Real Estate in North Texas is constantly evolving. More than half a million people have moved to this area since 2020, and it’s clear why. With a booming job market, diverse communities, and strong economic growth, the region continues to attract homebuyers and investors. What does all this change mean for you?
Are you considering buying a home, selling a property, or staying informed about market trends? Understanding the latest shifts can help you make smarter decisions.
Updates and Trends on Real Estate in North Texas
Recent Sales and Price Changes
The North Texas real estate market continues to show mixed trends. In early 2025, the median home price in the Dallas-Fort Worth (DFW) area increased by 1.5%. Not every city followed the same pattern. In February 2025, home prices in Dallas-Plano-Irving rose by only 0.1% year-over-year.
Sales volume has also seen shifts. Closed home sales declined by 4.4% year-over-year in February 2025. Pending sales also dropped significantly, with Kaufman County experiencing a 12.7% decline and Rockwall County seeing a 22.2% decrease compared to the previous year.
More Homes for Sale and Longer Market Times
Housing inventory in North Texas is growing, giving buyers more options and shifting the market toward a better balance. From April 2024 to January 2025, the Dallas-Plano-Irving area consistently had more than three months of housing supply, something that hasn’t happened since 2012. In February 2025, North Dallas inventory alone increased by 18.6% from January, with one-bedroom homes seeing the biggest jump at 24.3%.
Homes are also staying on the market longer. In January 2025, the average time a home spent on the market increased by 19.2% compared to the previous year. It jumped by 20% in Collin County and 18.8% in Dallas County. For buyers, this means more negotiating power. For sellers, setting the right price and making homes look their best is more important than ever.
Interest Rates and the Economy
Mortgage rates significantly impact the market. In 2025, experts predict rates will stay between 6% and 7%. That’s lower than the 8% peak in 2023 but still high enough to affect affordability. Inflation and economic trends also play a role, but steady job growth in North Texas keeps demand strong.
Different Markets, Different Stories
Not all areas of North Texas are seeing the same changes. In North Dallas, demand remains high, driving up home prices. Frisco saw years of rapid growth, but now prices are leveling off. Fort Worth and Plano are still appreciating steadily, while Dallas is growing at a slower but stable pace.
City vs. Suburb: Where’s the Growth?
Downtown Dallas and Fort Worth are seeing redevelopment, attracting professionals seeking convenience. Meanwhile, suburban cities like Celina, McKinney, and Prosper are booming as families search for more space and top-rated schools.
The Rise of Rentals and Multifamily Homes
The rental market in North Texas is hot, and new build-to-rent communities are popping up everywhere. More apartments are also under construction, making Dallas a top market for multifamily real estate. Investors looking for robust rental opportunities are paying close attention.
Job Growth and Corporate Relocations
North Texas continues to attract major companies, which drives home demand. Plano, Frisco, and McKinney are business hubs, with major employers like Toyota, Charles Schwab, and JPMorgan Chase. Large projects, like Google’s $1 billion Midlothian campus and Texas Instruments’ $3.1 billion semiconductor plant, add more jobs. This growth keeps the housing market strong despite other economic shifts.
What This Means for You
Navigating the real estate market takes more than just browsing listings. Local experts can help you understand pricing trends, neighborhood insights, and off-market opportunities. The right guidance makes all the difference if you’re looking to buy, sell, or invest.
Amy Gibbs and the North Texas Guru team are here to guide you through the market with insights tailored to your goals. Ready to explore your options? Let’s talk about your real estate journey today.