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    A new ceiling

    Dallas-Fort Worth to unlock Texas' biggest home price decrease in 2020, says new report

    John Egan
    Dec 11, 2019 | 10:47 am
    Couple buying a house
    DFW will see Texas' biggest decrease in home prices next year.
    Photo courtesy of Austin Board of Realtors

    Homebuyers in Dallas-Fort Worth may have a price break to look forward to in 2020, according to a new forecast from Realtor.com.

    In an outlook published December 4, Realtor.com foresees home prices in DFW declining 0.5 percent in 2020 versus 2019. That would be the biggest drop in home prices among the state’s four major metro areas.

    “The North Texas housing market has come off of several record-breaking years,” says Cathy Mitchell, president of the MetroTex Association of Realtors. “A slight self-correction in the market compared to what we have experienced the last few years was expected and could prove to be beneficial in balancing our market with more quality inventory.”

    MetroTex says the median home price in DFW jumped 6 percent to $264,000 in October compared with the same time in 2018.

    Elsewhere in Texas, Realtor.com anticipates buyers in the Austin area will enjoy a 0.2 percent dip in home prices next year compared with this year.

    “As a realtor who serves the Austin real estate market daily, I do not agree with the Realtor.com forecast,” Romeo Manzanilla, incoming 2020 president of the Austin Board of Realtors, tells CultureMap. “Affordability concerns in the Austin metro area will continue to persist in 2020, as Austin’s economy will be fueled by tech and other companies relocating, expanding, or establishing secondary headquarters in Austin. Given the housing shortage and continued demand, median home prices will continue to rise at a conservative rate.”

    In October, the median home price in the Austin area soared 7.4 percent to $327,500 versus the same time in 2018, according to the Austin Board of Realtors. That makes Austin the priciest home market among the four major metro areas in Texas.

    Homebuyers in San Antonio are in store for a bit of sticker shock in 2020. Realtor.com predicts prices for single-family homes in the San Antonio metro area will climb 0.8 percent next year compared with 2019 — the highest price increase on tap among Texas’ four major metro areas.

    “We are fortunate in San Antonio that we have remained pretty steady in our price growth over the years while other markets continue to fluctuate,” Grant Lopez, chairman of the San Antonio Board of Realtors, tells CultureMap. “And despite the increase in prices, we are still one of the most affordable housing markets in Texas.”

    In October, the median home price in the San Antonio area stood at $235,700, up 6 percent from October 2018, according to the San Antonio Board of Realtors. That’s the lowest median price among the state’s four largest metro areas.

    Homebuyers in the Houston metro area are expected to see a tiny bump in prices next year — 0.2 percent compared with 2019, according to the Realtor.com forecast.

    “Overall, I think 2020 will be a good year to be a buyer, and I think sellers will have to reset some expectations depending on their hyperlocal market,” Paige Martin, broker associate and leader of the Houston Properties Team at Keller Williams, tells CultureMap.

    In October, the median price for a home in the Houston area reached $239,900, up 2.1 percent from October 2018, the Houston Board of Realtors says.

    Overall, the Realtor.com forecast indicates median home prices will stay relatively steady across the state’s four biggest metro areas in 2020 — and will stay well below prices in a number of East Coast and West Coast markets, particularly big metro areas in Northern and Southern California.

    “Cities in Arizona, Nevada, and Texas will continue to benefit from shoppers looking for more affordable alternatives to California,” says George Ratiu, senior economist at Realtor.com.

    home-for-sale
    news/real-estate
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    Dallas Got Robbed

    The richest small town in Texas is surprisingly not in Dallas

    Amber Heckler
    Dec 12, 2025 | 1:18 pm
    Bellaire, Texas
    Facebook / City of Bellaire, Texas
    Houston neighbor Bellaire is the richest town in Texas.

    A survey of affluent small towns has found one town in Texas to be at the top of the list, but shockingly, it is not in Dallas. The town of Bellaire, a small enclave within the Houston metro area, has earned the top spot as the richest small town in Texas for 2025. Boo.

    The report, "The Richest Small Town in Every State," from GoBankingRates, selected one city from each state, using data from the U.S. Census Bureau's American Community Survey to determine the 50 richest small towns based on their median household income.

    Describing Bellaire as a "small town" might be a misnomer. It's located less than 10 miles from downtown Houston and is fully surrounded by the City of Houston. It's really more of a wealthy enclave within Houston, with a population of just over 17,000 residents.

    Those affluent citizens earn a median $236,311 in income every year, which GoBankingRates says is the 11th highest household median income out of all 50 cities included in the report.

    The average home in this city is worth over $1.12 million, but Bellaire's lavish residential reputation often attracts properties with multi-million-dollar price tags.

    Bellaire also earned a shining 81 livability score for its top quality schools, health and safety, commute times, with an abundance of exceptional local amenities.

    Those include conveniently located grocery stores, coffee shops, diverse dining options, and spacious parks.

    It's not the first time that Bellaire has caught the eye of GoBankingRates, which previously ranked it as the No. 23 wealthiest suburb in America, and it's been named on similar lists comparing the richest American cities.

    Dallas can take comfort in the fact that a different survey found Lewisville to be of the cities attracting the most high-income households, meaning those that make more than $200,000. However, census data places the most recent median income in Lewisville at $85,002 — so it's nowhere close to catching up to Bellaire.

    suburbshoustonbellaireaffluent households
    news/real-estate

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