In short
The median value of owner-occupied homes in Dallas is $340,400 (Census ACS 2024; owner estimates, not sale prices). The FHFA House Price Index shows Texas prices up 0.5% and Dallas–Plano–Irving prices down 0.1% between the second quarters of 2025 and 2026. Texas has no real estate transfer tax. Selling a main home you owned and lived in for 2 of the last 5 years, the first $250,000 of gain ($500,000 for a married couple filing jointly) is excluded from federal income tax (IRS Publication 523).
Calculate for Dallas
In short
The median value of owner-occupied homes in the city of Dallas is $340,400, according to the Census Bureau’s 2024 American Community Survey. For the 2026 tax year, a home inside Dallas ISD pays a combined rate of $2.250760 per $100 of taxable value, according to the Dallas County Tax Office’s 2026 rate table. Texas has no real estate transfer tax.
How much homes cost in Dallas
The Census Bureau’s American Community Survey (ACS) asks owners how much they think their home would sell for. The median of those answers is a useful benchmark, but it is not a sale price: it covers every owner-occupied home, including homes bought long ago. Our page on Texas home prices explains the method in detail.
| Area | Median value, 2024 (ACS) | Margin of error (90%) |
|---|---|---|
| City of Dallas | $340,400 | ±$11,363 |
| Dallas County | $330,500 | ±$5,180 |
| Dallas–Fort Worth–Arlington metro area | $389,500 | ±$2,489 |
| Texas | $313,200 | ±$1,780 |
| United States | $360,600 | ±$618 |
Source: U.S. Census Bureau, ACS 1-Year Estimates 2024, table B25077. The 2025 estimates are scheduled for October 29, 2026.
Are Dallas prices rising?
The Federal Housing Finance Agency (FHFA) tracks repeat sales of the same single-family homes. Its purchase-only, seasonally adjusted index for the Dallas–Plano–Irving metro division, published August 25, 2026, shows:
| Area | 1-year change (Q2 2025 to Q2 2026) | 5-year change (Q2 2021 to Q2 2026) |
|---|---|---|
| Dallas–Plano–Irving metro division | −0.1% | +26.2% |
| Texas | +0.5% | +25.1% |
| United States | +2.1% | +33.4% |
Source: FHFA House Price Index, quarterly purchase-only files. Changes calculated by Payotte from the published index values.
Prices in the Dallas area were essentially flat over the past year, after a gain of about a quarter over five years.
Closing costs at the median price
On top of the price, buyers and sellers pay closing costs: lender fees, the appraisal, the survey, escrow and recording fees, and title insurance. Several of these depend on the loan and on the providers you choose, so there is no single official figure.
We do not estimate the title insurance premium on this page. For the rules, who usually pays each item and a worked example, see our guide to closing costs in Texas and our page on title insurance in Texas.
Property tax in Dallas
The Texas Comptroller states that Texas has no state property tax: local taxing units set the rates. A home in the city of Dallas inside Dallas ISD is taxed by the five units below, and the Dallas County Tax Office collects for all of them. Your appraisal notice and your Dallas Central Appraisal District (DCAD) account list the exact units for your address; the table below assumes Dallas ISD.
| Taxing unit | 2025 rate (per $100) | 2026 rate posted (per $100) |
|---|---|---|
| City of Dallas | 0.698800 | 0.697800 |
| Dallas ISD | 0.993835 | 0.985735 |
| Dallas County | 0.215500 | 0.248650 |
| Parkland Hospital (Dallas County Hospital District) | 0.212000 | 0.212000 |
| Dallas College | 0.106575 | 0.106575 |
| Total | 2.226710 | 2.250760 |
Sources: Dallas County Tax Office, “Past Tax Rates” (2025) and “2026 Tax Rates”; Dallas Central Appraisal District rate tables.
The 2026 rates are the adopted rates posted by the Dallas County Tax Office, which collects for all five taxing units. The county’s own rate rose the most: the Tax Office notice says Dallas County “adopted a tax rate that will raise more taxes for maintenance and operations than last year’s tax rate”, an effective increase of 22.02%. The 2025 column shows last year’s final rates for comparison.
A worked example
Take a home with a taxable value equal to the Dallas median, $340,400, and no exemptions. At the 2026 combined rate:
- $340,400 ÷ 100 × 2.250760 = $7,662 a year, or about $638 a month. At the 2025 rate, the same home paid about $7,580.
Exemptions lower the taxable value. DCAD’s 2026 table lists a 20% optional homestead exemption for the City of Dallas and Dallas County, and, for Dallas ISD, a $140,000 general homestead exemption plus a 10% local option. Homeowners aged 65 or older and disabled homeowners get larger exemptions. Our Texas property tax guide explains how to apply and how to protest your value.
To see how property tax can be paid through your monthly mortgage payment, read our guide to escrow accounts.
No transfer tax in Dallas
The Dallas County Tax Office and DCAD rate tables list property taxes only, and no transfer tax applies to a Dallas purchase. The Texas Constitution (Article 8, Section 29, added in November 2015) provides that no law enacted after January 1, 2016, may impose a transfer tax on a transaction that conveys fee simple title to real property. The same section still allows a tax on the issuance of title insurance. Details are on our page about transfer tax in Texas.
Texas guides for Dallas buyers
Frequently asked questions
What is the median home price in Dallas?
The Census Bureau’s 2024 American Community Survey puts the median value of owner-occupied homes in the city of Dallas at $340,400 (±$11,363). This is what owners think their home is worth, not the median sale price of recent sales.
Are home prices in Dallas going down?
According to the FHFA purchase-only index, prices in the Dallas–Plano–Irving metro division fell 0.1% between the second quarter of 2025 and the second quarter of 2026, which is essentially flat. Over five years, they rose 26.2%.
What is the property tax rate in Dallas?
For the 2026 tax year, a home in the city of Dallas inside Dallas ISD pays a combined rate of $2.250760 per $100 of taxable value: city, Dallas ISD, Dallas County, Parkland Hospital and Dallas College. Homestead exemptions reduce the taxable value.
How much property tax would I pay on a median-priced home in Dallas?
On a taxable value of $340,400 with no exemptions, the 2026 combined rate gives about $7,662 a year. With a homestead exemption, the bill is lower; your DCAD account shows your exemptions and taxable values.
Does Dallas have a transfer tax?
No. Article 8, Section 29 of the Texas Constitution bars any law enacted after January 1, 2016, from imposing a transfer tax on a transaction that conveys fee simple title to real property. Our transfer tax page has the details.
More Texas guides
- Closing costs in Texas: what buyers and sellers pay
- Is there a real estate transfer tax in Texas?
- How Texas property tax works and what the homestead saves
- What must a home seller disclose in Texas?
- Is a real estate attorney required at closing in Texas?
- How does foreclosure work in Texas, and how long does it take?
- Home prices in Texas and Dallas: median value and trend
- First-time home buyer programs in Texas: TDHCA, TSAHC, Dallas
- How to verify a real estate license in Texas (5 professions)
- Texas community property and the family home
- Natural hazards and home insurance in Texas
- Title insurance in Texas: rates, policies and who pays
Sources
- Table B25077, Median Value (Dollars), ACS 1-Year Estimates 2024 (U.S. Census Bureau) (consulted October 13, 2026)
- 2025 ACS Data Release Schedule (U.S. Census Bureau) (consulted October 13, 2026)
- U.S. House Prices Rise 2.1 Percent Year over Year, Up 0.3 Percent Quarter over Quarter (FHFA, August 25, 2026) (consulted October 13, 2026)
- FHFA House Price Index datasets, quarterly purchase-only indexes (state, metro) (consulted October 13, 2026)
- Past Tax Rates, 2025 (Dallas County Tax Office) (consulted October 13, 2026)
- 2026 Tax Rates (Dallas County Tax Office) (consulted October 13, 2026)
- 2025 Tax Rates and Estimated 2026 Tax Rates (Dallas Central Appraisal District) (consulted October 13, 2026)
- Property Tax Assistance (Texas Comptroller of Public Accounts) (consulted October 13, 2026)
- Texas Constitution, Article 8, Section 29 (Texas Legislative Council) (consulted October 13, 2026)