Millennial Homebuyers Swarm Dallas, Turning Starter Homes Into Hot Commodities

Millennials in Dallas are rapidly increasing homeownership, with a 96.9% rise from 2018 to 2023, making up about 47% of local millennial households. This surge is tightening housing supply, with active listings down 4.4% and median prices near $440,000. Similar trends appear in other Texas metros. Factors include rising incomes, manageable prices, remote work, and easing rent spikes, driving millennials to buy starter homes despite competitive markets.