Inside DFW Real Estate

Dallas, Texas real estate market update

Each month, The Dunnican Team publishes housing market updates covering the cities we serve across Northeast Dallas, Collin, Hunt and Rockwall Counties.

Our reports are sourced directly from the MLS transaction data, not estimates or industry averages, and always compared year-over-year so you can tell what's actually changing.

Our goal is to give you the same honest picture we use with our clients, explained the way we'd explain it across the table.

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inside DFW real estate

monthly market update

Dallas held 5.3 months of inventory with active listings down 8.7% and closings down 10.0%. The median rose 4.5% to $445,000 — the strongest gain among the larger markets in this report.

Pending sales fell 20.6%, the sharpest decline among the measures tracked, which points to softer closing volume through the fourth quarter. Neighborhood conditions vary widely across the city, so citywide figures are a starting point rather than a substitute for local analysis.

Dallas, TX Housing Market Update – September 2026

Dallas, TX Housing Market Update | Reporting Period: Aug 1–Aug 31, 2026 (August 2026 data) • Data via NTREIS

Key Highlights | Dallas, TX Housing Market Update

Median Price: $445,000 (+4.5% YoY)
Closed Sales: 758 (-10.0% YoY)
Active Listings: 4,185 (-8.7% YoY)
Months of Inventory: 5.3 (-3.6% YoY)

What Sellers Need to Know

Active listings fell 8.7% year over year, so competing inventory has thinned modestly.
Median days on market improved 17.9% to 32 days, among the faster absorption rates in the region.
Homes closed at 95.8% of original list price, so buyers continue to negotiate.
Pending sales fell 20.6%, which suggests closing volume may remain soft into the fourth quarter.

What Buyers Need to Know

At 5.3 months of supply, Dallas offers more room than the DFW Metroplex average of 4.4 months.
The median price rose 4.5% year over year, the strongest gain among the larger markets in this report.
With 4,185 active listings, selection remains broad across neighborhoods and price bands.
Homes sold at 95.8% of original list price, indicating consistent negotiating room.

PRICES
Dallas's median sales price was $445,000 in August 2026, up 4.5% from August 2025. Homes sold at a median of 95.8% of original list price. For context, the DFW Metroplex median was $389,000 and the Texas median was $330,000.

SALES ACTIVITY
A total of 758 homes closed in August 2026, a decline of 10.0% from August 2025. Sellers brought 1,426 new listings to market, and 674 properties went under contract. Median days on market was 32, down 17.9% from a year ago. Pending sales fell 20.6% year over year, the steepest decline among the report's measures, which points to softer contract activity heading into the fall.

INVENTORY
Active listings totaled 4,185 at the end of August 2026, down 8.7% from August 2025. With 1,426 new listings against 758 closings, supply continued to build during the month.

MARKET BALANCE
Months of inventory stood at 5.3, compared with 5.5 in August 2025. That compares with 4.4 months for the DFW Metroplex and 5.4 months statewide. The inventory decline came from fewer homes being listed rather than from faster absorption, since closed sales also fell.

Dallas Housing Market Outlook: Fall 2026

Dallas held 5.3 months of inventory in August, slightly better supplied than the DFW Metroplex at 4.4 months, with active listings down 8.7% and closings down 10.0%. The 4.5% increase in median price stands out against declines in most surrounding submarkets and reflects the breadth of the city's housing stock across price tiers. Pending sales fell 20.6%, the sharpest decline among the measures tracked, which points to softer closing volume through the fourth quarter. New listings at 1,426 continued to outpace the 758 monthly closings, so supply should keep building. If mortgage rates ease, the large active inventory gives the market room to absorb additional demand without immediate price pressure. Neighborhood-level conditions vary widely within the city, and citywide figures should be treated as a starting point rather than a substitute for local analysis.

Trending in Real Estate News

Realtor.com Research — The Best Time to Buy a Home Is the Week of Sept. 27 – Oct. 3 — Realtor.com's annual timing analysis names the week of September 27 through October 3 the most buyer-friendly week of 2026 nationally, with more active listings than earlier in the year and roughly $14,000 in savings on a median-priced home compared with the summer peak. The weeks immediately after are nearly as favorable.
MetroTex Association of REALTORS® — Monthly DFW Housing Market Reports — The regional association's own monthly data for the Dallas-Fort Worth Metroplex and Texas.
Zillow Research — Monthly Market Report — National sales and new-listing trends, useful for separating local movement from national conditions.
Redfin — 2026 Housing Market Mood: Buyers Cautious, Sellers Showing Up — Survey-based look at how buyers and sellers are approaching the market this year.

Numbers describe a market. They do not describe your home, your street, or your timeline. If you are weighing a move in Dallas, Cindy and Cory Dunnican are glad to walk through what this data means for your specific situation — no pressure, no obligation. Get in touch with The Dunnican Team or call 972-679-1789.

Frequently Asked Questions

Is now a good time to sell a home in Dallas?

The Dallas market currently favors buyers. Months of inventory stood at 5.3 in August 2026, against 4.4 months for the DFW Metroplex and 5.4 months statewide. Active listings fell 8.7% year over year, and homes sold at a median of 95.8% of their original list price. Whether it is the right time depends on your price point and timeline, which is worth discussing against recent closings in your specific neighborhood.

Is now a good time to buy a home in Dallas?

Dallas had 4,185 active listings at the end of August 2026 and 758 homes closed during the month, which works out to 5.3 months of supply. The median sale price was $445,000, up 4.5% from a year earlier. Homes closed at 95.8% of original list price, so there was negotiating room on properties that had been listed a while.

How long are homes taking to sell in Dallas?

Median days on market in Dallas was 32 days in August 2026, down 17.9% from August 2025. That figure measures time from listing to an accepted contract and does not include the weeks between contract and closing.

Are home prices rising or falling in Dallas?

The median sale price in Dallas was $445,000 in August 2026, a change of +4.5% from August 2025. A median reflects the midpoint of what sold, so it moves when the mix of homes selling changes as well as when values change.

How competitive is the Dallas housing market?

With 5.3 months of inventory, the Dallas market favors buyers. Homes closed at a median of 95.8% of original list price and 674 properties went under contract during August 2026. Under 4 months of supply generally favors sellers, 4 to 5 months is balanced, and above 5 months favors buyers.

What is the median home price in Dallas, TX?

The median sale price in Dallas was $445,000 in August 2026. For comparison, the DFW Metroplex median was $389,000 and the Texas statewide median was $330,000.

How much housing inventory is available in Dallas?

Dallas had 4,185 active listings at the end of August 2026, down 8.7% from a year earlier. Against 758 closed sales, that represents 5.3 months of supply.

How does the Dallas housing market compare to DFW and Texas overall?

Dallas's median sale price of $445,000 compares with $389,000 across the DFW Metroplex and $330,000 statewide. Inventory stood at 5.3 months locally, versus 4.4 months for the Metroplex and 5.4 months for Texas.

Source: NTREIS MLS market trends (Aug 1–Aug 31, 2026) with August 2025 comparison metrics. Regional and statewide benchmarks from MetroTex Association of REALTORS® August 2026 Housing Reports.

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