Published September 30, 2026 in Market Update

Dallas prices are softer overall, but not every part of the market is down

By Cindy Dunnican

Real estate, The Dallas Area

Redfin reported that Dallas home prices declined 1.4% year over year in August. That is the number most people will see. But it is not the whole story.

The Real Estate Data Aggregator counted 2,224 homes sold across The Dallas Area in the three months ending July 31, 2026. That is down only 0.8% from the same months of 2025. Sales held nearly flat. The area is not frozen.

Pending sales across the area are actually up 1.3%, per the Real Estate Data Aggregator. Buyers are still signing contracts. Less inventory and steady demand is what is keeping some ZIP codes in positive territory.

Some ZIP codes gained. Some lost. Here is the split.

The Real Estate Data Aggregator tracked median sale prices for each ZIP code in the three months ending July 31, 2026. The range is wide. One ZIP posted a 4.6% gain. Another fell 12.5%. The broad city number hides both ends.

ZIP 75043 led the gains. The Real Estate Data Aggregator put its median sale price at $329,500, up 4.6% from the same three months of 2025. Homes there also sold 16 days faster than a year before.

ZIP 75087 was close behind. Its median sale price reached $490,000, up 4% per the Real Estate Data Aggregator. Inventory there fell 21.1%, and months of supply dropped 1.8 months. Less supply helped hold prices up.

On the other side, ZIP 75243 saw its median sale price fall 12.5% to $332,500, according to the Real Estate Data Aggregator. Days on market there rose 18 days. That ZIP is a different market from 75043, even though they share the same city.

What is moving fast, and what is sitting

Speed tells you a lot about where demand is real. The Real Estate Data Aggregator tracked the share of homes that went under contract within two weeks of listing.

ZIP 75048 had the highest share: 38.1% of homes went under contract within two weeks, up 10 points from a year before. ZIP 75189 had the lowest at 12.6%, nearly unchanged from last year.

The wider picture: rates, list prices and rent

CNBC reported the average 30-year fixed mortgage rate at 7.45% as of September 24, 2026. That is a real cost for buyers and it shapes how many can qualify.

Realtor.com put the median list price for Dallas-Fort Worth-Arlington at $425,000 as of August 2026. That sits above the sold prices in several of the ZIP codes here, which is worth knowing if you are setting an ask.

Realtor.com also reported that the median asking rent for zero to two bedroom properties in Dallas-Fort Worth-Arlington was $1,460 in August 2026, down 2.4% from a year before. That rent dip matters for owners who might consider renting rather than selling. More than half of rental listings are offering concessions: Realtor.com put the concession rate for zero to two bedroom listings in the area at 56.4% in August 2026. Renters have real leverage right now.

Nationally, Redfin reported U.S. home prices up 3.7% year over year in August. Dallas at negative 1.4% is running below that national pace, per Redfin. But several Dallas ZIP codes are running above it.

What this means for you

The headline number for Dallas is softer. That is true. But the Real Estate Data Aggregator shows the area is not moving as one block.

Pricing your home from the city average, or setting your budget from it, could cost you. The ZIP code you are in, and even the street, can read very differently from the whole.