Housing Prices in Northwest Dallas, TX
How much do homes in Northwest Dallas, TX cost?
Median List Price
$682,663
$340/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Northwest Dallas has increased by 18.7% since last year.
Summary: The median home list price in Northwest Dallas was $682,663 in May 2024, up 18.7% from the previous year, and the median price per square foot was $340.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $186.4K | $185K | -0.8% |
| 2 Bedrooms | $350K | $359.9K | +2.9% |
| 3 Bedrooms | $580K | $615K | +6.0% |
| 4 Bedrooms | $1.3M | $1.4M | +0.9% |
| 5+ Bedrooms | $1.5M | $1.5M | -0.3% |
Summary: Northwest Dallas housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.8%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 0.3%.
Median List Price Compared To Nearby Neighborhoods
| Northwest Dallas | $575K | $682.6K | +18.7% |
| Arlington Park | $225K | $239K | +6.2% |
| Arlington Park | $225K | $239K | +6.2% |
Housing Supply in Northwest Dallas, TX
How many homes are available in Northwest Dallas, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 256 | 259 | +1.2% |
Summary: The Northwest Dallas real estate market had 259 homes for sale in May 2024, a 1.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 6 | +50.0% |
| 2 Bedrooms | 67 | 62 | -7.5% |
| 3 Bedrooms | 73 | 76 | +4.1% |
| 4 Bedrooms | 65 | 71 | +9.2% |
| 5+ Bedrooms | 47 | 44 | -6.4% |
Summary: The Northwest Dallas housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 7.5%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes decreased by 6.4%.
Days on Market for Northwest Dallas, TX
How long does it take to sell a home in Northwest Dallas, TX?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 115 Days | 80 Days | -30.3% |
Summary: Homes in Northwest Dallas had an average listing age of 80 days in May 2024, down by 30.3% compared to the previous year.
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