities compared to last year, which means buyers are taking more time to decide. But when they decide, they're paying near list. These aren't bidding-war markets anymore, but they're far from soft.

Garland is the most accessible tight market in the dataset. At 3.7 months of supply — the lowest reading among the more affordable communities — with 161 closed sales and active listings down 9.5% year over year, Garland is absorbing inventory efficiently at a sub-$300K median. For buyers working at that price point, Garland is the most competitive environment in the Dallas metro right now.

Where Dallas Metro Buyers Have the Most Leverage

On the other end of the spectrum, several Dallas-area markets have shifted in a direction that gives buyers real negotiating room — more inventory, longer days on market, and closing ratios that reflect genuine seller concessions.

McLendon-Chisholm and Heath both registered 8.5 months of supply in March — the highest readings in the metro by a significant margin. In McLendon-Chisholm, homes averaged 125 days on market and closed at 89.6% of original list price. For a buyer with patience and a clear sense of what they want, that's a market where you can negotiate real terms. Heath's luxury segment showed similar dynamics — 91.5% closing ratio, 51-day average DOM — though Heath's monthly transaction count is small enough that individual months can shift based on which specific homes traded.

Royse City sits at 6.2 months of supply with an 89-day average DOM and a 92.5% sale-to-list ratio. Inventory grew 9.0% year over year, and 448 active listings give buyers real selection. That combination — extended marketing time, meaningful closing discounts, and growing supply — is what buyer leverage actually looks like in practice. Sellers who price to current comparables are still closing (84 did in March), but those who enter the market above market value are sitting.

Forney is a large, active market with a buyer-favorable lean driven heavily by new construction competition. With 733 active listings, 4.9 months of supply, and a 92.8% closing ratio on 138 sales, buyers have no shortage of options — and builders are actively competing for their attention with rate buydowns and closing cost packages that resale sellers have to account for when pricing.

Rowlett is worth flagging specifically for buyers who have been watching Lake Ray Hubbard communities but couldn't quite make the numbers work. The median sold price pulled back to $377,665 in March — a 10.1% year-over-year decline — and homes are taking longer to sell than they were a year ago. For buyers who want established neighborhoods, lake access, and a price point below many surrounding communities, Rowlett is offering more room right now than it has in some time.

Markets Worth Watching This Spring

A few communities in the middle of the dataset are showing momentum signals worth paying attention to as the spring season develops.

Mesquite posted the strongest forward-looking number in this month's entire batch — pending sales up 31.2% year over year. The median rose 3.6% to $300,000 on 119 closed sales, and active inventory tightened. For the eastern Dallas market at that price point, that kind of building momentum is meaningful.

Farmersville saw closed sales jump 33.3% with pending sales surging 74.2% — the highest pending growth of any market we cover this month. The median pulled back due to a concentration of new construction closings in the entry-level range, but the transaction pace is clearly accelerating. This is a community to watch as April and May data comes in.

Wylie is one of the more interesting cases in the dataset. Active listings grew 16% year over year — more supply than last spring — and yet average days on market actually dropped from roughly 37 to 28 days. Homes are selling faster despite more competition, which tells you buyer demand is present and active when pricing is accurate. At 4.5 months of supply the market is balanced, but it's a healthy kind of balanced.

What This Means for Dallas Metro Buyers and Sellers

The defining characteristic of the Dallas metro housing market in spring 2026 is fragmentation. Flower Mound and McLendon-Chisholm are roughly 50 miles apart and operating in completely different realities. Richardson is appreciating at double digits while Royse City buyers are negotiating 7.5% below list price. Dallas proper posted a 13.4% median price jump while Rowlett pulled back 10.1%.

That fragmentation has a practical consequence: the advice that applies to one market doesn't apply to the next one. A seller in Carrollton and a seller in McLendon-Chisholm need completely different pricing strategies and timeline expectations. A buyer in Plano and a buyer in Forney are working with completely different leverage.

Mortgage rates in the mid-6% range have introduced some hesitation across the metro — pending sales softened in several communities that had been showing early spring momentum. Whether that hesitation reverses through April and May will depend partly on rates and partly on whether sellers price to where buyers actually are rather than where they were two years ago. The communities with the tightest supply are the most insulated from that risk. The buyer-leaning markets will be more sensitive to any further softening in buyer confidence.

The bottom line: spring 2026 in the Dallas metro is an active but selective market. Buyers have more choices and more time than they've had since before the pandemic in most communities. Sellers who understand what that means for their specific property will navigate it successfully. Those who don't will spend the spring watching their neighbors close while their own listing sits.

Explore the Full City-by-City Data

We publish monthly housing market updates for 29 communities across the Dallas metro — each one built from NTREIS MLS data with local analysis, buyer and seller guidance, and a market forecast. Find your city below.

• Dallas
• Rockwall
• Rowlett
• Heath
• Fate
• Royse City
• McLendon-Chisholm
• Caddo Mills
• Garland
• Sachse
• Wylie
• Murphy
• Allen
• Lucas
• Fairview
• Parker
• Plano
• Richardson
• Josephine
• Sunnyvale
• Flower Mound
• Carrollton
• Lavon
• Farmers Branch
• Waterview (Rowlett)
• Forney
• Mesquite
• Farmersville

Source: NTREIS MLS, March 2026 data. All market statistics reflect closed transactions recorded March 1–31, 2026 with year-over-year comparisons to March 2025. Data via Texas REALTORS® Data Relevance Project where applicable.