Texas

Home prices in Texas and Dallas: median value and trend

Median owner-occupied home value: $318,100 in Texas and $354,400 in Dallas (Census ACS 2025). FHFA: Texas prices up 0.5% in a year.

Checked on against the official sources listed at the bottom of the page.

In short

The median value of owner-occupied homes is $318,100 in Texas and $354,400 in the city of Dallas, against $371,100 nationwide (Census ACS 2025). On the FHFA index, Texas prices up 0.5% and Dallas–Plano–Irving prices down 0.1% from Q2 2025 to Q2 2026.

What it costs: median value in 2025

AreaMedian value, 2025Margin of error (90%)
United States$371,100±$646
Texas$318,100±$1,418
Dallas–Fort Worth–Arlington metro area$392,000±$2,717
Dallas County$336,500±$4,368
City of Dallas$354,400±$11,342

Source: Census ACS 2025, table B25077; owners’ own estimates, not sale prices.

Three points stand out:

  • The Texas median is $53,000 below the national median.
  • The city of Dallas sits $36,300 above the Texas median, but $37,600 below the Dallas–Fort Worth metro median. The suburbs pull the metro figure up.
  • The city figure carries a margin of error of ±$11,342, so Dallas’s true median is very likely between about $343,100 and $365,700.

How prices have moved: the FHFA index

It is also the first release with purchase-only indexes for metro divisions such as Dallas–Plano–Irving.

Area1-year change (Q2 2025 to Q2 2026)5-year change (Q2 2021 to Q2 2026)
United States+2.1%+33.4%
Texas+0.5%+25.1%
Dallas–Plano–Irving metro division−0.1%+26.2%

Source: FHFA HPI, purchase-only, Q2 2026 (release of August 25, 2026); changes by Payotte.

Texas home prices were almost flat over the past year, while the national index rose 2.1%. Over five years, Texas and Dallas still gained about a quarter in value, but less than the nation’s 33.4%.

A worked example

Take a Dallas-area home worth $340,000 in the second quarter of 2021. Tracking the Dallas–Plano–Irving index exactly, it would have been worth about $429,000 in the second quarter of 2026 (+26.2%). Over the last year alone, it would have lost about $200 (−0.1%). A single home can differ widely from the index.

How to use these figures when buying

Closing costs come on top: our Texas closing costs guide covers who pays what, and buying a home in Dallas applies these numbers to the city, including property tax. First-time buyers can also check the Texas first-time buyer programs.

Method and dataset

ACS median value. ACS 1-Year 2025, table B25077. Geographies: United States (0100000US), Texas (0400000US48), Dallas–Fort Worth–Arlington metro area (310M700US19100), Dallas County (0500000US48113), Dallas city (1600000US4819000). Values read from the Census Bureau’s ACS 2025 one-year summary file (table B25077) on November 4, 2026. The definition of value comes from the ACS 2025 Subject Definitions.

FHFA index. FHFA HPI (purchase-only, seasonally adjusted), state series (Texas), metro series (Dallas–Plano–Irving, TX metro division, code 19124) and U.S. series. Index values used: Texas 442.24 (Q2 2025), 355.09 (Q2 2021) and 444.25 (Q2 2026); Dallas–Plano–Irving 445.23, 352.45 and 444.95; United States 426.58, 326.58 and 435.69.

Frequently asked questions

What is the median home value in Texas?

Texas’s 2025 ACS median home value is $318,100 (±$1,418), against $371,100 for the nation: owners’ own estimates, not sale prices.

What is the median home value in Dallas?

For the city of Dallas, the 2025 ACS median value is $354,400 (±$11,342). Dallas County is at $336,500 and the Dallas–Fort Worth–Arlington metro area at $392,000.

Are Texas home prices going up or down?

FHFA’s purchase-only index shows Texas prices rose 0.5% over the year to Q2 2026, and the Dallas–Plano–Irving area fell 0.1%. Over five years, they rose 25.1% and 26.2%.

How Texas compares with the other States

Texas ranks 29th of 50 for median home value ($318,100), 14% below the national $371,100.

The States closest in median value are Wisconsin ($316,500) and South Carolina ($306,200). The range runs from $176,300 in West Virginia to $901,500 in Hawaii; Texas is $28,400 below the middle of that ranking (Georgia).

On the FHFA index, Texas prices rose 0.5% over the year to the second quarter of 2026, which places the State 43rd of 50, 1.6 points behind the national +2.1%. Over five years the gain is +25.1% (42nd of 50; nation +33.4%).

Texas sits in the middle of the pack on at least one of the two measures: 29th for the level, 43rd for the one-year change.

Over five years, Texas's +25.1% annualises to +4.6% a year (nation +5.9%). The latest year (+0.5%) is 4.1 points under that average, a slower pace than the five-year average.

Dallas, the main city, has a median of $354,400, 27th of the 49 main cities Payotte covers. That is 11% above the Texas median, a premium that ranks 24th of 49.

The one-year FHFA change runs from -1.2% in New Mexico to +8.3% in Alaska. Texas (+0.5%) is 7.8 points below the top and 1.7 above the bottom; Mississippi (+0.5%) and North Carolina (+0.4%) are the nearest to it.

For scale, 20% of the Texas median is $63,620, against $74,220 at the national median.

Compare with the other states: Median home price by state.

More Texas guides

Sources

Texas · All states · Federal guides