How Home Values Are Changing in the Dallas–Fort Worth Metroplex
The Dallas–Fort Worth (DFW) Metroplex has long been a dynamic real estate market, characterized by rapid growth, economic resilience, and diverse housing options. As we progress through 2025, understanding the shifts in home values across the region is crucial for homeowners, buyers, and investors alike
Current Market Overview
In Dallas, the housing market has shown a modest appreciation. As of April 2025, the median sale price reached $470,000, marking a 6.2% increase year-over-year. Homes are spending an average of 38 days on the market, indicating a steady demand (Redfin)
Conversely, Fort Worth presents a more nuanced picture. The median home value stands at $307,162, reflecting a 2.2% decrease over the past year . However, other reports suggest a 3.0% year-over-year increase, with median sale prices around $340,000 . Homes here are averaging 42 days on the market, slightly longer than in Dallas. (Zillow)
Factors Influencing Home Values
Several key elements are impacting home values in the DFW area:
Interest Rates: Mortgage rates have remained elevated, hovering above 6%, which has tempered buyer enthusiasm and led to price adjustments in certain segments .
Inventory Levels: An increase in housing inventory has provided buyers with more options, reducing the urgency that previously drove up prices.
Economic Growth: The DFW region continues to attract businesses and residents, bolstering the housing market's long-term prospects .
Emerging Trends
Suburban Expansion: Areas like Princeton, Texas, have experienced significant growth due to affordability and proximity to job centers. Princeton saw a 30.6% population increase from July 2023 to July 2024, with median home prices around $337,000
Affordability Challenges: Despite overall growth, affordability remains a concern. In Dallas, residents now need to earn approximately $71,413 annually to afford median rent, a 28.6% increase since 2020 .
Looking Ahead
While short-term fluctuations are evident, the long-term outlook for the DFW housing market remains positive. Continued economic development, population growth, and infrastructure investments are expected to support home values. However, stakeholders should remain vigilant, considering factors like interest rates and affordability that could influence market dynamics.