Berkshire Hathaway HomeServices PenFed Realty Texas' Real Estate Market Report

Dallas, TX

Single-Family Homes

www.WeKnowTX.com



Dallas, TX

Wed May 13 2026
This week the median list price for Dallas, TX is $540,000 with the market action index hovering around 36. This is an increase over last month's market action index of 35. Inventory has increased to 2,754. Click here to stay informed with the Dallas market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Dallas, TX

Wed May 13 2026
This week the median list price for Dallas, TX is $540,000 with the market action index hovering around 36. This is an increase over last month's market action index of 35. Inventory has increased to 2,754. Click here to stay informed with the Dallas market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Dallas market.
Median List Price $540,000
Median Price of New Listings $618,750
Per Square Foot $263
Average Days on Market 106
Median Days on Market 56
Price Decreased 42%
Price Increased 1%
Relisted 10%
Inventory 2,754
Median Rent
Market Action 36
Slight Seller's Advantage

Prices hit another all time high this week. Given current conditions, prices continue to march higher. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,150,000 4,545 0.25 - 0.5 acre 5 4.5 12 68 84 49
$726,992 2,500 6,500 - 8,000 sqft 3 3 51 68 81 49
$415,000 1,866 6,500 - 8,000 sqft 3 2 56 47 67 56
$255,000 1,330 6,500 - 8,000 sqft 3 2 70 59 104 63