Is Dallas, TX 75229 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Dallas is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score33/ 100

More competitive than 31% of U.S. ZIP codes, and #235 of 868 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4Under 4 months = seller’s market
Sold above original list13.4%Share of sales, last 3 months
Median sale-to-list97.8%Sold price ÷ list price
Median days on market47Listing to accepted offer
Median price per sq ft$335▼ −2.3% vs. last year

The Dallas housing market right now

In the three months ending August 31, 2026, 13% of homes in Dallas, TX 75229 sold above their list price, the typical home went under contract in 47 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 100 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 23%, homes sold more slowly (32 days then) and the median sale price rose 3% to $877,120. Overall, Dallas is less competitive than a year ago, which gives buyers more room.

Within Dallas County, homes here sell more slowly than in 54% of the county’s ZIP codes, and sell less often over asking than in 55%. On our competition score, Dallas ranks #235 of 868 TX ZIP codes with enough sales (score 33 out of 100).

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 balanced market: there were 4 months of supply in Dallas, TX 75229 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 47 days in the latest three months.

Do homes in Dallas sell over asking?

13% of homes sold above their original list price, and the typical sale closed at 97.8% 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 $877,120 in the three months ending August 31, 2026, about $335 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