Dallas isn’t “crashing.” It’s normalizing—and that’s good news if you know how to play it.

The Dallas market in one snapshot

Recent data shows Dallas home prices nudging up modestly while homes are taking longer to sell. In December 2025, Dallas posted a median sale price around ~$430K (+1.9% YoY) and an average ~66 days on market.
At the same time, Zillow’s value index for Dallas shows values down ~4.1% year-over-year with homes going pending in ~48 days (their methodology differs from sales-based medians, but the direction is useful).

Translation: buyers have more breathing room, sellers need better execution.

Why the “mixed signals” are normal

Two things can be true at once:

• Closed-sale medians can stay resilient (especially if quality listings still sell).

• Value indices can soften if demand cools or more entry-level supply appears.

Add in higher rates and cautious buyers nationally (pending sales weakened late 2025), and you get a market where pricing + presentation matter more than hype.

How buyers win in Dallas right now

If you’re buying in Dallas/DFW, your best leverage usually comes from:

1. Targeting listings sitting longer (days on market creates negotiation room).

2. Asking for seller concessions (rate buydowns, closing costs, repairs) instead of only pushing price.

3. Focusing on micro-markets: some neighborhoods are hot; others are correcting.

How sellers win in Dallas right now

The “list it and they’ll come” era is over. The winners do:

• Pricing based on active competition, not the neighbor’s peak sale from last year

• Strong first 7 days: pro photos, clean staging, clear offer deadline strategy

• Pre-inspection / repair list to reduce buyer fear and renegotiations

Dallas/DFW: the bigger signal to watch

The Dallas–Plano–Irving price index has looked flatter/plateau-ish recently (Q3 2025 around 426 vs Q4 2024 around 428), which is exactly what a normalization phase looks like.