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    Hot 'hoods

    5 best neighborhoods to buy a forever home in Dallas right now

    Diana Oates
    May 17, 2018 | 1:40 pm
    411 Newell, Hollywood Heights Home Tour
    This home, at 411 Newell Ave., was a part of a Hollywood Heights home tour.
    Photo by Kim Leeson

    The thought of a "forever home" might be terrifying, especially for young professionals who expect to move several times before they retire.

    But with the Dallas housing market still red-hot and inventory available in some of the city's most established neighborhoods, now is the time to look for a home that you can call yours for many years to come. When deciding where to settle down — one of life's biggest decisions — it's smart to consider the advice of experts.

    We consulted some of the top real estate pros in town for their picks on the five best Dallas neighborhoods to buy a forever home in 2018. Spoiler alert: people seem to be returning to classic neighborhoods instead of up-and-coming 'hoods that tempt buyers with low prices and new constructions.

    Lakewood
    Anyone with an affinity for White Rock Lake has to be familiar with this iconic neighborhood just moments from downtown. It is known for its laid back luxury and impressive homes both old and new. Families flock to this neighborhood to send their children to the award-winning Lakewood Elementary. And while this neighborhood is not new, it has new life as the kids who grew up in this area are now returning with families of their own.

    “Lakewood has a familiarity to everyone; it is the neighborhood you grew up in," says Kyle Brinkley of Brinkley Property Group. "For me it's authentic — a small-town feel in a big city. That, plus the proximity to the lake fosters an active, outdoorsy lifestyle that is unique to Dallas, making it a top choice.”

    Here's a house we love: 6446 Westlake Ave.

    Preston Hollow
    Wide open spaces. Okay, not in the traditional sense; however, when it comes to Dallas real estate, you can't beat the big lots of Preston Hollow. This neighborhood seems to be ideal for those who have chosen the private school route, as it mirrors the aesthetic of the Park Cities but not its price tag for the same-sized lots and houses. Despite years of being a popular place to live, Preston Hollow continues to glisten with glamorous charm and a tasteful mix of modern and traditional houses.

    "Plentiful trees, creeks, and hollows just six miles north of downtown Dallas ... what's not to love?" says Christy Berry, managing broker of Compass Dallas. "In addition to that, Preston Hollow is easily accessible to many top private schools and is known for its large lots and quiet streets."

    Here's a house we love: 9101 Douglas Ave.

    Kessler Park/North Oak Cliff
    Calling this neighborhood a hidden Dallas gem would be quite accurate, as you literally have to cross a bridge to get to it. If you crave rolling hills, beautiful trees, and impressive lots, you must consider this Southern pocket of Dallas that still offers big homes at relatively low prices. The residents of this neighborhood all seem to know one another, and porch parties and neighborhood get-togethers still happen often here. It is also that much closer to Fort Worth should anyone be commuting back and forth within DFW.

    "You can still find reasonably priced homes, condos, and townhomes; and the neighborhood offers a relaxed, welcoming vibe that is so comfortable,” says Steve Habgood of the Hewitt Habgood Realty Group. “Cool features of the area include the Bishop Arts District, Davis Retail District, the Kessler Theater, Stevens Park Golf Course, Sylvan | Thirty mixed-use development, and Trinity Groves — and all of this is just minutes to downtown Dallas, the Arts District, Uptown, and Klyde Warren Park.”

    Here's a house we love: 818 Woodlawn Ave.

    University Park
    Pristine yards, quiet streets, and gorgeous homes are just a couple of the reasons that people flock to this town-within-a-city. And while houses in this neighborhood are pricey, many view its proximity to downtown and its many amenities to be worth the price tags. The neighborhood also has its own fire, police, and luxurious pool. Those with a coveted University Park address also benefit from an exemplary public school system that starts at kindergarten and continues through high school.

    "I’m a big believer in buying into a good school district," says Rogers Healy, CEO and Owner of Rogers Healy Companies. "As a Highland Park High School alum, I’ve always been a fan of the Park Cities real estate market. The leasing market is always demanding, which gives buyers a sense of insurance when selling isn’t as easy as it has been in the past."

    Here's a house we love: 3232 Lovers Ln.

    Hollywood Heights/Santa Monica
    Last but not least, this unicorn of a neighborhood south of White Rock Lake manages to avoid the high price tags of Lakewood proper while still boasting the Lakewood Elementary zoning designation. It's hard to resist one of the largest collections of stone-embellished Tudor cottages with this much history.

    In fact, many people buy small homes with original features — such as stained glass — and add on to accommodate growing families because they love the neighborhood (and its people) that much. But be warned that word is spreading about this neighborhood; experts say prices are rising fast.

    Here's a house we love: 707 Cordova St.

    home-for-sale
    news/real-estate

    luxury real estate

    Dallas-Fort Worth led Texas in sales of million-dollar homes in 2025

    Amber Heckler
    Jan 8, 2026 | 12:11 pm
    10316 Bel Aire Dr., Dallas
    Estately.com
    This home at 10316 Bel Aire Dr. in Dallas' Lake Highlands neighborhood is on the market for $1.1 million.

    A new luxury real estate report reveals Texas broke a record for the highest number of million-dollar homes sold from November 2024 to October 2025, and Dallas-Fort Worth boasted the largest share of million-dollar home sales statewide.

    A total of 14,418 Texas homes were sold for at least $1 million last year, generating a record-breaking $24.5 billion, according to Texas Realtors' 2025 Texas Sales of Million-Dollar Homes Report. The number of luxury home sales in the state soared 12 percent compared to the previous year.

    Million-dollar home sales in Dallas-Fort Worth-Arlington made up 38 percent of all luxury home sale transactions in Texas during the 12-month period, the report found. The total sales dollar volume of DFW homes that sold for $1 million or more added up to about $9.7 billion.

    Nearly 5,500 million-dollar homes were sold in the North Texas Metroplex at an average price of $402 per square foot. For comparison, the average price per square foot for all residential homes in Dallas-Fort Worth was $204.

    Both figures are not far from the statewide average, according to Texas Realtors.

    "The average price per square foot of $1 million+ homes increased to $423 from $418 last year and was more than double the $188 average price per square foot of all Texas homes," the report said.

    Dallas-Fort Worth luxury homes are also more than twice the size of the typical residential home in the region. A million-dollar home in DFW spanned 4,284 square feet, compared to 2,096 median square feet for all residential homes in the metro.

    "High-end homes continue to be a small but mighty segment of the market," said Texas Realtors chairman Jennifer Wauhob in a press release. "Texans remain confident in the value of these properties, whether they are drawn to outstanding amenities, prime locations, or both."

    Elsewhere in Texas, Houston-Pasadena-The Woodlands saw the second-highest share of million-dollar home sales in Texas, at 27 percent, followed by Austin-Round Rock-San Marcos (19 percent), the rest of Texas (11 percent), and San Antonio-New Braunfels (5 percent).

    housing marketmillion dollar homesluxury real estatetexas realtorsdallasfort wortharlington
    news/real-estate

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