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Dallas market pulse

Real public data for Dallas's ZIP codes, updated as the agencies publish.

Metro prices

Past change, not a forecast.

Data table
Dallas-Plano-Irving, TX metro: FHFA house price index, 2016 Q2 to 2026 Q2
QuarterIndexChange since 2016 Q2
2016 Q2245.7—
2016 Q3248.8+1.3%
2016 Q4249.2+1.4%
2017 Q1257.8+4.9%
2017 Q2267.2+8.8%
2017 Q3272.2+11%
2017 Q4273.1+11%
2018 Q1278.2+13%
2018 Q2286.6+17%
2018 Q3285.9+16%
2018 Q4283.5+15%
2019 Q1286.2+16%
2019 Q2293.9+20%
2019 Q3295.1+20%
2019 Q4294.5+20%
2020 Q1299.2+22%
2020 Q2305.7+24%
2020 Q3314.4+28%
2020 Q4320.4+30%
2021 Q1336.4+37%
2021 Q2359.6+46%
2021 Q3375.4+53%
2021 Q4388.4+58%
2022 Q1415.0+69%
2022 Q2447.6+82%
2022 Q3436.0+77%
2022 Q4424.5+73%
2023 Q1431.1+75%
2023 Q2441.6+80%
2023 Q3447.6+82%
2023 Q4440.0+79%
2024 Q1448.1+82%
2024 Q2458.9+87%
2024 Q3452.1+84%
2024 Q4452.1+84%
2025 Q1451.8+84%
2025 Q2453.5+85%
2025 Q3450.8+83%
2025 Q4443.6+81%
2026 Q1447.7+82%
2026 Q2452.9+84%

Each index has its own base, so compare its changes, not its level.

Details

FHFA's purchase-only index for Dallas-Plano-Irving, TX: repeat sales of the same houses, from mortgages Fannie Mae and Freddie Mac purchased or securitized. It isn't seasonally adjusted, so each span starts in the quarter it ends.

ZIP by ZIP

One-year ZIP changes are noisy: of last year's top-3 ZIPs in our 50 cities, 1 in 15 was top 3 again. Past change, not a forecast.

Loading the ZIP figures…
About these figures

FHFA's experimental ZIP house price index: houses with Fannie Mae or Freddie Mac loans, from sales and refinance appraisals. Condos, co-ops and multi-unit buildings aren't in it. 37 of Dallas's 46 ZIPs have an index; FHFA publishes one only where enough sales exist. A ZIP whose index stops before the latest year shows the year it ends instead of changes. Each index has its own base, so compare a ZIP's changes, not its level.

Rent or buy here

EstimateMonthly housing payment (est.): 20% down · 30-year fixed at 7.03% (Freddie Mac average) · 360 monthly loan payments of $2,984 · APR not calculated (it depends on the lender's fees) · includes principal and interest, property tax, home insurance and any HOA dues, plus mortgage insurance below 20% down.7.03% is Freddie Mac's average 30-year fixed rate for the week of Sep 24, 2026, for buyers with 20% down and excellent credit. It isn't an offer or an APR.Source: Freddie Mac Primary Mortgage Market Survey · Sep 24, 2026 (opens in a new tab)$1,622

a month more to own a typical sample home than HUD's rent for its size, ZIP 75238

Own: 4-bedroom sample house, $559,000Sample: fictional home, for the demo.
EstimateMonthly housing payment (est.): 20% down · 30-year fixed at 7.03% (Freddie Mac average) · 360 monthly loan payments of $2,984 · APR not calculated (it depends on the lender's fees) · includes principal and interest, property tax, home insurance and any HOA dues, plus mortgage insurance below 20% down.7.03% is Freddie Mac's average 30-year fixed rate for the week of Sep 24, 2026, for buyers with 20% down and excellent credit. It isn't an offer or an APR.Source: Freddie Mac Primary Mortgage Market Survey · Sep 24, 2026 (opens in a new tab)$4,022 a monthNot included: upkeep, utilities, flood insurance, special assessments.
Rent: HUD fair market rent, 4 bedrooms
$2,400 a monthHUD Small Area Fair Market Rent, FY2027: a 40th-percentile rent for a standard home, utilities included. Not an asking rent.
See this sample home

Lending

2025 home-purchase loans (first liens) on owner-occupied 1–4 unit homes in Dallas's census tracts: 7,346 loans. Loans that closed, not offers: a rate depends on your credit, down payment, points and the day you lock it.

Middle half of rates
6.25% to 6.875%
Loan costs at closing
$7,533 medianMiddle half $5,299 to $11,382: origination charges (points included) and settlement services, Closing Disclosure section D · 5,508 loans
Loan limits, 2026
$832,750 conformingAbove it, a jumbo loan with its own rates and rules; FHA limit $563,500 (one-unit home, Dallas County). Limits set by FHFA and HUD.
More lending figures
Borrowed, every loan on the home combined
90% of the value (median)Middle half 80% to 96.5%. 57.2% of buyers borrowed more than 80% of the value, 43.1% more than 90%, 29.7% more than 95%. HMDA's combined loan-to-value counts every loan on the home (second loans, down-payment-assistance loans, financed FHA or VA fees) against the value the lender used, so it doesn't show the cash buyers put down · 7,149 loans
Loan types
Conventional 76.7% · FHA 18.8%VA 4.5% · USDA 0%
Discount points
49.3% of loans paid pointsMedian paid: $3,284. Points buy a lower rate.

For comparison: 7.03% is Freddie Mac's average 30-year fixed rate for the week of Sep 24, 2026, for buyers with 20% down and excellent credit. It isn't an offer or an APR.

Flood and insurance

Federal flood insurance
3,118 policies in force · 730 claims since 2000FEMA National Flood Insurance Program, summed over 46 ZIPs (policies in force Jun 30, 2026; claims since 2000). Private flood policies aren't counted.
Policies insurers didn't renew
0% in the median ZIPU.S. Treasury Federal Insurance Office, 2022.

Most homeowners policies exclude flood, so flood insurance is a separate policy. Source: FEMA FloodSmart: What is my flood risk?, retrieved 2026-10-09 (opens in a new tab) Check an address on FEMA's flood map (opens in a new tab)

County hazard ratings (FEMA)

Natural hazards, compared with other U.S. counties

  • Dallas County, TX: expected yearly losses rated very high for inland flooding, heat wave, tornado, winter weather, hail.
    Other ratings for Dallas County, TX
    • EarthquakeRelatively Moderate
    • WildfireRelatively Low
    • HurricaneRelatively Low
  • Collin County, TX: expected yearly losses rated very high for tornado, hail; expected yearly losses rated relatively high for inland flooding, heat wave, winter weather.
    Other ratings for Collin County, TX
    • EarthquakeRelatively Low
    • WildfireRelatively Low
    • HurricaneRelatively Low
  • Denton County, TX: expected yearly losses rated very high for tornado, hail; expected yearly losses rated relatively high for inland flooding, heat wave, winter weather.
    Other ratings for Denton County, TX
    • EarthquakeRelatively Low
    • WildfireRelatively Moderate
    • HurricaneRelatively Low
  • Rockwall County, TX: expected yearly losses rated relatively high for tornado, hail.
    Other ratings for Rockwall County, TX
    • EarthquakeRelatively Low
    • WildfireRelatively Low
    • HurricaneVery Low
    • Inland floodingRelatively Low
    • Heat waveRelatively Moderate
    • Winter weatherRelatively Low
  • Kaufman County, TX: expected yearly losses rated relatively high for hail.
    Other ratings for Kaufman County, TX
    • EarthquakeRelatively Low
    • WildfireRelatively Low
    • HurricaneVery Low
    • Inland floodingRelatively Moderate
    • Heat waveRelatively Moderate
    • TornadoRelatively Moderate
    • Winter weatherRelatively Moderate

FEMA National Risk Index December 2025: Expected Annual Loss rating of each hazard, by county (NRI December 2025): expected annual losses to buildings, people and agriculture; FEMA's social-vulnerability adjustments aren't included. This describes each county, not one home. Check an address on FEMA's flood map; in a high-risk flood zone, a federally backed loan requires flood insurance.

What's new in Dallas

Rail openings, zoning changes and big projects from primary sources, newest first. News, not a price forecast.

  1. Rail opened

    Silver Line regional rail begins service

    The new corridor connects northern suburbs, Dallas and DFW Airport. Pin is an approximate street-address location for Knoll Trail, a new Dallas station.

    DART, Silver Line launch announcement (opens in a new tab)
  2. Zoning change

    SB15 opens a qualifying small-lot subdivision pathway

    On qualifying unplatted tracts of at least five acres, the state law limits municipal minimum lot size to 3,000 sq ft, or a smaller local minimum. Private deed restrictions and exclusions remain; ordinary backyard splits do not qualify.

    Dallas Planning, SB15 information sheet (state small-lot law) (opens in a new tab)
  3. Zoning change

    SB840 allows housing on qualifying commercial sites

    The state law opens eligible office, commercial, retail and warehouse zoning to multifamily or mixed-use housing and eases conversions. Industrial, airport and military exclusions apply; this does not upzone every detached-house lot.

    El Paso Planning, SB840 information sheet (state mixed-use/multifamily law) (opens in a new tab)

Rules in Texas

From state law, standard contract forms and local custom. Research, not legal advice.

ClosingRule
A title company runs the closing and holds the money.
Seller's disclosureRule
Seller's Disclosure Notice (Texas Property Code §5.008) You may cancel within 7 days in some cases: notice delivered after the effective date; if never delivered, any time before closing.
Closing taxesRule
Texas and Dallas charge no transfer or mortgage tax at closing in our research; recording fees still apply.
How buying works in Texas
Who runs the closing
A title company runs the closing and holds the money. Typical time from contract to keys: about 30 days.
The contract
Your signed offer becomes a binding contract once the seller accepts it.
Details

TREC One to Four Family Residential Contract (Resale), TREC No. 20-19

Buyer agreement
Written buyer representation agreement, or a showing-only non-representation agreement (14 days at most), signed before touring.
Details

Since 2026-01-01 an agent must sign a written agreement with a residential buyer before showing any home or, if nothing is shown, before presenting an offer (Occ. Code 1101.563).

Source: TREC: What changes in 2026 about buyer/tenant representation (Occ. Code §§1101.562–.563) (2026-01-07)

Option period
7 days after the contract takes effect. You pay the seller a fee (typically $100–$500) for the unrestricted right to end the contract in that time.
Details

Negotiated; 5–10 days is common (sample 7). The fee goes to the escrow agent within 3 days, is credited to the price at closing, and is kept by the seller if the buyer terminates. Notice by 5 p.m. local time on the last day.

Inspection
About 7 days for inspections.
Details

Inspections happen inside the option period; there is no separate inspection contingency.

Earnest money
1–2% of the price, due within 3 days, held by: Escrow agent (title company).
Details

TREC 20-19 ¶5A: within 3 days after the effective date, extended past weekends and Texas legal holidays. Typical % is a sample.

Seller's disclosure
Seller's Disclosure Notice (Texas Property Code §5.008) You may cancel within 7 days in some cases: notice delivered after the effective date; if never delivered, any time before closing.
Details

TREC 20-19 ¶7B; foreclosure, estate and new-home sales are exempt.

Source: TREC One to Four Family Residential Contract (Resale), TREC No. 20-19 (05-04-2026, mandatory 2026-07-01)

Loan and appraisal
Loan contingency: 21 days (set in the contract).
Details

Third Party Financing Addendum sets the Buyer Approval days (21 is a sample). A low appraisal is only an exit if the parties add TREC's Addendum Regarding Right to Terminate Due to Lender's Appraisal.

Title insurance
The seller customarily pays for the owner's policy. Texas sets title insurance rates.
Details

Texas Department of Insurance sets title premiums. The seller customarily pays the owner's policy; ¶6A lets the parties choose.

Property tax for a new owner
The seller's caps and exemptions end with the sale; your assessment starts over at market value. About 1.4% of the price a year is our planning figure for Dallas; your bill can differ.
Details

Appraised at market value each January 1. The seller's homestead exemption and 10% cap don't transfer; the buyer files for a homestead for the next year (school exemption $140,000 since 2025).

Official 2025 rates at a Dallas ISD address: Dallas County 0.2155%, Parkland 0.2120%, Dallas College 0.1066%, City of Dallas 0.6988%, Dallas ISD 0.9938%: 2.23% of value without a homestead. With a homestead ($140,000 plus 10% off for DISD; 20% off for the city, county, Parkland and Dallas College): 1.45% at $325,000, about 1.67% at $650,000. Assumes you live there, file for the homestead (by April 30; it starts the next January 1, or right away if the seller had none) and the district appraises the home at the price. The bill for the year you buy still reflects the seller's exemptions. The school exemption is a fixed $140,000, so the rate rises with price. Several units adopted higher 2026 rates in September 2026.

Agent credits to the buyer
Texas allows an agent to credit part of their pay to the buyer, with the lender's approval.
Details

A license holder may rebate part of its fee to its own client (22 TAC 535.147(d)); the buyer's lender must know and may limit it.

Source: 22 Tex. Admin. Code §535.147(d): a license holder may rebate fees to the party it represents (retrieved 2026-09-27)

Some of these facts rest on secondary sources (a law firm, title company or reference site, not the law or the form itself): Option fee (Texas): typical fees and practice (secondary).

Closing taxes

Texas and Dallas charge no transfer or mortgage tax at closing in our research; recording fees still apply.

Sources (13)

Programs and deadlines

Official pages for Dallas, the same for every buyer. Each program decides who qualifies.

Down-payment help
My First Texas Home (opens in a new tab) (Texas Department of Housing and Community Affairs (TDHCA))Down payment assistance and 30-year mortgages for first-time homebuyers and qualified veterans; My Choice Texas Home is open to buyers who aren't buying for the first time.Official page, checked 2026-09-28.Texas's housing finance agency runs it; the program decides who qualifies and for how much.
Down-payment help in Dallas
Dallas Homebuyer Assistance Program (DHAP) (opens in a new tab) (City of Dallas Housing & Homelessness Division)Assistance based on need, up to $60,000 in High Opportunity Areas and $50,000 elsewhere in Dallas.Official page, checked 2026-09-28.
Homestead exemption
Property Tax Exemptions (opens in a new tab) (Texas Comptroller of Public Accounts)School districts must exempt $140,000 of a residence homestead's value, and any taxing unit may exempt up to 20% more; apply with the appraisal district in your county.Deadline: before May 1Official page, checked 2026-09-28.
If you disagree with your assessment
What is the deadline to file a protest? (opens in a new tab) (Dallas Central Appraisal District)A mailed protest must be postmarked by the deadline; a deadline on a weekend or holiday moves to the next business day.When: May 15, or 30 days after your notice of appraised value is delivered, whichever is laterOfficial page, checked 2026-09-28.
After you buy: alerts on your deed
Property Fraud Alert (opens in a new tab) (Dallas County Clerk)A free service, run with Neumo Property Alerts, that notifies you when a document is recorded under your name.Official page, checked 2026-09-28.

Sample homes in Dallas, each with its estimated monthly cost and the things to check. Found one somewhere else? Check it here.

Sources (37)