Dallas, TX Housing Market
Home prices in Dallas were down 4.5% year-over-year in September . At the same time, the number of sold homes rose by 13.2% and sell in around 41 days on average.
Dallas Housing Market Overview
In September 2024, home prices in Dallas decreased by 4.5% compared to the previous year, with a median sale price of $400,000. The number of homes sold increased by 13.2% year-over-year, with 905 homes sold in 2024, compared to 799 in 2023. Additionally, the median time a home stayed on the market increased by 24.2%, reaching 41 days.
Median Price
$400,000 | YOY decline 4.5%
# Of Homes Sold
905 | YOY growth 13.2%
Days on Market
41 | YOY growth 24.2%
Median Price
Historical Median Price for past 24 months
Top Markets in Dallas
Market | Mashmeter Score | Optimal Strategy | Median Price |
|---|---|---|---|
Cedar Crest, TX | A- | Short-term | 375,000 |
Wolf Creek, TX | B+ | Short-term | 375,000 |
South Boulevard-Park Row Historic, TX | B+ | Short-term | 375,000 |
South Division, FL | B+ | Short-term | 375,000 |
Urbandale-Parkdale, TX | B+ | Short-term | 375,000 |
Top Neighborhoods in Dallas
Dallas short term regulations
Dallas, TX
Rating:
Legal for non-occupied:
Yes
Rule Summary:
Dallas does not appear to regulate short term rentals beyond existing ordinances that apply to all types of rental properties across the city. Since 2010, owners of non-owner occupied rental properties, long term and short term, have been required to register and pay a (small) annual fee.
Rented days limit:
N/A
Dallas Top Investment Properties Under Median Price
Read More About Texas Market
How to Start an Airbnb in Texas
The Real Estate Investor’s Guide to Buying a Property in Tornado Alley
Is Austin Multifamily for Sale Worth Investing in 2022?
The Complete Texas MLS Listings Guide for Real Estate Investors
