Dallas County, Texas Housing Market Prices
Dallas County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 33% above the Texas median More expensive than 86% of counties in Texas$343,060
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Median rent 12% above the Texas median$1,565
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Dallas County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $343,060 | $258,873 | $248,835 |
| Price Trend (Annual %) | 8.8% | 9.2% | 7.5% |
| Median Gross Rent | $1,565 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 6.7% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Dallas County is about 33% higher than in Texas. Rent is about 12% higher than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Dallas County, up about 8.8% and 6.7% a year respectively. Home prices are changing faster.
Median rent in Dallas County rose about 72.7% between 2015 and 2024, from $906 to $1,565. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 4.5 yearly household incomes in Dallas County.
Buying the median-priced home in Dallas County costs roughly 18.3 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Dallas County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Dallas County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $343,060 | $258,873 | $248,835 |
| Median Household Income | $76,775 | $78,939 | $80,455 |
| Price-to-Income Ratio | 4.5 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Dallas County rose about 139.4%, while median household income rose about 58.9% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Dallas County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 46.8% | 56.7% | 58.5% |
| Rental Rate | 45.4% | 33.9% | 31.2% |
| Vacancy Rate | 7.7% | 9.4% | 10.2% |
| Median Tenure (years) | 13.0 | 14.0 | 15.0 |
| Median Year Moved In | 2013 | 2012 | 2011 |
Dallas County has a homeownership rate of 46.8%, lower than the Texas average of 56.7%. Its housing vacancy rate is 7.7%, compared with 9.4% in Texas.
Housing Stock
| Metric | Dallas County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.63 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1984 | 1990 | 1978 |
| Median Number of Rooms | 5.0 | 5.4 | 5.5 |
The typical housing unit in Dallas County was built around 1984. On average, 2.6 people live in a home with about 5.0 rooms, staying for about 13.0 years on average.
Dallas County, TX Housing Compared With Nearby Counties
Dallas County, TX is the largest of the 6 counties compared here, 2,620,115 residents against a local median of 213,271. The measure that sets Dallas County, TX apart most is homeownership: 50.8%, 33% below the local median of 75.8%. That is the weaker end of the local range on this measure.
Median home price tells the same story from another angle: $343,060 against a local median of $413,241, 17% below it. The counties themselves spread 23.3% on homeownership, so Dallas County, TX sits at one end of an already wide local range rather than apart from it. Dallas County, TX has the 6th highest homeownership of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Dallas County, TX | 2,620,115 | $343,060 #4/6 | $1,565 #4/6 | 50.8% #6/6 |
| Rockwall County, TX | 123,617 | $440,909 | $1,991 | 82.5% |
| Ellis County, TX | 213,271 | $299,277 | $1,594 | 75.8% |
| Collin County, TX | 1,163,170 | $420,862 | $1,859 | 64.5% |
| Tarrant County, TX | 2,166,122 | $322,393 | $1,547 | 59.3% |
| Kaufman County, TX | 172,699 | $413,241 | $1,554 | 78.1% |
Frequently Asked Questions
Common questions about the housing market in Dallas County, Texas.
What is the median home price in Dallas County, Texas?
The median home price in Dallas County, Texas is $343,060, higher than the Texas average of $258,873.
What is the average home price in Dallas County, Texas?
The typical home price in Dallas County, Texas, reported as the median sale price, is $343,060. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Dallas County, Texas?
The median gross rent in Dallas County, Texas is $1,565 per month, higher than the Texas average of $1,402.
What was the median gross rent in Dallas County in 2020?
In 2020, the median gross rent in Dallas County, Texas was $1,159 per month.
What is the price-to-rent ratio in Dallas County, Texas?
The price-to-rent ratio in Dallas County, Texas is about 18.3, meaning it would take roughly 18.3 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Dallas County.
Are home prices or rent rising faster in Dallas County, Texas?
Both home prices and rent are rising in Dallas County, up about 8.8% and 6.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Dallas County, Texas?
46.8% of households in Dallas County, Texas own their home, lower than the Texas average of 56.7%.
What is the vacancy rate in Dallas County, Texas?
The housing vacancy rate in Dallas County, Texas is 7.7%, lower than the Texas average of 9.4%.
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