Inside DFW Real Estate

wylie, texas real estate market update

Wylie home prices stayed nearly flat in July while homes sold faster than a year ago. Here's the full monthly breakdown for this Collin County market

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monthly market update

Wylie's median home price held nearly flat in July 2026 at $395,000, down just 1.0% year over year, while closed sales fell 17.2% to 53. Active listings dipped 4.2% to 249, and months of inventory eased to 4.7, keeping the market close to balanced. Homes averaged just 40 days on market — down sharply from a year ago — and closed at a strong 96.2% of original list price.

Wylie, TX Housing Market Update | Reporting Period: July 1–31, 2026

Key Highlights | Wylie Housing Market Update

Median Price: $395,000 (-1.0% year over year)
Closed Sales: 53 (-17.2% year over year)
Active Listings: 249 (-4.2% year over year)
Months of Inventory: 4.7 (down from 4.9 last July)

Wylie, in Collin County, held pricing nearly flat this July even as the pace of sales slowed more noticeably — a market cooling in tempo without giving up much ground on value.

PRICES
Median price was $395,000, down just 1.0% from July 2025 — close enough to flat to call it stable. Price per square foot fell a bit more, down 5.2% to $178.66, suggesting some shift in home size mix alongside the modest price softening.

SALES ACTIVITY
Wylie closed 53 sales in July, down 17.2% from a year ago — a meaningful slowdown in pace even with pricing holding steady.

INVENTORY
Active listings fell 4.2% year over year to 249. Months of inventory eased slightly to 4.7, down two-tenths of a month from last July.

MARKET BALANCE
At 4.7 months of supply, Wylie sits just inside balanced territory, leaning slightly toward buyers. Days on market fell sharply to 40, down 35 days from last July, and homes are closing at a strong 96.2% of original list price.

What Sellers Need to Know

Pricing has held nearly steady, down just 1.0% year over year.
Homes are still moving quickly — 40 days on market on average, well down from a year ago.
The strong 96.2% close-to-list ratio shows well-priced listings are commanding near-asking offers.
The $300K–$399K band leads Wylie's market at 45.1% of closed sales.

What Buyers Need to Know

At 4.7 months of supply, Wylie is close to balanced — you'll find reasonable, if not extreme, negotiating room.
Median price has barely moved, so you're not chasing a fast-rising market.
Be ready to act: the 40-day average time on market means good homes go quickly.
Nearly 80% of closed sales fell between $300K and $499K.

2026 Wylie Housing Market Forecast

If sales activity stabilizes closer to last year's pace, expect Wylie's currently balanced conditions to hold through the rest of the year without a major shift toward either buyers or sellers. Pricing has proven resilient so far and should continue to hold relatively steady barring a broader change in demand. If mortgage rates ease, watch for the sales slowdown to reverse, which could tighten the market again. Sellers who price competitively should continue to see quick results given the brisk 40-day average time on market.

Trending in Real Estate News

Realtor.com: National inventory continues climbing even as mortgage rates hover near 6.67%, giving buyers more room to negotiate heading into fall. Read more
Redfin: Pending home sales edged up slightly in early August after a slow summer, though they remain below last year's pace nationally. Read more
MetroTex Association of REALTORS®: North Texas inventory growth is starting to slow, with DFW posting modest year-over-year declines in active listings — an early sign the region may be stabilizing. Read more
Zillow: Zillow's latest national forecast calls for roughly flat home price growth over the next year, with Dallas-area metros among those it expects to see modest price declines. Read more

Thinking about buying or selling in Wylie? The Dunnican Team would love to help you make sense of what these numbers mean for your specific situation. Reach out anytime — we're happy to talk through your options, no pressure, no obligation.

Source: Texas REALTORS® MarketViewer — NTREIS data via the Texas REALTOR® Data Relevance Project, MetroTex Association of REALTORS® (July 1–31, 2026, compared to July 2025). The Dunnican Team at Coldwell Banker Apex, Realtors® | TREC License #0461619 | Designated Broker: Lori Arnold | Equal Housing Opportunity

Wylie Housing Market FAQs

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

Yes, for well-priced homes. Days on market fell sharply to 40, and the close-to-list ratio sits at a strong 96.2%. Median price has held nearly flat, down just 1.0% year over year.

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

Conditions are close to balanced, at 4.7 months of supply. You'll have reasonable selection, but should be ready to act — homes here are moving quickly.

How long are homes sitting on the market in Wylie?

The average is 40 days on market, down 35 days from July 2025. Add the typical 29 days from contract to close, and the full process runs about 69 days.

Are home prices rising or falling in Wylie?

Prices are essentially stable, down just 1.0% year over year to $395,000. Price per square foot fell a bit more, 5.2% to $178.66, suggesting some shift in the size of homes selling.

How competitive is the Wylie housing market right now?

Close to balanced, at 4.7 months of supply. Closed sales are down 17.2% year over year, but the sharp drop in days on market shows demand remains solid for well-priced homes.

Contact The Dunnican Team

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