Dallas, TX Real Estate Market Update | Trends & Stats

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DALLAS, TX HOUSING MARKET UPDATE – MARCH 2026

Dallas Housing Market Update | Reporting Period: Mar 1–Mar 31, 2026 • Data via NTREIS

Dallas remains one of the most active housing markets in North Texas, drawing buyers from across the country thanks to its diverse job market, cultural offerings, and central location within the metroplex. March 2026 data shows the market in a surprisingly strong position—prices rose sharply year over year while transaction activity stayed broadly stable, and homes are still moving quickly relative to most of the surrounding region.

Key Highlights | Dallas Housing Market Update

Median Sold Price: $499,000 (+13.4% YoY)
Closed Sales: 823 (-3.1% YoY)
Active Listings: 3,948 (-3.8% YoY)
Months of Inventory: 4.8 (-2.0% YoY)

PRICES
The +13.4% year-over-year jump in median sold price—bringing it to $499,000—is the headline stat for Dallas in March. Monthly median figures in a market this large can reflect which neighborhoods and price bands were most active during the period, so one month doesn't tell the whole story. That said, the broad directional trend is upward, and homes are closing at 96.7% of original list price—a signal that sellers are pricing realistically and buyers are following. The market isn't bidding wars of 2021, but it isn't soft either.

SALES ACTIVITY
823 closed sales reflects a -3.1% dip from March 2025's pace—essentially flat, within the range of normal monthly variation. Transaction volume across the Dallas city limits remains substantial relative to almost any other market in the metro. Pending sales came in at 1,803, suggesting a healthy forward pipeline heading into the spring buying season. There's no sign here of a meaningful slowdown in buyer engagement.

INVENTORY
Active listings came in at 3,948, down -3.8% from last March. Fewer homes on the market year over year is a supportive signal for sellers—buyers have somewhat less choice than a year ago. New listings also dipped -6.7%, which means supply isn't replenishing as quickly as it was coming out of 2025. At 4.8 months of supply, the inventory picture reflects a market in genuine balance rather than one tilting sharply in either direction.

MARKET BALANCE
At 4.8 months of supply—just inside balanced territory—Dallas sits in a zone where neither side holds a clear structural advantage. The 27-day average DOM, while up slightly from last March, still represents a brisk pace. Well-priced properties in desirable neighborhoods continue to move efficiently. Buyers have meaningful options; sellers still have pricing power when they use it accurately.

What Sellers Need to Know

Median prices rose 13.4% year over year to $499,000—a strong signal of continued market confidence.
Homes are closing at 96.7% of original list price, meaning buyers are meeting sellers close to ask.
Active inventory ticked down slightly, reducing direct competition in your price range.
With just 27 average days on market, well-prepared and accurately priced listings are still moving quickly.

What Buyers Need to Know

At 4.8 months of supply, you have more choice than in the peak frenzy years—but Dallas isn't sitting still.
3,948 active listings mean meaningful selection across price ranges and neighborhoods.
Homes are still closing near list price, so coming in well below ask may not produce results.
Rising prices reinforce the cost of waiting—clarity and preparation matter when the right property appears.

2026 Dallas Housing Market Forecast

Dallas's spring market should remain active, supported by a strong job market, continued corporate relocations, and relative affordability compared to coastal metros. If mortgage rates ease from the current mid-6% range later in the year, demand could pick up meaningfully among buyers who have been sitting on the sidelines. The -3.1% dip in closed sales is worth watching but not yet a concern. If inventory continues to shrink while prices climb, some buyers may face renewed competition in the most popular submarkets. Sellers who price accurately and invest in presentation should continue to see solid results through spring. The key wildcard remains broader economic sentiment—particularly any pullback driven by trade or fiscal policy uncertainty heading into the second quarter.

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Questions about the Dallas market?

The Dunnican Team at Coldwell Banker Apex has deep roots in North Texas real estate and can help you understand what these numbers mean for your specific situation—whether you’re buying, selling, or keeping an eye on your investment. Call us at 972-679-1789 or visit thedunnicanteam.com.

Source: NTREIS MLS (Mar 1–Mar 31, 2026) with March 2025 comparison metrics from Texas REALTORS® Data Relevance Project (Dallas, March 2025).

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Dallas Housing Market — Frequently Asked Questions

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

The data for March 2026 supports a confident selling position in Dallas. The median sold price rose 13.4% year over year to $499,000, homes are closing at 96.7% of original list price, and the average days on market came in at just 27 days. Active listings dipped 3.8% from last March, meaning your home faces slightly less competition than it would have a year ago. With 1,803 pending sales recorded in March, buyer engagement heading into spring is strong. Sellers who price accurately to current comparables and present their homes well are seeing solid results — the market rewards preparation without requiring the urgency tactics of 2021.

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

Dallas offers more breathing room for buyers than it did during the peak frenzy years, but it's not a buyer's market. At 4.8 months of supply, conditions are balanced — you have 3,948 active listings to evaluate across a wide range of neighborhoods and price points, and you're not being forced into rushed decisions. That said, homes are still closing near list price at 96.7% SP/OLP and moving in 27 days on average, so attractive properties don't sit indefinitely. The 13.4% year-over-year price increase is a clear signal that waiting carries real cost. Come in prepared, pre-approved, and clear on your priorities — Dallas rewards buyers who move decisively on the right property.

How long are homes sitting on the market in Dallas?

Homes in Dallas averaged 27 days on market in March 2026 — up slightly from last March but still one of the faster paces among the Dallas metro communities we track. At 27 days, buyers have enough time to evaluate options without being completely rushed, but well-priced properties in desirable neighborhoods are not waiting around. The 27-day average masks significant variation across Dallas's many submarkets — some inner-loop and high-demand neighborhoods move considerably faster, while outer areas or overpriced listings can sit well beyond the average. Your agent's knowledge of the specific submarket matters here more than the city-wide figure.

Are home prices rising or falling in Dallas?

Home prices in Dallas rose meaningfully year over year. The median sold price came in at $499,000 in March 2026, a +13.4% increase from March 2025. In a market as large and diverse as Dallas, monthly median figures can shift based on which neighborhoods and price bands were most active during the period — so one month's reading doesn't capture the full picture. What reinforces the positive trend is the 96.7% sale-to-list ratio, which tells you buyers are consistently paying close to asking price. Prices aren't spiking the way they did in 2021–2022, but the directional trend is clearly upward and broadly supported by strong buyer demand.

How competitive is the Dallas housing market?

Dallas is a balanced but active market — competitive enough that buyers need to come prepared, but not so frenzied that every listing draws multiple offers. At 4.8 months of supply and 823 closed sales in March, the market is moving at a healthy pace with real buyer engagement. The 96.7% sale-to-list ratio and 27-day average DOM confirm that well-priced homes are attracting serious buyers quickly. Competition is most intense in popular inner-loop neighborhoods and well-regarded school districts where supply remains tightest. Buyers who are pre-approved, know their target areas well, and can move quickly when the right property appears will navigate Dallas successfully.

Have questions about buying or selling in Dallas? Talk to The Dunnican Team — we serve buyers and sellers across the Dallas metro and can help you navigate current market conditions with clear, data-driven guidance.

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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Real Estate Market Update

City of Dallas, TX

Explore This Month's City and Neighborhood Housing Update Reports

Dallas, TX Housing Market Update

DALLAS, TX HOUSING MARKET UPDATE – MARCH 2026