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Monday, March 31, 2025

Dallas County home prices fall in February 2025 compared to February 2024

Webp re 10

In February, the median sale price of a home in Dallas County fell by $1,675 from the same period in the previous year, while total sales decreased by 0.2%, according to BlockShopper.com.

There were 1,688 homes sold in February, with a median sale price of $208,630 — a 0.8% decrease from the $210,305 median sale price during the same period of the previous year. In comparison, 1,692 homes were sold in Dallas County in February 2024.

Based on the latest available data from 2020, the median sales tax in Dallas County was $5,114, which stands at 2.5% of February's median home sale price.

The U.S. housing market has soared in recent years, with its total value nearing $50 trillion in 2024. This is almost five times greater than the market's value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.

The following histogram displays changes in median sales prices in Dallas County from February 2024 to February 2025.

February 2024March 2024April 2024May 2024June 2024July 2024August 2024September 2024October 2024November 2024December 2024January 2025February 2025$210,305$210,305$199,870$199,870$209,510$209,510$210,625$210,625$198,000$198,000$205,000$205,000$197,810$197,810$203,725$203,725$206,630$206,630$207,480$207,480$208,930$208,930$197,370$197,370$208,630$208,630

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