North Texas Housing Market, September 2026: What Buyers and Sellers Should Know

Every month, MetroTex Association of REALTORS® releases housing numbers for North Texas. The September 2026 report came out October 16, and the short version is this: the market is calmer than it was a few years ago, and that's not a bad thing for anyone with a plan.

Here's what the numbers say and what they mean if you're buying or selling in Mansfield, Arlington, Fort Worth, Burleson, Grand Prairie, or anywhere else in the Metroplex.

Prices are holding steady

The median sales price across North Texas was $385,000 in September, down 1% from September 2025. The average price was $509,534, up 4%. When the median and the average move in different directions, it usually means more sales at the higher end are pulling the average up while the typical home's price stays about flat.

Fewer homes are selling

There were 6,759 single-family home sales in September, down 7% from a year earlier. Pending sales, the contracts that haven't closed yet, fell 19% to 5,536. That points to a quieter stretch of closings heading into the holidays.

Buyers have more room to negotiate

• Inventory: 4.3 months of supply. That means it would take a little over four months to sell every home on the market at the current pace.
• Active listings: 31,325, down 2% from a year ago.
• Days on market: 62 on average, two fewer than last September.
• Sale-to-list ratio: 93.9%. On average, homes sold for a bit over 6% below their list price.

Mortgage rates eased slightly

Freddie Mac's Primary Mortgage Market Survey put the average 30-year fixed rate at 7.24% for the week of October 29, down from 7.32% the week before. The 15-year fixed averaged 6.60%. A year ago, the 30-year rate was 6.17%. Your own rate depends on your credit, loan type, and down payment, so a lender is the best person to give you real numbers.

DFW keeps getting attention

On October 28, MetroTex noted that PwC and the Urban Land Institute ranked Dallas-Fort Worth the top real estate market to watch in their Emerging Trends in Real Estate 2027 report, for the third year in a row. The report also ranked DFW second for homebuilding prospects.

What it means for you

If you're buying, you likely have more homes to choose from and more room to negotiate than you would have a few years ago. Getting pre-approved and knowing your budget at today's rates puts you in a strong spot.

If you're selling, pricing is everything. Homes that are priced right and show well are still selling. Overpriced homes are the ones sitting.

Want to know what these numbers mean for your street? The On The Move DFW Team can pull recent sales for your neighborhood and walk you through it.