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

+$28,983(+7.1%)

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

# BEDSAug 2022Aug 2023CHANGE
1 $180.8K$185K
+2.3%
2 $313.9K$317.5K
+1.2%
3 $399.1K$403.7K
+1.1%
4 $599.8K$604.8K
+0.8%
5+ $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
+13.2%
University Park
+11.3%
Garland
+8.4%
Northeast Dallas
+7.8%
Dallas
+7.1%

Housing Supply

How many homes are available in Dallas, TX?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE
3,7343,914+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

# BEDSJul 2023Aug 2023CHANGE
1 207219
+5.8%
2 675703
+4.1%
3 1,4241,502
+5.5%
4 1,0281,055
+2.6%
5+ 400435
+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 2022Aug 2023CHANGE
93 Days61 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

Newest Listings

Nearby Markets

What housing markets are near Dallas, TX?