{"id":124700,"date":"2026-01-15T19:38:07","date_gmt":"2026-01-15T19:38:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/124700\/"},"modified":"2026-01-15T19:38:07","modified_gmt":"2026-01-15T19:38:07","slug":"dallas-saw-2nd-steepest-housing-price-drop-from-2024-2025-2","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/124700\/","title":{"rendered":"Dallas saw 2nd-steepest housing price drop from 2024-2025"},"content":{"rendered":"<p>A new real estate analysis has revealed housing prices across the Southern United States have seen a major large-scale decline from 2024-2025, with North Texas homebuyers experiencing the second-steepest &#8220;price correction&#8221; in the region.<\/p>\n<p>Dallas-Fort Worth buyers have a better chance of purchasing an affordable home this year after prices cooled 5.71 percent from 2024-2025, the <a href=\"https:\/\/www.zoocasa.com\/blog\/where-housing-affordability-is-improving-2026\/?utm_source=pitch&amp;utm_medium=pitch&amp;utm_campaign=home+prices+drops+2026&amp;utm_id=home+prices+drops+2026\" target=\"_blank\" rel=\"nofollow noopener\">study<\/a> found.<\/p>\n<p>Online real estate marketplace Zoocasa compared year-over-year median price changes for single-family homes across 20 cities in the South based on local real estate data. The study also looked at housing affordability in the American West, Midwest, and Northeast.<\/p>\n<p>In Zoocasa&#8217;s ranking of the Southern cities where affordability is improving the most, Dallas ranked No. 2.<\/p>\n<p>In 2024, the median price for a single-family home in Dallas was nearly $398,000, which has since dropped to $375,000 in 2025. North Texas sellers may not be happy about cooling prices, but it does make housing more attainable for first-time homebuyers.<\/p>\n<p>Better housing prices will surely attract even more new residents to the DFW area, especially when one considers Dallas was the <a href=\"https:\/\/dallas.culturemap.com\/news\/real-estate\/uhaul-growth-index-2025-dfw\/\" target=\"_blank\" rel=\"nofollow noopener\">No. 1 destination for movers<\/a> in 2025, and its suburbs are still <a href=\"https:\/\/dallas.culturemap.com\/news\/real-estate\/best-city-to-move-to\/\" target=\"_blank\" rel=\"nofollow noopener\">booming<\/a> in popularity. <\/p>\n<p>&#8220;Affordability is on the rise across Texas, with major cities seeing significant price corrections,&#8221; the report said. &#8220;Most importantly for buyers, the median home price in each of these cities remains more affordable than the national median.&#8221;<\/p>\n<p>The national median price of a home in the third quarter of 2025 was $426,800, according to the <a href=\"https:\/\/www.nar.realtor\/research-and-statistics\/housing-statistics\/metropolitan-median-area-prices-and-affordability\" target=\"_blank\" rel=\"nofollow noopener\">latest information<\/a> from the National Association of Realtors (NAR).<\/p>\n<p>Housing affordability elsewhere in Texas<br \/>In Beaumont-Port Arthur (a metro area east of Houston), housing prices have fallen 4.62 percent year-over-year, making it the metro with the No. 5 steepest price correction in the South. Median home prices dropped to $217,000 in 2025, or $10,500 lower than the year before, the report found.<\/p>\n<p>Austin&#8217;s housing prices fell 2.04 percent during the same time span, landing the Capital City in the No. 9 spot. The median price of a single-family home in Austin fell from $437,925 in 2024 to $429,000 last year.<\/p>\n<p>Houston appeared just outside the top 10, ranking 11th out of 20 Southern cities, with housing prices falling by 1.5 percent during the one-year period. Houston housing prices in 2025 fell to $335,000, or $5,000 lower than the year before.<\/p>\n<p>Surprisingly, San Antonio ranked near the bottom of the list with housing prices increasing by five percent year-over-year. Single-family homes in the Alamo City had a median price just under $300,000 in 2024, which spiked to $315,000 in 2025.<\/p>\n<p>Housing market predictions in 2026<br \/>Zoocasa predicts the 2026 U.S. housing market is &#8220;poised for a steady revival&#8221; since mortgage rates have dipped nearly a full percentage point since this time last year. Current interest rates for a a 30-year mortgage are sitting at 6.16 percent, the study said.<\/p>\n<p>The NAR report additionally found that pending home sales have grown by 2.6 percent year-over-year from 2024.<\/p>\n<p>&#8220;Homebuyer momentum is building,&#8221; said NAR Chief Economist Lawrence Yun. &#8220;The data shows the strongest performance of the year after accounting for seasonal factors, and the best performance in nearly three years, dating back to February 2023.&#8221;<\/p>\n<p>The top 10 Southern cities where housing affordability is improving the most in 2026 are:<\/p>\n<p>No. 1 \u2013 Naples-Immokalee-Marco Island, FloridaNo. 2 \u2013 Dallas, TexasNo. 3 \u2013 Durham, North CarolinaNo. 4 \u2013 Ocala, FloridaNo. 5 \u2013 Beaumont-Port Arthur, TexasNo. 6 \u2013 Cape Coral-Fort Myers, FloridaNo. 7 \u2013 Jacksonville, FloridaNo. 8 \u2013 Atlanta, GeorgiaNo. 9 \u2013 Austin, TexasNo. 10 \u2013 Raleigh, North Carolina<\/p>\n","protected":false},"excerpt":{"rendered":"A new real estate analysis has revealed housing prices across the Southern United States have seen a major&hellip;\n","protected":false},"author":2,"featured_media":124684,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[102,104,103,12704,53939,111,31979],"class_list":{"0":"post-124700","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-dallas","8":"tag-dallas","9":"tag-dallas-headlines","10":"tag-dallas-news","11":"tag-housing-affordability","12":"tag-housing-prices","13":"tag-real-estate","14":"tag-real-estate-report"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/124700","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=124700"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/124700\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/124684"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=124700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=124700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=124700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}