Is Dallas, TX 75287 a buyer’s or seller’s market?
Dallas is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 42% of U.S. ZIP codes, and #108 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, 19% of homes in Dallas, TX 75287 sold above their list price, the typical home went under contract in 35 days and there were 4.3 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. That’s based on 66 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 11%, homes sold faster (39 days then) and the median sale price fell 5% to $463,300. Overall, Dallas is more competitive than a year ago, so tougher for buyers.
Within Collin County, homes here sell faster than in 89% of the county’s ZIP codes, and sell more often over asking than in 93%. On our competition score, Dallas ranks #108 of 868 TX ZIP codes with enough sales (score 43 out of 100).
Nearby, buyers who want less competition could look at Lavon 75166 (3% sold over asking) or Blue Ridge 75424 (3% sold over asking).
Run the numbers for 75287
Nearby markets
Allen 75002Seller’s market $218 /sq ftAllen 75013Seller’s market $223 /sq ftAnna 75409Balanced $166 /sq ftBlue Ridge 75424Balanced $184 /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 4.3 months of supply in Dallas, TX 75287 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 35 days in the latest three months.
Do homes in Dallas sell over asking?
19% of homes sold above their original list price, and the typical sale closed at 98.1% of the list price.
What are property taxes in Dallas?
About 1.58% of a home’s value a year in Collin County, or roughly $6,320 on a $400,000 home.
What is the median home price in Dallas?
The median sale price was $463,300 in the three months ending August 31, 2026, about $230 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