Is Dallas, TX 75237 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 20.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply20.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market24Listing to accepted offer
Median price per sq ft$201▲ +21.8% vs. last year

The Dallas housing market right now

In the three months ending August 31, 2026, 0% of homes in Dallas, TX 75237 sold above their list price, the typical home went under contract in 24 days and there were 20.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 38%, homes sold faster (29 days then) and the median sale price rose 70% to $449,306. Overall, Dallas is less competitive than a year ago, which gives buyers more room.

Within Dallas County, homes here sell faster than in 99% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, 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 20.8 months of supply in Dallas, TX 75237 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 24 days in the latest three months.

Do homes in Dallas sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 100.0% 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 $449,306 in the three months ending August 31, 2026, about $201 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