Is Dallas, TX 75202 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Dallas is a buyer’s market. With about 8.3 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8.3Under 4 months = seller’s market
Sold above original list10%Share of sales, last 3 months
Median sale-to-list93.8%Sold price ÷ list price
Median days on market127Listing to accepted offer
Median price per sq ft$250▼ −19.3% vs. last year

The Dallas housing market right now

In the three months ending August 31, 2026, 10% of homes in Dallas, TX 75202 sold above their list price, the typical home went under contract in 127 days and there were 8.3 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 10 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (83 days then) and the median sale price rose 8% to $254,890. Overall, Dallas is less competitive than a year ago, which gives buyers more room.

Within Dallas County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 78%.

Nearby, buyers who want less competition could look at Dallas 75237 (0% sold over asking) or Dallas 75226 (0% sold over asking), while Dallas 75246 (33% sold over asking) and Hutchins 75141 (31% sold over asking) are even more competitive.

Nearby markets

Addison 75001Balanced $259 /sq ftBalch Springs 75180Balanced $164 /sq ftCarrollton 75006Balanced $202 /sq ftCedar Hill 75104Seller’s market $168 /sq ft Browse all markets →

Where Dallas is

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Questions about Dallas real estate

Is Dallas a buyer’s or seller’s market?

A buyer’s market: there were 8.3 months of supply in Dallas, TX 75202 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Dallas?

The typical home went under contract in 127 days in the latest three months.

Do homes in Dallas sell over asking?

10% of homes sold above their original list price, and the typical sale closed at 93.8% of the list price.

What are property taxes in Dallas?

About 1.58% of a home’s value a year in Dallas County, or roughly $6,320 on a $400,000 home.

What is the median home price in Dallas?

The median sale price was $254,890 in the three months ending August 31, 2026, about $250 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology