North Texas Housing Market Report | November 2025
The housing market slowed as fall came to a close. This was true nationwide and across North Texas. Activity eased, inventory grew, and buyers took a more careful approach.
National Housing Market Overview
Nationally, existing home sales rose 1.2% month over month. Sales reached an annual pace of 4.10 million homes. Slightly lower mortgage rates helped support buyer activity.
Inventory remained tight but improved from last year. There were 4.4 months of supply, up 10.9% year over year. Home prices continued to rise. The national median price increased 2.1% to $415,200.
North Texas Market Trends
In North Texas, the shift toward balance was more noticeable. New listings fell 4.0%, and pending sales dropped 4.1%. Buyers slowed down and took more time to decide.
At the same time, inventory increased 3.5% to 46,879 homes. Buyers had more options than they did earlier in the year.
As supply increased, prices adjusted. The median sales price fell 5.4% to $352,900. Days on market rose to 70, giving buyers more time to compare homes and negotiate. Months of inventory increased to 4.8, showing that supply is starting to outpace demand.
County Market Snapshot
Across Tarrant, Dallas, Denton, Collin, Parker, Hill, Johnson, and Wise counties, trends were similar, though the pace varied.
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Tarrant and Dallas Counties saw slower sales and modest price declines. Homes stayed on the market longer.
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Denton and Collin Counties experienced stronger inventory growth and clearer price adjustments.
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Parker County remained relatively steady, with smaller changes in price and supply.
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Johnson and Wise Counties saw slower activity, softer pricing, and longer marketing times.
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Hill County had fewer new listings but stronger closed sales, showing how smaller markets can behave differently.
What This Means for Buyers and Sellers
North Texas is not cooling. It is stabilizing. Buyers have more choices and more time. Sellers need to price carefully and present homes well.
Homes that are priced right are still selling. They are just not selling as fast.
Bottom Line
The North Texas housing market is moving into a healthier balance. Speed matters less. Strategy matters more.
Click here to review the November Market Report!
Source: North Texas Real Estate Information Systems (NTREIS), November 2025 Monthly Market Indicators and Local Market Update