Dallas Real Estate Market 2023: Housing Forecast, Trends & Predictions

2023 Housing Market Overview

Dallas Real Estate Market 2023

Dallas Real Estate Market Overview

Metro Population: 8 M

Median Household Income:$65,000

Unemployment Rate:3.3%%

Median Home Price*:$378,000

Median Monthly Rent*:$1,770

Dallas Fort Worth Real Estate Market 2023 - Overview

Interested in investing in the Dallas real estate market at the end of 2022 or into 2023? On this page you’ll learn about housing market trends and statistics to help you make that decision.

About Dallas

Dallas is the ninth-largest city in the United States and the third-largest in Texas, with a population of over 7 million residents. The city is home to some of the most famous sports teams in all of North America, including the Dallas Cowboys and the Texas Rangers. It’s also known for its smoked barbecue and authentic Mexican food.

The city itself sits at the center of North Central Texas, 35 miles from Fort Worth, 245 miles from Houston, and 300 miles from the Gulf of Mexico. Its climate is characterized by long winters, short springs and falls, and hot summers with occasional cold snaps.

Dallas began as a marketing center and remains one today—its trade economy is based on wholesale commerce in apparel, gifts, and furniture. The city hosts a large number of trade shows each year at the Dallas Market Center Complex – 150 acres in the northwest sector of the city. The Dallas Market Center Complex houses the World Trade Center, Dallas Trade Mart, Market Hall, Apparel Mart, Menswear Mart and Home Furnishings Mart.

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Major Employers in Dallas

Dallas Housing Market News

  • "Why Dallas housing prices will keep rising" - Dmagazine
  • "The biggest commercial property market in the US" - TheRealDeal
  • "Institutional buyers and hedge funds bought 43% of homes sold in Dallas County in 2021" - The Center Square
  • "Ranks fifth in the US for rental home construction" - Yardi Matrix
  • "Dallas-Fort Worth adding new jobs at triple its pre-pandemic pace" - Bizjournals
  • "#1 Best City to Buy Housing" - Forbes
  • "#3 in Fastest Growing US Cities" - Forbes
  • "#4 Best City for Families" - Parenting
  • "#5 Best City for Jobs" - Forbes
  • "Massive Growth in Dallas-Fort Worth" - Culture Map
  • "Growth in Multi-Family Market" - Forbes
  • "#10 Best Place for Business and Careers" - Forbes
  • "#15 Best Place to Live" - U.S. News
  • "Texas #4 in Best States for Growth" - U.S. News

Property Teams

Property Team details can only be viewed in the Investor Portal, which can be accessed by RealWealth members who are logged in at Investor.RealWealth.com

Sample properties

Sample properties can only be viewed in the Investor Portal, which can be accessed by RealWealth members who are logged in at Investor.RealWealth.com.

Disclaimer: The information provided on this page is for educational purposes only. RealWealth makes no warranty or representation as to the accuracy, completeness or reliability of this information. Please be advised that this content may contain errors, is subject to revision at all times, and should not be relied upon for any purpose. Under no circumstances shall RealWealth be liable to you or anyone else for damage stemming from the use or misuse of this information.

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