Is Dallas, TX 75232 a buyer’s or seller’s market?

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

Dallas is a seller’s market. With about 3.4 months of supply and 15% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score38/ 100

More competitive than 37% of U.S. ZIP codes, and #164 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 supply3.4Under 4 months = seller’s market
Sold above original list15.1%Share of sales, last 3 months
Median sale-to-list98.7%Sold price ÷ list price
Median days on market62Listing to accepted offer
Median price per sq ft$164▼ −0.5% vs. last year

The Dallas housing market right now

In the three months ending August 31, 2026, 15% of homes in Dallas, TX 75232 sold above their list price, the typical home went under contract in 62 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 55 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 6%, homes sold more slowly (42 days then) and the median sale price held steady to $259,888. Overall, Dallas is about as competitive as it was a year ago.

Within Dallas County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell more often over asking than in 60%. On our competition score, Dallas ranks #164 of 868 TX ZIP codes with enough sales (score 38 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 seller’s market: there were 3.4 months of supply in Dallas, TX 75232 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 62 days in the latest three months.

Do homes in Dallas sell over asking?

15% of homes sold above their original list price, and the typical sale closed at 98.7% 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 $259,888 in the three months ending August 31, 2026, about $164 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