Housing Prices
How much do homes in Dallas, TX cost?
Median List Price
$436,305
$246/sqft
Based on all homes listed in the last 12 months.
Difference Since August 2022
Key Takeaway
The list price of homes in Dallas has increased by 7.1% since last year.
Summary: The median home list price in Dallas was $436,305 in August 2023, up 7.1% from the previous year, and the median price per square foot was $246.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2022 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180.8K | $185K | +2.3% |
| 2 Bedrooms | $313.9K | $317.5K | +1.2% |
| 3 Bedrooms | $399.1K | $403.7K | +1.1% |
| 4 Bedrooms | $599.8K | $604.8K | +0.8% |
| 5+ Bedrooms | $1.3M | $1.4M | +9.9% |
Summary: Dallas housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes increased by 2.3%, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 9.9%.
Median List Price Compared To Nearby Cities
| Sunnyvale | $649.9K | $735.5K | +13.2% |
| University Park | $1.7M | $1.9M | +11.3% |
| Garland | $295K | $319.9K | +8.4% |
| Northeast Dallas | $367.4K | $396K | +7.8% |
| Dallas | $407.3K | $436.3K | +7.1% |
Housing Supply
How many homes are available in Dallas, TX?
Number of Homes For Sale
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 3,734 | 3,914 | +4.8% |
Summary: The Dallas real estate market had 3,914 homes for sale in August 2023, a 4.8% increase compared to July 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 207 | 219 | +5.8% |
| 2 Bedrooms | 675 | 703 | +4.1% |
| 3 Bedrooms | 1,424 | 1,502 | +5.5% |
| 4 Bedrooms | 1,028 | 1,055 | +2.6% |
| 5+ Bedrooms | 400 | 435 | +8.8% |
Summary: The Dallas housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 5.8%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 8.8%.
Days on Market
How long does it take to sell a home in Dallas, TX?
Average Listing Age
| Aug 2022 | Aug 2023 | CHANGE |
|---|---|---|
| 93 Days | 61 Days | -34.2% |
Summary: Homes in Dallas had an average listing age of 61 days in Aug 2023, down by 34.2% compared to the previous year.
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