Is Dallas, TX 75254 a buyer’s or seller’s market?
Dallas is a balanced market. With about 5.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 11% of U.S. ZIP codes, and #633 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
The Dallas housing market right now
In the three months ending August 31, 2026, 10% of homes in Dallas, TX 75254 sold above their list price, the typical home went under contract in 68 days and there were 5.2 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 40 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 5%, homes sold more slowly (54 days then) and the median sale price fell 21% to $249,892. Overall, Dallas is about as competitive as it was a year ago.
Within Dallas County, homes here sell more slowly than in 88% of the county’s ZIP codes, and sell less often over asking than in 73%. On our competition score, Dallas ranks #633 of 868 TX ZIP codes with enough sales (score 17 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.
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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
Find towns like Dallas in other states →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 5.2 months of supply in Dallas, TX 75254 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 68 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 96.3% 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 $249,892 in the three months ending August 31, 2026, about $217 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