Is Dallas, TX 75246 a buyer’s or seller’s market?
Dallas is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Dallas housing market right now
In the three months ending August 31, 2026, 33% of homes in Dallas, TX 75246 sold above their list price, the typical home went under contract in 46 days and there were 5.3 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. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (51 days then) and the median sale price fell 22% to $384,334. Overall, Dallas is more competitive than a year ago, so tougher for buyers.
Within Dallas County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Dallas 75237 (0% sold over asking) or Dallas 75226 (0% sold over asking).
Run the numbers for 75246
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 →Towns like Dallas nearby
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Questions about Dallas real estate
Is Dallas a buyer’s or seller’s market?
A balanced market: there were 5.3 months of supply in Dallas, TX 75246 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 46 days in the latest three months.
Do homes in Dallas sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 94.8% 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 $384,334 in the three months ending August 31, 2026, about $256 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