Dallas TX Real Estate - Dallas TX Homes For Sale | Zillow (2024)

FAQs

Are house prices falling in Dallas? ›

Dallas, TX housing market

The median listing home price in Dallas, TX was $449K in July 2024, trending down -10% year-over-year. The median listing home price per square foot was $261. The median home sold price was $378.8K.

Fort Worth and Dallas are neighboring cities in the state of Texas, and while they are close geographically, there can be slight variations in the cost of living between the two cities. Overall, the cost of living in Fort Worth is generally considered to be slightly lower than in Dallas.

The safest neighborhoods in Dallas, Texas include University Park, Winnetka Heights, City Center District, Bluffview, and Highland Park. These neighborhoods are known for their safety and are great options for living.

Yes. This is the best time to buy a house in Texas. With the current trend in the TX housing market, you'll find better deals on your dream home during Q2 2024. As per Fannie Mae, mortgage rates may drop more in Q2 of 2024 due to economic changes, inflation, and central bank policy adjustments.

That's according to a March analysis by real estate giant CBRE Group Inc., which calculated that it cost 115% more to buy than rent in Dallas at the end of 2023.

To live comfortably in Dallas, a good salary is about $80,000 annually. 80% of salaries in Dallas fall between $24,960 and $124,800 annually, so if you have a consistent, well-paying job, making a “good” salary is very much within your reach.

Dallas still ranks as one of the most affordable large metropolitan cities to live in. Quality of Life – Quality of life typically means different things for retirees compared to working professionals. In addition to affordable costs of living, seniors value convenient transportation and access to fun activities.

Fort Worth is a come-as-you-are kind of town that's well-suited to those who prefer a more traditional way of living. Fort Worth is quieter than Dallas in almost every way, but residents can easily get to Dallas for some urban excitement.

Highland Park regularly ranks as the richest neighborhood in Dallas – and for good reason. Highland Park is an affluent and picturesque residential neighborhood approximately 3 miles north of the center of Dallas, so downtown is always in close proximity.

Share: Dallas is known for its great nightlife, music venues, and skyline. However this iconic Texas city has a crime rate that is well above the national average, and many areas of the city are best avoided. The most dangerous neighborhoods in Dallas are South Boulevard-Park Row, South Dallas, and Cedar Crest.

What are the best suburbs for retirees in Dallas? ›

Among the best places near Dallas-Fort Worth to retire are Richardson, Southlake, Rockwall, Fairview, Plano, Carrollton, Grapevine, and Flower Mound. Each of these communities boasts unique features that make them desirable places among many retirees.

Dallas-Fort Worth Metroplex

DFW Housing Forecast: HOT! - The job market and influx of new residents and transplants make the Dallas-Fort Worth area THE place to be in 2024. The Dallas-Fort Worth housing market is expected to be hot and a little more affordable with property prices expected to decrease by 8.4%!

Dallas Real Estate Trends

Potential Price Moderation – After a period of significant price stability, the Dallas housing market may see a rise in 2024. Forecasts vary, with some predicting price decreases of up to 8% compared to 2023, while others indicate a more modest price stabilization or even a slight increase.

Best Months to Sell Based on Historical Data

Selling your house during the peak months of April through June can offer significant advantages. Historical data shows that homes listed during these months tend to sell faster and at higher prices.

Once known for its relatively low cost of living, Texas's increasing popularity and rapid technological growth have driven up living costs in the Lone Star state. Today, the average home price in Texas is $306,756, reflecting a 1% increase in value over the past year.