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    Hot Properties

    Real estate authority asserts Dallas is second hottest U.S. market right now

    Jonathan Rienstra
    Mar 6, 2015 | 4:03 pm

    As the spring homebuying season approaches, the Dallas-Fort Worth market is expected to be the second-hottest in the country behind only Waco, according to experts at Realtor.com. By examining the median age of housing inventory in February and traffic on the site, Realtor.com’s chief economist Jonathan Smoke says these two Texas markets are primed to lead the pack.

    The median age of housing inventory in Dallas-Fort Worth-Arlington is 62 days. That’s the best in Texas and 41 days shorter than the national average of 103. Although Waco doesn’t appear in the top 20 on that list, it earns the title as hottest projected market because of online activity.

    Active Waco listings on Realtor.com are viewed, on average, 335 times — the highest in the country. Dallas comes in second, at 219 pageviews per active listing. To put that in perspective, the national average is 73 pageviews per active listing. No other Texas market made the top 20.

    Smoke says that for Dallas, both metrics indicate that buyers are gearing up to hit a market that sellers are taking advantage of.

    “It’s a good measure that supply is getting tighter when you see that the age is getting lower, then demand is increasing faster than supply,” he says. “It’s a two-edged sword. It’s great if you’re an existing homeowner or seller, but it’s what’s behind prices accelerating and declines in affordability.”

    The supply issue is affected by an inventory that shrank 30 percent between January 2014 and January 2015, as there were 16,000 homes available for sale in the area at the beginning of 2015.

    “It is tight,” Smoke says. “It’s an issue broadly across the U.S., and one way to characterize what we’re seeing in Dallas is that it’s following the national trend but more intensely.”

    Smoke says that there is relief for buyers on the horizon, because February’s inventory is expected to be up from January when the full numbers come in later this month.

    “Typically you see an inventory increase this time of year,” he says. “Warmer markets get prepared for the spring selling season. There’ll be a large number of listings in March; the market is reacting, and inventory is increasing.

    “We think that the inventory is going to be up [in Dallas] about 4.5 percent.”

    Here is the complete list of Realtor.com’s 20 hottest markets right now:

    1. Waco, Texas
    2. Dallas-Fort Worth-Arlington, Texas
    3. Santa Rosa, California
    4. Denver-Aurora-Lakewood, Colorado
    5. Vallejo-Fairfield, California
    6. Ann Arbor, Michigan
    7. Fort Wayne, Indiana
    8. Santa Maria-Santa Barbara, California
    9. Charleston, West Virginia
    10. San Luis Obispo et al, California
    11. Columbus, Ohio
    12. Boulder, Colorado
    13. Detroit-Warren-Dearborn, Michigan
    14. Hartford-West Hartford et al, Connecticut
    15. Manchester-Nashua, New Hampshire
    16. San Francisco-Oakland et al, California
    17. San Diego-Carlsbad, California
    18. Charleston-North Charleston, South Carolina
    19. Toledo, Ohio
    20. Boston-Cambridge-Newton, Maine/New Hampshire
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    Going Down

    This Dallas suburb saw 5th biggest drop in home prices in U.S. in 2026

    Amber Heckler
    Apr 16, 2026 | 9:08 am
    Women walking in Plano
    Photo courtesy of City of Plano
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    Good news for potential Dallas-area homebuyers: Housing prices in Plano have come down nearly $30,000 since last year.

    Typical home values in Plano have fallen 5.1 percent since February 2025, now standing at $501,564, down from $528,510.

    The new housing study from SmartAsset analyzed home values across the 100 biggest metro areas using Zillow’s Home Value Index tool for single-family homes, condos, and co-ops. Home value data was sourced for the month of February in 2021, 2025, and 2026.

    Plano is joined by Oakland, California (No. 1); Saint Petersburg (No. 2); Naples, Florida (No. 3); and Austin (No. 4) as the top five U.S. cities with the biggest one-year home price reductions in the U.S.

    Housing prices in Dallas-Fort Worth have been on the decline since 2024, a separate study found, but SmartAsset said they're still a whopping 32.4 percent higher than they were in 2021. And compared to Plano's pre-pandemic housing market in 2019, prices have ballooned by 44.1 percent.

    Here's how much cheaper housing prices are in other North Texas cities:

    Dallas:

    • One year change: -3.79 percent
    • Typical home value in 2025: $317,550
    • Typical home value in 2026: $305,523

    Arlington:

    • One year change: -3.41 percent
    • Typical home value in 2025: $318,649
    • Typical home value in 2026: $307,792

    Fort Worth:

    • One year change: -3.08 percent
    • Typical home value in 2025: $305,236
    • Typical home value in 2026: $295,822

    DFW homeowners are also entering the best time of the year to sell their houses, which could add a sudden sense of competitiveness for buyers.

    Home prices elsewhere around the U.S. have seen varying changes, according to the report.

    "Between 2025 and 2026, the typical home value in large U.S. cities actually declined by 1.04 percent, with values dropping in 70 percent of cities," the report's author wrote. "But the full range of changes from market to market ran the gamut from -9.1 percent to +5.01 percent, putting both hopeful buyers and homeowners in starkly different environments across the nation."

    The top three U.S. cities where home prices increased the most since 2025 are Toledo, Ohio (No. 2); Lincoln, Nebraska (No. 2); and San Francisco (No. 3).

    The 10 cities with the biggest one-year decreases in home values are:

    • No. 1 – Oakland, California
    • No. 2 – Saint Petersburg, Florida
    • No. 3 – Naples, Florida
    • No. 4 – Austin
    • No. 5 – Plano
    • No. 6 – Aurora, Colorado
    • No. 7 – Denver
    • No. 8 – Atlanta
    • No. 9 – Stockton, California
    • No. 10 – Tampa
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