Market report · TX

Dallas, TX

Buyer's market

Cash-flow-friendly fundamentals: 6.3% gross rent yield and 70% of sales closing below list make Dallas a steady BRRRR and rental market.

DATA · Zillow Research (via scrape.do) · AS OF APRIL 2026

$312k
Typical home value
↓4.0%
-3.4%
YoY change
$1,631
Median rent
↓0.6%
6.27%
Gross yield
27
Median DOM
79/100
MDR score
Detail Value Detail Value
Median list price $423,233 Median sale price $423,050
Sale-to-list ratio 0.977 % sold below list +70.0%
Active inventory 4,882 New listings 1,380
Trends · 36-month series

How Dallas has moved.

Typical home value $325k → $312k · ↓4.0% (36mo)
$312k $319k $326k $334k May 23Nov 24Apr 26
Median rent (ZORI) $2k → $2k · ↓0.6% (36mo)
$2k $2k $2k $2k May 23Nov 24Apr 26
Median days on market 53d → 27d · ↓48.8% (36mo)
27d 36d 45d 53d Feb 26Mar 26Apr 26
Sale-to-list ratio 0.972 → 0.977 · ↑0.5% (36mo)
0.972 0.974 0.975 0.977 Jan 26Feb 26Mar 26

Dallas sits at a median home value of $311,957 as of the latest Zillow read, down 3.4% year-over-year — a meaningful softening that’s putting deal flow back on the table for cash buyers.

The sale-to-list ratio sits at 0.977, and 70.0% of closed sales are landing below list. That’s a clear buyer’s market — sellers are negotiating, and motivated-seller direct mail is converting at rates we haven’t seen since 2014.

Rents tell a stronger story. The Zillow Observed Rent Index for Dallas is $1,631/mo against a $312k median — that’s a 6.27% gross annual rent yield, well above the national 4-5% baseline. BRRRR and long-term rental strategies have real cushion here.

Median days-on-market is running around 27 days against 4,881.667 active listings — that’s a fast-moving market. Speed is the moat; pre-arranged proof of funds and a tight buyers list are the difference between getting under contract and getting outbid.

MDR’s composite investor score for Dallas is 79/100 based on rent yield, sale-to-list discount, motivated-seller proxies, and DOM. That puts it in our top tier — actively recommended for new capital deployment this cycle.

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FAQ

Dallas for investors.

Is Dallas a good market for real estate investors in 2026?

Metro Deal Report's composite investor score for Dallas is 79/100, based on rent yield, sale-to-list ratio, motivated-seller proxies, and days on market. That puts Dallas in our top tier — actively recommended for new capital deployment this cycle.

What is the median home price in Dallas?

The typical home value in Dallas as of the most recent Zillow read is $311,957. Median list price is $423,233 and median sale price is $423,050. Year-over-year change: -3.4%.

What can a landlord expect to rent a property for in Dallas?

Zillow's Observed Rent Index for Dallas is $1,631/mo. Against the typical home value of $312k, that produces a gross annual rent yield of 6.27% — above the national 4-5% baseline, supportive of BRRRR and long-term rental strategies.

Is Dallas a buyer's or seller's market?

Dallas's current sale-to-list ratio is 0.977 with 70.0% of homes closing below list. That's a clear buyer's market — sellers are negotiating. Median days on market: 27 days. Active inventory: 4,882 listings.

Which investment strategy works best in Dallas?

Dallas's data favors a mixed approach — no single strategy dominates, so selective deal sourcing wins. See the per-strategy breakdowns at /wholesaling/dallas, /brrrr/dallas, and /flipping/dallas.

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