One Metro, Three Speeds: The DFW Housing Market in June 2026

The Dallas-Fort Worth residential market closed June 2026 with its segment divergence still firmly in place — but with a couple of May's storylines quietly flipping. Resale held its spot as the busiest corner of the market, new construction kept trimming list prices even as sold values jumped, and the lease market stayed tight while rents ticked back up. Mortgage rates held at 6.11% — down roughly 68 basis points year-over-year, still the most accommodating backdrop buyers have seen in twelve months.

🏠 New Construction: Builders Keep Cutting List Prices as Sold Values Firm

New construction sent a mixed but telling signal in June. Builders trimmed list prices again month-over-month, yet sold prices firmed sharply — a sign that the homes actually closing are landing closer to where buyers and builders can meet. Transaction velocity ticked up from May but stayed well below last year, and active inventory eased slightly, leaving the segment at a 4.17-month supply.

Key New Construction Market Trends:

• Active Listings: 8,264, down 0.6% from May and 8.3% year-over-year.

  
  

• Average List Price: $540.18K, down 2.7% MoM and 1.0% YoY.

  
  

• Average Sold Price: $485.4K, up 6.1% MoM and 6.8% YoY.

  
  

• New Listings: 2,857, down 0.5% MoM and 10.9% YoY.

  
  

• Closed Sales: 2,101, up 1.3% MoM but down 9.2% YoY.

At 94.3% of original list and 85 days on market, the new-build segment continues to hand buyers real negotiating room. The month-over-month cut in list prices paired with a jump in sold prices suggests builders are pricing more realistically up front — and the homes that meet the market are closing stronger for it.

🏘️ Resale: Inventory Keeps Building, Sold Prices Hold Firm

Resale stayed the market's anchor in June. Closed sales kept climbing on both a monthly and annual basis while inventory continued to build, and sold prices firmed again month-over-month — steady demand rather than froth. Year-over-year sales growth held solidly positive, and the segment is still moving faster than new construction.

Key Resale Market Trends:

• Active Listings: 28,305, up 4.8% MoM and down 6.5% YoY.

  
  

• Average List Price: $527.87K, down 3.8% MoM and 3.1% YoY.

  
  

• Average Sold Price: $487.9K, up 1.8% MoM and 1.4% YoY.

  
  

• New Listings: 10,957, down 6.5% MoM and 5.9% YoY.

  
  

• Closed Sales: 7,044, up 0.9% MoM and 5.4% YoY.

At 6.09 months of supply, resale sits at the upper edge of balanced territory — buyers are gaining a little leverage even as sellers continue to capture 95.0% of original list at an average of 56 days on market.

🔑 Lease: Supply Stays Tight, Rents Tick Back Up

The lease market held its grip in June. Active inventory kept shrinking on both a monthly and annual basis — down nearly 19% year-over-year — and after softening in May, rents firmed back up, with both list and closed prices rising month-over-month. Average closed rent is still fractionally below last year, but the segment remains the tightest and most pricing-resilient in the report.

Key Rental Market Trends:

• Active Listings: 9,293, down 0.8% MoM and 18.7% YoY.

  
  

• Average List Price: $2.46K, up 1.1% MoM.

  
  

• Average Sold Price: $2.4K, up 1.1% MoM and down 0.6% YoY.

  
  

• New Listings: 6,515, up 3.1% MoM and down 9.7% YoY.

  
  

• Closed Leases: 4,563, down 5.2% MoM and 8.9% YoY.

Properties are still leasing at 97.9% of original list — the strongest pricing power across all three segments, even as closed volume cools.

📈 Market Outlook

June's data points to a market settling into its lanes: resale carrying the volume, new construction repricing to move product, and lease staying landlord-favorable — all supported by the most accommodating rate backdrop in twelve months.

• Mortgage Rate: 6.11%, down roughly 68bps YoY — material relief for qualifying buyers.

  
  

• Negotiation Window: Buyers retain meaningful leverage in new construction (94.3% of original) and modest leverage in resale (95.0%).

  
  

• Inventory Profile: 4.17-month supply in new construction sits in the balanced band, resale at 6.09 months is edging toward buyer-friendly, and lease stays tight at 2.16 months.

  
  

• Coming Soon: 580 new-construction and 580 resale listings in the pipeline, plus 280 lease — solid optionality entering July.

  
  

Important Note:

This analysis is based on data from NTREIS (North Texas Real Estate Information Systems) as of June 30, 2026.  Market conditions can change rapidly, and this report is intended for informational purposes only. It should not be considered a guarantee of future market performance.