Dallas Real Estate: High Demand Fuels a Competitive Market

Dallas's real estate market in May 2026 showed stable median list prices at $460,000 but with 24.4% of homes requiring price cuts, higher than the national 17.5%. Inventory declined by 1.9% to 4,189 active listings, limiting buyer options. Homes spent a median of 51 days on the market, 6.3% longer than last year. Accurate pricing benefited sellers, while buyers found negotiating opportunities in this balanced yet competitive market.