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

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