Dallas

TXDallas-Fort Worth-Arlington

Real Estate Market Analysis

Q3 2025 Report
$599,338 (Dallas County, May 2025)
Median Home Price
~1.3 million (city); ~7.9 million (DFW metro)
Population
$76,000 (DFW metro, 2024 est.)
Median Income
Dallas ISD: B (Texas Education Agency, 2024)
School District Rating

Market Overview

Property Values

$599,338 (Dallas County, May 2025)
Median Home Price
$235 (condos, May 2025)
Price per Sq Ft
-2.8% to -8% (May 2024–2025, varies by segment)
YoY Change

Market Performance

Days on MarketUp 28.6% YoY (Dallas County); condos: 86 days (+8.86%)
Market TypeBuyer's market (66% of homes selling below list price, inventory at 20-year highs)
Months of Supply8.2 months (condos, May 2025); overall inventory up 53% YoY

Sales Activity

Sales Volume9,195 sales in May 2025 (down 2.51% YoY); 36,955 YTD (down 2.03%)
Metro AreaDallas-Fort Worth-Arlington
Population~1.3 million (city); ~7.9 million (DFW metro)

Economic Indicators

Employment & Growth

Unemployment Rate~3.9% (DFW, Q2 2025, est.)
Job Growth Rate~2.1% YoY (2024–2025, est.)
Median Household Income$76,000 (DFW metro, 2024 est.)

Major Employers

  • American Airlines
  • AT&T
  • Southwest Airlines
  • Texas Instruments
  • Baylor Scott & White Health

Demographics

~1.3 million (city); ~7.9 million (DFW metro)
Population
33.6 (Dallas city); 36.5 (DFW metro)
Median Age
~1.3% YoY (DFW metro, 2024–2025)
Population Growth
34% bachelor’s degree or higher (DFW metro)
Education Level

Family Composition

Diverse; 28% families with children, strong millennial and Gen Z presence

Key Industries

TechnologyAerospace & AviationHealthcareFinanceLogistics & Distribution

Education

School District

Dallas ISD: B (Texas Education Agency, 2024)
District Rating

Top Schools

  • School for the Talented and Gifted
  • School of Science and Engineering
  • Booker T. Washington High School for the Performing and Visual Arts

Higher Education

  • Southern Methodist University
  • University of Texas at Dallas
  • Dallas College

Infrastructure & Development

Major Projects

  • Dallas Midtown redevelopment
  • Southern Gateway Park
  • Texas Central High-Speed Rail (planning phase)

Transportation

  • DART Silver Line expansion
  • I-635 LBJ East Project
  • DFW Airport upgrades

Planned Developments

  • Mixed-use projects in Uptown, Deep Ellum, and Trinity Groves

Lifestyle & Amenities

Recreation

  • Klyde Warren Park
  • White Rock Lake
  • Dallas Arboretum

Dining & Entertainment

  • Deep Ellum nightlife
  • Bishop Arts District
  • Legacy West

Cultural Attractions

  • Dallas Museum of Art
  • Perot Museum of Nature and Science
  • AT&T Performing Arts Center

Investment Analysis

Investment Opportunities

  • Discounted purchases due to price corrections
  • Strong rental demand in urban core
  • Luxury segment resilience

Growth Outlook

Moderate; price stabilization expected late 2025 as inventory normalizes

Market Risks

  • Further price declines in entry/mid-market
  • Rising property taxes and insurance costs
  • Longer days on market

Rental Market

Strong, especially for single-family and luxury rentals; condo rental demand softer

Marketing Intelligence

Target Demographics

  • Millennials (age 28–43)
  • Relocating professionals
  • Investors seeking value

Marketing Channels

  • Zillow/Realtor.com
  • Instagram/Facebook
  • Local real estate podcasts

Pricing Strategies

List slightly below recent comps to drive interest; expect negotiation below list

Common Objections & Response Strategies

Objection: Will prices fall further?

Response Strategy:

Emphasize current discounts, increased selection, and the risk of missing the bottom as inventory stabilizes.

Objection: Mortgage rates are too high.

Response Strategy:

Highlight seller concessions (rate buydowns), and potential for refinancing when rates drop.

Objection: Too much inventory—hard to sell.

Response Strategy:

Advise on competitive pricing, staging, and unique property features to stand out.

Professional Recommendations

1

Advise buyers to act while inventory is high and sellers are motivated.

2

Encourage sellers to price competitively and offer concessions.

3

Leverage digital marketing and staging to differentiate listings.

4

Educate clients on market shifts and realistic expectations.

5

Monitor submarket trends for emerging opportunities.

Competitive Analysis

Comparable Markets

  • Houston
  • Austin
  • Phoenix

Market Positioning

Value-oriented, high-growth metro with increased buyer leverage in 2025

Competitive Advantages

  • Lower median price than Austin
  • Diverse job market
  • Strong population growth

Price Comparison

Dallas median home price ($599K) is lower than Austin ($670K) but higher than Houston ($410K)

Investment Metrics

4.8%–5.6% (single-family rentals, 2025)
Cap Rates
5.2% (metro average)
Rental Yields
18–20 (city core)
Price-to-Rent
Positive in most submarkets with 20%+ down payment
Cash Flow
Flat to +2% in 2026 after 2025 correction
Appreciation

Buyer Journey Insights

First-Time Buyers

More options, less competition, but cautious about timing the bottom; focus on affordability and incentives.

Move-Up Buyers

Opportunity to trade up with less pressure to waive contingencies; can negotiate on price and terms.

Downsizers

Benefit from high inventory and stable luxury segment; prioritize low-maintenance homes.

Investors

Discounted entry points, especially in mid-tier/entry-level; focus on cash flow and value-add.

Relocators

Strong job market and lifestyle amenities; can take time to find ideal property.

This city analysis was generated using comprehensive market data and AI intelligence.

Market conditions change rapidly - consult with local real estate professionals for the most current information.

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