Dallas Home Prices: What Buyers Should Watch

In Dallas, ~26% of listings had asking-price cuts in the four weeks ending September 20, placing the metro among markets seeing the most reductions.
That share was ↑~1 point yearly, signaling more sellers adjusted expectations as Dallas moved deeper into a buyer-friendlier market during 2026 recently.
The national 30-yr fixed mortgage rate moved above 7% in Late-Q3 and was near mid-7% recently, raising borrowing costs for Dallas-area buyers.
An economist said many homes were lingering on the market, prompting some Dallas sellers to cut prices as they adjusted to current financing realities.
Dallas was one of 12 metros highlighted for having a large share of active listings with asking-price cuts in the current market.