Dallas County, Texas Housing Market

In Dallas County, Texas, the median home value is $303,000, with a median monthly rent of $1,565. This places Dallas County at #609 nationally out of 3134 counties by median home value, and #29 within Texas.

Median Home Value $303,000
Median Rent $1,565/mo
Owner Occupancy 50.8%
Price/Rent Ratio 16.1

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Dallas County fell -0.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

1,643,802
jobs (private sector)
  • Avg weekly wage: $1,799
  • Establishments: 82,373
  • BLS QCEW, 2025
🏗️

Housing Supply

12,691
new units authorized (2025)
  • Single-family: 4,651
  • Multi-family: 8,040
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+5432
net migration (filers, 2021-2022)
  • Inflow: 1,018,530 (avg $109,825)
  • Outflow: 1,013,098 (avg $110,570)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Dallas County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 75205 390.1 — 2025
2 75225 429.8 +12.97% 2025
3 75038 304.4 +2.27% 2025
4 75063 275.2 — 2025
5 75235 396.5 -10.97% 2025
6 75216 440.1 +9.64% 2025
7 75209 412.3 -7.90% 2025
8 75233 308.3 -0.08% 2025
9 75182 250.2 -0.68% 2025
10 75240 349.0 -2.43% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Dallas County Compares

MetricDallas CountyTexas AverageU.S. Average
Median Home Value $303,000 $186,278 $227,706
Median Gross Rent $1,565 $997 $968
Owner Occupancy Rate 50.8% 73.2% 73.3%
Price/Rent Ratio 16.1 15.2 18.7

Market Analysis

The median home value in Dallas County is 62.7% above the Texas state average and 33.1% above the U.S. national average. The median rent of $1,565/month is 57.0% above the state average.

With a price-to-rent ratio of 16.1, the buy-vs-rent decision in Dallas County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Dallas County has an owner-occupancy rate of 50.8%, compared to 73.2% in Texas and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Harris County Georgia $302,800 $1,048
Chatham County Georgia $302,700 $1,471
Walworth County Wisconsin $302,700 $1,150
Duval County Florida $303,500 $1,475
Pennington County South Dakota $302,200 $1,120

Other Counties in Texas

CountyMedian Home ValueMedian RentOwner Occ.
Guadalupe County $304,400 $1,517 77.8%
Brazoria County $301,600 $1,454 74.1%
Wise County $304,900 $1,299 81.4%
Hood County $306,400 $1,428 81.2%
Austin County $296,900 $1,137 76.5%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).