The North Texas housing market continued to show its strength in July. While activity slowed slightly, the fundamentals remained solid. New listings fell 4.9% to 17,364 and pending sales dropped 15.3% to 8,990. Inventory shrank to 51,050 units, bringing the months of supply down to 5.2. Despite the dip in activity, prices held firm with the median sales price rising to $373,400. Homes spent an average of 57 days on the market. The numbers tell a clear story. Demand continues to outpace supply. The market remains a strong opportunity for buyers and sellers this summer.
What This Means for Buyers
July brought a noticeable dip in pending sales, and that shift may work in your favor. With fewer buyers making offers, there is less rivalry for the homes that are available. That breathing room gives you a better chance to find the right home, tour properties, and make a confident offer.
Homes are spending an average of 57 days on the market, which means you are not being rushed into a decision. That is a real advantage compared to the fast-paced market of recent years. However, the window may not stay open long. Inventory is shrinking, and the months of supply dropped to 5.2, a sign that demand is quietly building.
It is also worth keeping an eye on the national picture. The median home price across the U.S. hit a record high of $440,600. North Texas remains well below that at $373,400, making our region one of the more attractive markets in the country for buyers who want value without giving up quality of life. That gap draws buyers from higher-cost markets, adding to local demand over time.
The smartest move right now is to get pre-approved and stay ready. When the right home hits the market, being prepared is your biggest advantage. Buyers who have done the groundwork are the ones who win in a tightening market.
What This Means for Sellers
July’s data brings good news for sellers. The median sales price in North Texas rose to $373,400, and with inventory down 8.0% and months of supply falling to 5.2, conditions are shifting in your favor. Fewer new listings are hitting the market, which means your home faces less rivalry and has a better chance of standing out to serious buyers.
The national trend adds context. Home prices across the U.S. have risen year-over-year for 36 straight months. That is three straight years of price growth, driven by steady buyer demand. Even as monthly sales volumes swing, the long-term direction of the market remains upward.
That said, today’s buyers are informed and selective. They know what fair value looks like in their target neighborhoods. Homes that are well-priced and well-prepared for showings continue to attract strong offers. Homes that are overpriced tend to sit, and a longer time on market can raise questions in a buyer’s mind. Pricing it right from day one is still the most important decision a seller can make.
If you have been thinking about listing, now is a good time to have a pricing conversation. The market is moving in your direction, and getting ahead of it puts you in the strongest position.
The Bigger Picture
Zooming out to the national level adds context to what we are seeing locally. U.S. existing-home sales dipped 2.4% from last month to a rate of 4.09 million units. Sales are up 2.8% compared to a year ago, which shows that the broader market is still growing despite short-term swings.
The national median home price reached a record $440,600, up 1.8% from a year earlier. Heading into July, there were 1.56 million properties for sale nationally, a 4.6-month supply at the current sales pace. Homes spent a median of 28 days on the market, and first-time buyers made up 33% of all purchases. That level of first-time buyer activity is a healthy sign. It means new buyers are still entering at a steady pace, keeping demand active at every price point.
For North Texas, the story is one of strength. While the South saw a dip in monthly sales, the region posted year-over-year gains. North Texas continues to benefit from strong job growth, population increases, and a value profile that compares well to other major metros. Those factors do not change month to month, and they continue to support a healthy and active local market.
The Bottom Line
The North Texas market is steady and active heading into late summer. Inventory is tightening, prices are holding firm, and buyer demand continues to build. Whether you are buying, selling, or simply keeping an eye on the market, knowing these trends gives you a clearer picture of where things stand and where they may be headed.
The full July 2026 Market Report is available for download below. It includes a complete breakdown of all the data points covered here, along with more metrics to help you make your next real estate decision with confidence.
Data sourced from North Texas Real Estate Information Systems, Inc. and the National Association of REALTORS. Current as of August 2026. Report © 2026 ShowingTime Plus, LLC. For informational purposes only. Click here for the report.