Berkshire Hathaway HomeServices PenFed Realty Texas' Real Estate Market Report
Dallas, TX
Single-Family Homes
www.WeKnowTX.com
Dallas, TX
Wed Jun 24 2026
This week the median list price for Dallas, TX is $558,950 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has increased to 2,774.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.
Real-Time Market Profile
| Median List Price | $558,950 | |
| Median Price of New Listings | $584,950 | |
| Per Square Foot | $263 | |
| Average Days on Market | 107 | |
| Median Days on Market | 63 | |
| Price Decreased | 47% | |
| Price Increased | 1% | |
| Relisted | 11% | |
| Inventory | 2,774 | |
| Median Rent | ||
| Market Action | 35 | |
| Slight Seller's Advantage | ||
While this week the median price didn’t fluctuate much, we are relatively close to the market’s high price point and have had an upward price trend over the last few weeks. 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 |
|---|---|---|---|---|---|---|---|---|
| $2,069,500 | 4,484 | 0.25 - 0.5 acre | 5 | 4.5 | 12 | 42 | 59 | 63 |
| $749,000 | 2,553 | 6,500 - 8,000 sqft | 4 | 3 | 48 | 72 | 70 | 56 |
| $425,000 | 1,881 | 6,500 - 8,000 sqft | 3 | 2 | 54 | 42 | 61 | 77 |
| $250,000 | 1,340 | 6,500 - 8,000 sqft | 3 | 2 | 70 | 54 | 83 | 63 |