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Dallas

Average Value

$318,600

Average Value

Average Price per Sq Ft

$203

Average Price per Sq Ft

Home for sale

Home for sale

Living in Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

taylor@mpcres.com

Agent

Magnolia Property Company • Dallas, TX

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Market Fundamentals

Population & Growth

Dallas continues to experience strong population inflows, reinforcing long-term housing demand across both major metros and emerging secondary markets.

Total Population:

1,302,868

Growth Rate:

~0.8%

Net Migration:

Positive

Employment & Economic Conditions

A diversified economic base supports resilience and sustained housing demand across cycles.

Unemployment Rate:

3.60%

Total Employment:

14.5 million jobs

Largest Sectors:

Trade, Transportation & Utilities (~1.1M)
Professional & Business Services (~950K)
Education & Health Services (~800K)
Government (~700K)
Construction (~300K)

Income & Household Economics

Income levels remain competitive relative to housing costs, supporting affordability compared to higher-cost U.S. markets.

Median Household Income:

$64,034

Per Capita Income:

$38,528

Housing Market & Affordability

Home prices remain relatively accessible, supported by strong supply and continued development.

Median Home Value:

$318,600

Homeownership Rate:

41.80%

Median Rent:

$1,471

Monthly Owner Cost:

$1,981

Home Price Trend:

~2–3% YoY growth

Additional Market Insights

Rent vs. Own

Owner Occupied:

41.8%

Renter Occupied:

58.2%

This Neighborhood Has More Renters

RentOwn10%20%30%40%50%60%

Migration

Population Change

Positive migration

(2024–2025)

Housing Supply

New Permits Issued:

~5,500 units

Education Dallas ISD

Enrollment

~140,000 students

Graduation Rate

~81%

Student–Teacher Ratio

~15:1

Crime & Safety

Violent Crime

~8.0 per 1,000

Property Crime

~35.0 per 1,000

Climate

Avg Temperature

~66.5°F

Annual Rainfall

~37.6 inches

Extreme heat days

~90+ days ≥90°F

Geography

Counties

Dallas, Collin, Denton, Rockwall

Sources

Population & Growth

  • U.S. Census Bureau – Population Estimates Program (PEP)

Housing Market

  • U.S. Census Bureau – American Community Survey (ACS)
  • Federal Housing Finance Agency – House Price Index (FHFA HPI)

Climate

  • National Oceanic and Atmospheric Administration – National Centers for Environmental Information (NOAA NCEI)

Rent vs Own

  • U.S. Census Bureau – American Community Survey (ACS)

Employment & Economic Conditions

  • U.S. Bureau of Labor Statistics – Local Area Unemployment Statistics (LAU)
  • U.S. Bureau of Labor Statistics – Quarterly Census of Employment and Wages (QCEW)

Education K-12

  • U.S. Department of Education – National Center for Education Statistics (NCES)
  • U.S. Department of Education – National Center for Education Statistics (NCES), Common Core of Data (CCD)
  • Dallas Independent School District Annual Report / National Center for Education Statistics (NCES)
  • U.S. Department of Education – National Center for Education Statistics (NCES), School District Finance Survey (F-33)

Geography

  • U.S. Census Bureau – TIGER/Line Shapefiles
  • U.S. Census Bureau – Geographic Boundary Files
  • U.S. Department of Education – National Center for Education Statistics (NCES), School Attendance Boundary Survey (SABS)

Migration

  • U.S. Census Bureau – Population Estimates Program (PEP)

Income & Household

  • U.S. Census Bureau – American Community Survey (ACS)

Crime & Safety

  • Federal Bureau of Investigation – Uniform Crime Reporting Program (UCR) / Texas Department of Public Safety – Crime in Texas Report

Voting

  • U.S. Census Bureau – Current Population Survey (CPS), Voting and Registration Supplement / Local Election Data

Housing Supply

  • U.S. Census Bureau – Building Permits Survey / Federal Reserve Economic Data (FRED)