Dallas-Fort Worth Home Prices This Month: What Changed

This Month's Numbers

All rows cover single-family homes in the Dallas-Fort Worth-Arlington metro area for August 2026, as reported by MetroTex (North Texas Real Estate Information System / NTREIS) in its 2026-09 release.

Supporting figures for the same month and metro, same source unless noted:

• Sold-to-list price ratio: 94.8% in August 2026, down from 95.2% in July 2026 (MetroTex / NTREIS, reported 2026-09).
• Pending sales: 6,620 in August 2026, down 11% from August 2025 (MetroTex / NTREIS, reported 2026-09).
• New listings: down 10% from August 2025 (MetroTex / NTREIS, reported 2026-09).
• Year-to-date sales through August 2026: 59,813, up 1% on the same January-August period in 2025 (MetroTex / NTREIS, reported 2026-09).
• County splits for August 2026: Dallas County, 1,413 sales (down 5% year over year), median $369,000 (down 1%); Tarrant County, 1,736 sales (down 8% year over year), median $343,000 (down 3%) (MetroTex / NTREIS, reported 2026-09).
• A second source using a different property mix and geography: Homes.com puts the DFW median sale price at $399,000 in August 2026, down 0.2% year over year, inventory at 36,028 (down 3.5% year over year), median days on market at 66 against 59 nationally, months of supply at five (down 2.2% year over year, while the national figure rose 3.3%), and the average sold-to-list ratio at 96.9% (Homes.com, 2026-08).
• Financing as of the most recent weekly survey: the 30-year fixed-rate mortgage averaged 7.28% and the 15-year fixed-rate mortgage averaged 6.60% on 2026-10-01; a year earlier those averages were 6.34% and 5.55% (Freddie Mac, 2026-10-01). These are national averages, not DFW-specific quotes.

What Changed and Why

Two concrete things moved the August numbers, and neither is sentiment.

Financing costs climbed through the contract window. The 30-year fixed-rate mortgage averaged 6.95% on 2026-09-17, then 7.28% on 2026-10-01, up from 7.03% the prior week and from 6.34% a year earlier (Freddie Mac, 2026-10-01). August closings were mostly written in June and July, so the early-October figure is not in that $390,000 median. Where it shows up first is the pipeline: pending sales were 6,620 in August 2026, down 11% from August 2025 (MetroTex / NTREIS, reported 2026-09). That is a steeper year-over-year drop than the 5% decline in closings, which is the sequence you would expect when borrowing costs rise while contracts are being signed rather than closed.

The seasonal handoff out of summer did the rest. August is the month DFW demand usually steps down from the peak family-moving window, and closings fell 10.8% from July to 7,329. Year-to-date sales through August still totaled 59,813, up 1% on the same eight months of 2025 (MetroTex / NTREIS, reported 2026-09) — so the month-over-month drop is a calendar effect layered on a flat year, not a collapse in annual volume.

What kept the median from falling further is the supply side. New listings were down 10% year over year in August 2026 and active listings were down 6% at 31,072, holding inventory at 4.3 months (MetroTex / NTREIS, reported 2026-09). Fewer buyers met fewer sellers. The price line held — $390,000 against $395,000 in July, essentially flat year over year — while the two measures that move before prices both loosened in the buyer's direction: median days on market went from 54 to 58, and the sold-to-list ratio slipped from 95.2% to 94.8% over the same July-to-August period.

The metro median also hides its submarkets. In the same month, Dallas County's median was $369,000 on 1,413 sales (down 1% and down 5% year over year) and Tarrant County's was $343,000 on 1,736 sales (down 3% and down 8% year over year) (MetroTex / NTREIS, reported 2026-09). A longer-run index tells a similar flat-to-slightly-negative story: the Case-Shiller Dallas home price index was down 1.70% year over year in March 2026, against down 1.75% the prior month and up 0.22% a year before (S&P Dow Jones Indices, 2026-03).

What This Means for You

• If you're buying in DFW: at 4.3 months of inventory, 58 median days on market and a 94.8% sold-to-list ratio (MetroTex / NTREIS, August 2026), listings that have sat past the 58-day median are the ones where asking under list and requesting repairs or rate buydowns is realistic. Whether you should move now depends on your own numbers, not the metro average: your credit score, your down payment, whether you are using conventional, FHA, VA or jumbo financing, and how long you plan to hold. The 30-year fixed averaged 7.28% on 2026-10-01 versus 6.34% a year earlier (Freddie Mac), so the payment on the same price is not the payment your neighbor locked last autumn. Get a written quote for your file rather than assuming the survey average.
• If you're selling: new listings were down 10% year over year in August 2026, so you have less competition than a year ago — but buyers closed at 94.8% of list, down from 95.2% in July, and the typical home took 58 days rather than 54 (MetroTex / NTREIS). Price to the comparable sales your agent pulls from the MLS for your county and property type; Dallas County's median was $369,000 and Tarrant County's $343,000 in August 2026, so the $390,000 metro figure is not your number. No listing has a guaranteed sale price or closing date.
• If you're thinking about refinancing: with the 30-year fixed at 7.28% and the 15-year at 6.60% as of 2026-10-01, versus 6.34% and 5.55% a year earlier (Freddie Mac), a rate-and-term refinance only pencils if your current rate is above today's quote. If you bought before late 2025, it probably is not. Run the break-even on closing costs against your remaining time in the home before paying for an application.
• If you're renting and weighing a purchase: the slower pace — 58 days on market in August 2026 against 54 in July, with inventory at 4.3 months (MetroTex / NTREIS) — means you are not being forced into same-day offers in most of the metro. Use that time to compare your renewal quote against a full ownership estimate including Texas property taxes, insurance and any HOA dues, which vary by city, school district and property type. A licensed agent, lender and tax professional should check that math for your specific address.

Frequently asked questions

Sources

1. MetroTex (North Texas Real Estate Information System / NTREIS) — DFW Home Sales Cool Heading Into Fall (2026-09)
2. Homes.com — Dallas-Fort Worth Housing Market Report (2026-08)
3. Freddie Mac — Mortgage Rates Average 7.28% (2026-10-01)
4. Freddie Mac — Mortgage Rates Average 6.95% (2026-09-17)
5. S&P Dow Jones Indices / YCharts — Case-Shiller Dallas, TX Home Price Index YoY (Monthly) (2026-03)