Markets  ›  TX  ›  Dallas – Fort Worth

Dallas – Fort Worth, TX housing market

Dallas – Fort Worth, TX metro median sale price $389K in Jul–Sep 2026, down 0.8% year over year.

The median sale price in the Dallas – Fort Worth, TX metro is $389K over Jul–Sep 2026, down 0.8% from the same 3 months a year earlier. The decline is steeper than in most of the 383 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro points the other way: up 0.5% through Q2 2026.

On median sale price, Dallas – Fort Worth ($389K) ranks 2nd of the 23 Texas metros with that figure, between Austin ($421K) and Houston ($333K). On median days on market, Dallas – Fort Worth (62 days) ranks 18th of the 25 Texas metros, between Laredo (65 days) and Wichita Falls (59 days). On share of listings with a price cut, Dallas – Fort Worth (44%) ranks 2nd of the 25 Texas metros, between Midland (46%) and Tyler (43%).

Listings spent a median 62 days on market in Sep 2026, more than in most of the 385 metros. 44% of active listings carry a price cut; the 3-month average vs a year earlier is 1.6 points lower. That share is higher than in most of the 385 metros. Median asking prices sit about 9% above the median sale price. Building permits authorized 5,066 new housing units in Sep 2026.

At the 7.12% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $2,094 a month; at 28% of gross income, that takes about $90K a year. The median sale price equals about 14 years of HUD Fair Market Rent, a ratio up 6.0% from a year earlier. That ratio is lower than in most of the 373 metros. Active listings ask a median $198 per square foot; the 3-month average vs a year earlier is down 2.1%.

In 10 of the 12 ZIP codes in the table below, median list prices are lower than a year earlier; two are higher.

Headline

Median sale price

Jul–Sep 2026

$389K

-0.8% year-over-year

How it’s calculated

Average of the last three monthly median sale prices vs. the same three months a year earlier.

Mortgage rate

Nov 4, 2026

7.12%

30-year fixed

Where it comes from

National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.

The same rate appears on every market page.

Monthly payment

Principal & interest

$2,094/mo

$90K/yr income needed

How it’s calculated

Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.

Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.

How Dallas – Fort Worth compares to other U.S. metros

Home-price growth↓316th of 383
Price cuts↑83rd of 385 (top 22%)
Asking-vs-sale gap↑93rd of 291 (top 32%)
Price-to-rent↓253rd of 373
Days on market↑145th of 385 (top 38%)

Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.

Affordability

Price-to-rent ratio≈ 14 +6.0% YoY
↓253rd of 373
Asking price / sq ft$198 -2.1% 3-month average vs a year earlier

Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.

Market pressure

Listings with a price cut≈ 44% -1.6 pts 3-month average vs a year earlier
↑83rd of 385 (top 22%)
New housing units permitted5,066

The median asking price $422K runs about 9% above the median sale price $389K.

Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. New housing units authorized by residential building permits in the metro that month — new supply in the pipeline, which counts of existing listings don't capture (US Census Bureau, Building Permits Survey), as of Sep 2026. Asking is the median list price of active listings (Realtor.com, Sep 2026); sale is the headline median of recent closings (Redfin, Jul–Sep 2026) — distinct sources and windows, so the gap is a directional read, not a like-for-like difference. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.

Market facts

ZIPs with listing data12 shown of 264
MLS board of recordNorth Texas Real Estate Information Systems (NTREIS)
Price methodologyRedfin vs FHFA HPI
Sale-price windowJul–Sep 2026

Recent signals

No signals flagged for this market right now.

Recent notable readings

Readings from the latest data that sit at one end of the U.S. metros Pecan Street tracks, from the nightly cross-metro comparison. They are not signal alerts.

Housing Economy

Dallas – Fort Worth · ConstructionCOPIED

Dallas – Fort Worth builders pulled 9.3% fewer single-family permits than a year earlier

Single-family building permits in the Dallas – Fort Worth metro area, by month, one line per year, units

AprJulOct1,9502,6003,2503,9004,55020252026
AprJulOct1,9502,6003,2503,9004,55020252026
2024
Chart data
Month202420252026
Dec3,6152,462—
Nov2,8992,324—
Oct3,6432,943—
Sep3,4432,8772,828
Aug4,1212,8763,146
Jul4,2463,2943,482
Jun3,8543,5053,633
May4,4473,7693,744
Apr4,4234,2633,811
Mar3,9433,8103,764
Feb3,8873,8283,258
Jan3,5163,4112,496

Source: U.S. Census Bureau, Building Permits Survey · data through September 2026

Builders in the Dallas – Fort Worth metro area pulled 37,891 single-family permits in the twelve months through September 2026, 9.3% fewer than in the twelve months before. So far in 2026, permits are running 4.7% below the same months of 2025.

Why it matters. Permits come before starts, and starts come before new homes for sale, so this is the earliest read on how much new building is planned in the Dallas – Fort Worth area. When the permit pipeline shrinks, buyers see fewer new-build options later; when it grows, sellers of existing homes face more competition from builders.

Dallas – Fort Worth · Home pricesCOPIED

Dallas – Fort Worth home prices are 0.5% higher than a year ago

Home prices in the Dallas – Fort Worth metro area, change from a year earlier, FHFA all-transactions index, quarterly, percent; shaded bars mark recessions

19801990200020102020-10%0%10%20%30%Dallas – Fort Worth
19801990200020102020-10%0%10%20%30%Dallas – Fort Worth
No changeRecession
Chart data
DateDallas – Fort Worth
Jun 20260.5%
Mar 20261.5%
Dec 2025-0.2%
Sep 20250.6%
Jun 20250.7%
Mar 20251.4%
Dec 20243.9%
Sep 20242.1%
Jun 20242.9%
Mar 20243.1%
Dec 20231.9%
Sep 20230.6%
Jun 20231.9%
Mar 20238.8%
Dec 202214.7%
Sep 202222.4%
Jun 202227.7%
Mar 202225.3%
Dec 202121.4%
Sep 202118.7%
Jun 202113.1%
Mar 20216.7%
Dec 20204.9%
Sep 20203.4%
Jun 20202.8%
Mar 20204.1%
Dec 20194.3%
Sep 20193.8%
Jun 20194%
Mar 20194.3%
Dec 20185%
Sep 20185.9%
Jun 20186.5%
Mar 20188.6%
Dec 20179.2%
Sep 20179.9%
Jun 201710.4%
Mar 201710.2%
Dec 201610.1%
Sep 20169.7%
Jun 201610.3%
Mar 201610.1%
Dec 201510.4%
Sep 201510.2%
Jun 20159.4%
Mar 20159.1%
Dec 20148.8%
Sep 20149%
Jun 20148.9%
Mar 20148.2%
Dec 20136.6%
Sep 20136.3%
Jun 20135.3%
Mar 20133.2%
Dec 20122.2%
Sep 20120.9%
Jun 20121.4%
Mar 20120%
Dec 2011-1.6%
Sep 2011-2%
Jun 2011-2.7%
Mar 2011-1.8%
Dec 2010-0.3%
Sep 20100.5%
Jun 2010-1.9%
Mar 2010-3%
Dec 2009-1.3%
Sep 2009-1%
Jun 20090.3%
Mar 20091.3%
Dec 20080.6%
Sep 20080.8%
Jun 20080.4%
Mar 20082.3%
Dec 20072.3%
Sep 20072.4%
Jun 20074%
Mar 20072.9%
Dec 20062.8%
Sep 20062.7%
Jun 20063.1%
Mar 20063.5%
Dec 20053.2%
Sep 20053.6%
Jun 20052.9%
Mar 20052.5%
Dec 20042.7%
Sep 20042%
Jun 20042.1%
Mar 20041.9%
Dec 20031.8%
Sep 20032.1%
Jun 20033.3%
Mar 20033.5%
Dec 20023.5%
Sep 20024.1%
Jun 20023.5%
Mar 20024.2%
Dec 20016.5%
Sep 20016.5%
Jun 20017%
Mar 20017%
Dec 20006.1%
Sep 20006.1%
Jun 20006.2%
Mar 20006.8%
Dec 19995.8%
Sep 19995.8%
Jun 19996.5%
Mar 19995%
Dec 19985.7%
Sep 19985.9%
Jun 19984.8%
Mar 19984.9%
Dec 19974%
Sep 19973%
Jun 19972.7%
Mar 19971.8%
Dec 19962%
Sep 19962.5%
Jun 19963.3%
Mar 19965%
Dec 19953.9%
Sep 19952.7%
Jun 19950.7%
Mar 1995-1.4%
Dec 1994-1.1%
Sep 19940%
Jun 19940.9%
Mar 19942.3%
Dec 19932%
Sep 19931.4%
Jun 19932.5%
Mar 19930.7%
Dec 19922.1%
Sep 19923.7%
Jun 19921.4%
Mar 19923%
Dec 19913%
Sep 19910.5%
Jun 19911.3%
Mar 19911.1%
Dec 1990-0.7%
Sep 1990-0.4%
Jun 19901.1%
Mar 19901%
Dec 19890.8%
Sep 1989-0.3%
Jun 1989-4.6%
Mar 1989-5.2%
Dec 1988-4.9%
Sep 1988-6.1%
Jun 1988-4%
Mar 1988-7.8%
Dec 1987-7.7%
Sep 1987-5.5%
Jun 1987-6.2%
Mar 19870.4%
Dec 19861.1%
Sep 19862.1%
Jun 19864.1%
Mar 19864.1%
Dec 19854.2%
Sep 19853.9%
Jun 19855.5%
Mar 19855.3%
Dec 19845.1%
Sep 19847.6%
Jun 19846.8%
Mar 19846.8%
Dec 198311%
Sep 198311.3%
Jun 198313.8%
Mar 19834%
Dec 198212.6%
Sep 19820.3%
Jun 1982-2.1%
Mar 19827%
Dec 1981-2.8%
Sep 19818.7%
Jun 198110.2%
Mar 19819.7%
Dec 198011.1%
Sep 198012.8%
Jun 198012%
Mar 198020%
Dec 197920%
Sep 197919.3%
Jun 197919.1%
Mar 197920.3%
Dec 197821.4%
Sep 197822.9%
Jun 197810.3%
Mar 197815.6%
Dec 197716.6%
Sep 197711.4%
Jun 197713.5%
Mar 197712.4%
Dec 19763.5%

Source: FHFA house price index; recession dates from NBER · data through Q2 2026

FHFA's all-transactions index for the Dallas – Fort Worth metro area in the second quarter of 2026 was 0.5% above its level a year earlier. Since 1976, prices have risen an average of 4.9% a year. Nationally, prices were 3.0% higher than a year earlier.

Why it matters. Long-run context shows how the latest change in Dallas – Fort Worth home prices compares with the market's own history, including the recessions shaded on the chart. When appreciation slows, sellers have less room for a list price to run ahead of recent sales, and buyers feel less pressure to stretch to keep up; when it speeds up, the reverse holds: list prices can run ahead of recent sales and buyers compete harder.

Price reconciliation

normal · 1.3pp

Redfin (metro)

-0.8%

FHFA HPI · Q2 2026

+0.5%

Year-over-year home-price change from two independent methods — Redfin (sale prices over the last 3 months) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.

Market dispatches

Citable market dispatches for Dallas – Fort Worth → Latest dispatch: Jul 10, 2026.

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ZIP-level data

ZIPMedian list priceActive listingsNew listingsPrice reductionsDays on marketHome value
75009$559K↓422↑124↑192↑66$516K↓
75035$675K↓317↑80↓140↑71↑$640K↓
75068$440K↓409↑104↓168↓68↑$391K↓
75071$525K↓443↑148↓196↑58↑$476K↓
75078$829K↓362↑72↑152↑72$736K↓
75126$330K↓713↓140↑300↑78↓$306K↓
75189$330K↓398↓76↑148↑73↓$316K↓
75407$300K↓340↓152↓104↓59↑$282K↓
76065$549K↑313↑80↓124↑80↑$458K↓
76179$350K↓401↑132↑184↑64↓$316K↓
76226$630K↑353↓92↓140↓64↑$579K↓
76227$375K↓608↑152↓236↓71↑$347K↓

ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.