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Rowlett TX 75089

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Coldwell Banker Apex, Realtors®
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Rockwall TX 75087 

 

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By the Numbers

Real Estate Market Update

Curious about what the market’s doing in your neighborhood? Whether you’re thinking of buying, selling, or just staying informed, our local real estate market updates help you make smarter decisions. Below, you'll find the latest stats, trends, and expert commentary—broken down by county, city, and even neighborhood. This page is updated monthly with insights from The Dunnican Team’s on-the-ground expertise.

 

City of Dallas, TX

MEDIAN SALES PRICE

$490,000

MEDIAN SALES PRICE

CLOSED SALES

2,923

CLOSED SALES

ACTIVE LISTINGS

4,173

ACTIVE LISTINGS

MONTHS INVENTORY

5.1

MONTHS INVENTORY

Explore This Month's City and Neighborhood Housing Update Reports

Rockwall Rowlett Waterview Heath Sachse Wylie Fate Royse City Caddo Mills McLendon-Chisholm Lavon Josephine Community ISD Allen Murphy Fairview Parker Lucas Richardson Plano Sunnyvale Garland Dallas Forney Farmersville Flower Mound Carrollton Farmers Branch DFW
The Dunnican Team

Dallas, TX Housing Market Update

Dallas's Q2 2026 median sale price of $490,000 — up 4.3% year over year — tells only part of the story, and not the most useful part. Median home size jumped from 1,783 to 1,921 square feet as larger homes represented a greater share of Q2 closings, while per-square-foot value rose just 0.7% to $255.58. The modest per-unit gain is the cleaner measure of what's actually happening to Dallas home values. At 5.1 months of inventory — down 0.2 from a year ago — the city sits in buyer-leaning territory, and the 94.7% close-to-list ratio confirms buyers are successfully negotiating meaningful discounts from original asking prices. Closed sales held essentially flat at 2,923 (−0.2%), while days on market rose 7 days to 52. Dallas is many markets in one — with 19.2% of Q2 sales above $1M and 11.5% below $200,000, the citywide median captures a blended average across a remarkably diverse range of neighborhoods, price points, and property types. What's consistent across most of them: inventory is gradually contracting, pricing is softening modestly, and buyers have more time and room to negotiate than at any point since 2019.

Dallas, TX Housing Market Update – Q2 2026 | July 2026

Reporting Period: April 1–June 30, 2026 • Data via NTREIS / Texas REALTORS® Data Relevance Project

Key Highlights | Dallas Housing Market Update – Q2 2026

  • Median Sale Price: $490,000 (+4.3% vs. Q2 2025)
  • Closed Sales: 2,923 (−0.2% vs. Q2 2025)
  • Active Listings: 4,173 (−7.6% vs. Q2 2025)
  • Months of Inventory: 5.1 (−0.2 months vs. Q2 2025)

Q2 2026 Dallas Market Commentary

PRICES
Dallas posted a median sale price of $490,000 in Q2 2026, up 4.3% from Q2 2025. The per-square-foot figure tells a more measured story: median price per square foot rose just 0.7% to $255.58, while median home size increased from 1,783 to 1,921 square feet — a 138-square-foot jump. When larger homes represent a meaningfully greater share of closings, the overall median moves upward faster than per-unit values justify. The 4.3% headline gain overstates the degree of true price appreciation; underlying value per square foot is essentially flat. Dallas is a large, heterogeneous market spanning everything from sub-$200,000 entry product to multi-million-dollar estates — the median reflects a blended snapshot across a wide range of neighborhoods, price points, and property types, which makes it less precise than in smaller single-character markets.

SALES ACTIVITY
Transaction volume held essentially flat in Q2 2026, with 2,923 closed sales — a negligible 0.2% decline from Q2 2025's 2,929. For a market the size of Dallas, this level of stability across 2,900+ quarterly closings reflects a market that is absorbing inventory at a consistent pace despite elevated days on market. Days on market came in at 52 — up 7 days from Q2 2025's 45 — reflecting buyers taking more time to evaluate in a market where they have real options. The close-to-original-list-price ratio slipped to 94.7%, down from 96.0% a year ago — a meaningful 1.3-point decline indicating that buyers are successfully negotiating below asking price with regularity. This is a city-wide average; individual neighborhood results will vary significantly.

INVENTORY
Active listings fell to 4,173 in Q2 2026, down 7.6% from Q2 2025's 4,515. That's a notable inventory reduction in absolute terms — more than 340 fewer homes available compared to a year ago — yet the market still sits at 5.1 months of supply, which is technically buyer-leaning. Dallas's price distribution is one of the broadest in the DFW area: 19.2% of Q2 sales were at $1M or above, 10.8% in the $750,000–$999,000 range, and 19.1% in $500,000–$749,000. At the same time, 11.5% sold below $200,000 and 17.1% between $200,000–$299,999. The luxury and sub-luxury segments each follow their own dynamics, and understanding Dallas means recognizing that no single metric captures the full picture.

MARKET BALANCE
At 5.1 months of inventory — down only 0.2 months year over year — Dallas remains in buyer-leaning territory. The 52-day average days on market and 94.7% close-to-list ratio confirm that buyers have leverage in this market, particularly on homes that have been sitting. The 47-year median home age signals a heavily resale-driven market with established neighborhoods across Dallas's diverse geography. Buyers willing to do their homework, move deliberately, and make well-supported offers will find negotiating room that wasn't available in 2021–2023. For sellers, accurate pricing and strong presentation remain essential — overpriced homes in a 5.1-month market accumulate days on market quickly and typically end up with larger price reductions than a proactive pricing strategy would have required.

What Sellers Need to Know

  • At 5.1 months of inventory and a 94.7% close-to-list ratio, buyers have leverage in Dallas. Overpricing is the most common mistake in this environment — homes that sit past 60 days are typically re-priced anyway, often lower than where they would have landed with accurate initial pricing.
  • Active listings dropped 7.6% year over year, which means your competition pool is smaller than a year ago. Use that to your advantage — but don't let it tempt you into overpricing.
  • Days on market rose to 52 days. Build realistic expectations around timeline — most correctly priced Dallas homes are not moving in two weeks right now. Allow for a full marketing cycle.
  • The Dallas market spans everything from under $200,000 to $1M+ — your neighborhood, price point, and property condition determine your actual competitive set. City-wide averages are context, not your benchmark.

What Buyers Need to Know

  • Dallas at 5.1 months of inventory is buyer-leaning — you have real selection and real negotiating room. The 94.7% close-to-list ratio means buyers are regularly closing below asking price. Come in with a well-supported offer and use the data.
  • At 52 average days on market, you have time to be deliberate. Do thorough due diligence, get a comprehensive inspection, and don't rush a decision because of urgency that isn't there.
  • The 4.3% headline price increase is partially a mix-shift effect — larger homes closing in greater numbers pulled the median up. Per-square-foot appreciation is just 0.7%. Don't let the median headline override your comp analysis on a specific property.
  • Dallas is many markets in one — from Park Cities to Pleasant Grove, neighborhood dynamics vary enormously. Work with an agent who knows the specific submarket you're targeting, not just the city-wide average.

2026 Dallas Housing Market Forecast

Dallas enters the second half of 2026 with inventory declining year over year but still elevated at 5.1 months — enough supply that buyers maintain leverage while sellers must price carefully to compete. If the inventory reduction trend continues through Q3, months of supply could approach balanced territory by year-end, which would gradually shift negotiating dynamics. The 7.6% drop in active listings is the most constructive data point for price stability going forward — if fewer homes come to market and sales volume holds near current levels, the supply-demand imbalance will slowly close.

If mortgage rates ease in the back half of 2026, Dallas's price diversity — from entry-level to luxury — gives it broad demand exposure across multiple buyer segments. The luxury market above $1M (currently 19.2% of sales) will be most sensitive to rate improvements given financing thresholds, while the entry and mid-range segments are most likely to respond to general buyer confidence returning. The 47-year median home age reflects a city where character neighborhoods, walkability, and proximity to employment drive decisions as much as square footage — fundamentals that support long-term value even through short-term market cycles. Overall, expect Dallas to remain buyer-leaning through Q3 with gradual stabilization heading into Q4 if rate conditions improve.

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Questions About the Dallas Market?

Dallas is a large, complex market — and what's true for the city overall may not reflect what's happening in the specific neighborhood you're focused on. The Dunnican Team works across Northeast Dallas and surrounding communities and can give you a ground-level read on conditions where it matters for your decision. Reach out anytime.

Source: NTREIS MLS / Texas REALTORS® Data Relevance Project — Dallas, TX, Q2 2026 (April 1–June 30, 2026) with Q2 2025 comparison metrics. Data via MetroTex Association of REALTORS®. Analysis provided in partnership with the Real Estate Center at Texas A&M University. All figures reflect All Residential (SF + attached) — All Construction Types.

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Frequently Asked Questions – Dallas Housing Market Update Q2 2026

Is it a good time to sell a home in Dallas in 2026?

Dallas is a large, heterogeneous city where the answer depends significantly on which neighborhood and price point you're selling in. At the city level, 5.1 months of supply and a 94.7% close-to-list ratio tell you buyers have leverage and are using it — sellers are closing about 5.3% below their original asking price on average. Active listings fell 7.6% to 4,173, which is a constructive supply signal, and closed sales held essentially flat at 2,923. The most important thing a Dallas seller can do right now is resist the temptation to price to the citywide median — the $490,000 median is an average across an enormous range of neighborhoods from Park Cities to Pleasant Grove, and what's happening in your specific submarket matters far more than the city average. Correctly priced homes in strong Dallas neighborhoods are still moving in approximately 52 days. Overpriced listings are sitting in a 5.1-month supply environment with 4,173 alternatives available to buyers.

Is it a good time to buy a home in Dallas in 2026?

For buyers who have been waiting for the frenzied conditions of 2021–2023 to subside, Dallas in 2026 offers the most favorable combination of selection, time, and negotiating room in several years. At 5.1 months of supply — buyer-leaning territory — and a 94.7% close-to-list ratio, buyers are successfully negotiating meaningful discounts from original asking prices and taking the time they need to do thorough due diligence. With 19.2% of Q2 sales above $1M and 11.5% below $200,000, Dallas's price range is genuinely enormous — nearly every buyer profile can find relevant inventory somewhere in the city. The 52-day average days on market means you have time to evaluate carefully without artificial urgency. The caveat: Dallas is many markets in one, and conditions in your target neighborhood may differ substantially from the citywide average in either direction.

How long are homes sitting on the market in Dallas right now?

Homes that closed in Q2 2026 averaged 52 days on market — up 7 days from Q2 2025's 45. That increase is consistent with the broader DFW pattern of buyers taking more time before committing, and 52 days is a reasonable pace for a market of Dallas's size and price diversity. Days to close averaged 29 days once under contract, putting the total list-to-close timeline at approximately 81 days — up 8 days from a year ago. These city-level averages mask significant neighborhood variation: some Dallas submarkets are moving considerably faster, while others — particularly in the luxury segment above $750,000 and in neighborhoods with elevated inventory — are running significantly slower. The 47-year median home age reflects a resale-driven market where individual home condition, updates, and specific location are the primary pace determinants.

Are Dallas home prices rising or falling in 2026?

The headline says rising — but modestly and with an important asterisk. The reported 4.3% median price gain to $490,000 is partly a mix-shift effect: median home size increased from 1,783 to 1,921 square feet as larger homes represented a greater share of Q2 closings, while per-square-foot value rose just 0.7% to $255.58. The 0.7% per-unit gain is the more accurate measure of what's happening to Dallas home values — essentially flat, with a slight positive bias at the per-square-foot level. The 94.7% close-to-list ratio tells you buyers are regularly negotiating below asking price, which is inconsistent with a market experiencing meaningful appreciation. The most honest characterization: Dallas home values are holding near recent levels with very modest per-unit movement in either direction depending on submarket.

How competitive is the Dallas real estate market right now?

Dallas is a buyer-leaning market at the city level — 5.1 months of supply and a 94.7% close-to-list ratio give buyers real time and real negotiating room. But "Dallas" encompasses dozens of distinct submarkets, and competitiveness varies enormously by neighborhood. Established inner-ring neighborhoods with strong walkability and employment proximity tend to run tighter than the city average; emerging or transitional neighborhoods and the luxury segment above $750,000 tend to run looser. The $200,000–$299,999 range at 17.1% of Q2 sales and the $500,000–$749,000 range at 19.1% are where the most activity is concentrated — buyers in those segments will find the most comparable data and the most relevant negotiating benchmarks. Working with an agent who has specific submarket knowledge is more important in Dallas than in almost any other DFW city.

Buying or selling in Dallas? Contact The Dunnican Team — we work across Northeast Dallas and surrounding communities and can give you a ground-level read on what's happening in the specific neighborhood that matters to you.

Dallas Real Estate Overview

A Dynamic Housing Market in One of America’s Fastest-Growing Cities

About Dallas, TX

Dallas is more than just the commercial heart of North Texas—it’s a fast-paced, culturally rich, and economically vibrant city that continues to attract people from across the country and around the world. As the anchor of the Dallas-Fort Worth Metroplex, Dallas offers one of the most diverse, competitive, and opportunity-filled real estate markets in the U.S.

Known for its world-class healthcare, booming job sectors, and nationally ranked arts and dining scene, Dallas is home to Fortune 500 companies, major sports teams, and some of the state’s top universities. Its central location, expansive highway system, and international airport make it a strategic hub for professionals, entrepreneurs, families, and investors alike.

With continued population growth and urban development, the Dallas housing market is constantly evolving—offering new opportunities across all price points and property types.

Homes for Sale in Dallas, TX

The Dallas real estate market is as dynamic as the city itself. Whether you’re drawn to a high-rise condo downtown or a historic home in East Dallas, every neighborhood offers its own distinct lifestyle, architecture, and community culture.

Buyers can explore:

  • Luxury condos and high-rises in Downtown, Uptown, Victory Park, and Turtle Creek—offering skyline views, concierge service, and walkable amenities

  • Historic homes with original charm and updated interiors in Lakewood, M Streets, Bishop Arts, and Oak Cliff

  • Luxury estates in Preston Hollow, Highland Park, and Greenway Parks, known for private lots, prestigious schools, and timeless design

  • Mid-century modern and contemporary homes in East Dallas and North Oak Cliff—many with thoughtful renovations and artistic flair

  • New construction in Trinity Groves, West Dallas, The Cedars, and other up-and-coming areas, offering affordability with strong upside potential

With dozens of micro-markets across the city, from urban core to residential enclaves, Dallas gives buyers a chance to find a home that aligns with their lifestyle, commute, and long-term goals.

Why Buyers and Investors Choose Dallas

Dallas continues to rank among the nation’s top cities for both relocation and real estate investment. Thanks to its low taxes, business-friendly climate, and strong appreciation trends, the city has become a magnet for employers, entrepreneurs, and remote professionals alike.

What makes Dallas a standout:

  • No state income tax and relatively low property taxes compared to other major metros

  • A diverse economy, with strength in tech, finance, logistics, education, and healthcare

  • Access to top-rated public, charter, and private schools

  • Cultural amenities including the Dallas Arts District, Dallas Museum of Art, Klyde Warren Park, and White Rock Lake

  • A steady stream of relocations from across the U.S., keeping demand strong year-round

For sellers, Dallas offers the benefit of a broad buyer pool, especially in neighborhoods with limited inventory. Professionally staged and well-marketed homes often receive multiple offers—particularly in central locations with strong school zones or unique architectural appeal.

Your Experts in Dallas Real Estate

Buying or selling in a high-demand, high-velocity market like Dallas requires more than just an online search. It takes insight, experience, and a local team that knows how to read between the lines.

That’s where Cindy and Cory Dunnican come in. As founders of The Dunnican Team at Coldwell Banker Apex, Realtors®, they’ve helped clients successfully navigate everything from condo purchases in Uptown to luxury listings in Preston Hollow and investment flips in East Dallas.

With a people-first mindset and a faith-driven approach to service, they provide:

  • Strategic guidance for both buying and selling

  • Neighborhood-level knowledge across Dallas’s urban core and surrounding districts

  • Honest, expert advice in pricing, offer negotiations, and long-term planning

  • A marketing process built around exposure, storytelling, and results

Whether you're buying your next home, making your first move into the city, or listing a Dallas property for top dollar, Cindy and Cory are here to help you succeed—with clarity, care, and confidence.

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The Dunnican Team

(972) 679-1789

9106 Royal Burgess Dr Rowlett TX 75089

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The Dunnican Team

(972) 679-1789

9106 Royal Burgess Dr Rowlett TX 75089