The housing market in the Dallas-Fort Worth-Arlington, TX Metro Area is thriving. The median value for a house in the area is $350,100, which is higher than the national average of $338,100. Furthermore, in the past year, house appreciation has been particularly impressive with a 16.32% increase compared to 8.27% nationally. This shows that people are eager to purchase homes in this area and that the demand for housing remains strong.
The median home cost in Dallas-Fort Worth-Arlington Metro Area is $350,100. Home appreciation the last 10 years has been 152.9%. Home Appreciation in Dallas-Fort Worth-Arlington Metro Area is up 22.7%.
Average Age of Homes
- The median age of Dallas-Fort Worth-Arlington Metro Area real estate is 30 years old
The Rental Market in Dallas-Fort Worth-Arlington Metro Area
- Renters make up 36.1% of the Dallas-Fort Worth-Arlington Metro Area population
- 3.1% of houses and apartments in Dallas-Fort Worth-Arlington Metro Area, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.