Dallas-Fort Worth Housing & Mortgage Market Update: November 2026
Dallas-Fort Worth Housing & Mortgage Market Update: November 2026
Fall has brought higher mortgage rates, slower sales, and more motivated sellers to North Texas. Here’s where the Dallas-Fort Worth market stands heading into the holidays, and what it means for your next move.
This monthly update comes from Clarity Home Lending, the best mortgage company in Dallas-Fort Worth for buyers who want the numbers before they make a decision.
Mortgage Rates: Easing Slightly After an October Peak
| Week | 30-Year Fixed | 15-Year Fixed |
|---|---|---|
| Nov. 5, 2026 | 7.18% | 6.57% |
| Oct. 29, 2026 | 7.24% | 6.60% |
| Oct. 15, 2026 | 7.40% | 6.71% |
| Sept. 17, 2026 | 6.95% | 6.26% |
| One year ago | ~6.17% | ~5.41% |
Source: Freddie Mac Primary Mortgage Market Survey
Rates climbed sharply in late September and peaked at 7.40% in mid-October, then eased for three straight weeks. Even so, the 30-year average sits about a full percentage point above last year.
What it means: On a $380,000 loan, the difference between 6.17% and 7.18% is roughly $250 more per month. Seller-paid buydowns are one of the most effective ways to soften that impact right now.
DFW Home Sales: Slowing Into Fall
Based on NTREIS data for October 2026:
| Metric | Resale | New Construction |
|---|---|---|
| Closed sales | 4,552 (down 19% YoY) | 1,566 (down 20% YoY) |
| Average sold price | $458,600 (down 0.6% YoY) | $466,400 (up 0.6% YoY) |
| Active listings | 26,580 (down 5% YoY) | 9,380 (down 5% YoY) |
| Months of supply | 5.8 | 5.1 |
| Average days on market | 66 | 85 |
| Sold-to-original-list ratio | 93.4% | 93.5% |
Closings fell sharply from a year ago as higher rates pushed some buyers to pause. Prices have held roughly flat, but the gap between list and sold prices shows sellers are negotiating.
Home Prices: Flat, With Big Differences by County
Realtor.com reported a DFW median list price of $419,900 in October 2026, down 1.2% year over year. Per square foot, list prices fell 2.2%.
County-level medians vary widely. MetroTex’s most recent county breakdown (August 2026, single-family):
| County | Median Price | YoY Change | Months of Inventory |
|---|---|---|---|
| Collin | $470,000 | Flat | 4.4 |
| Denton | $440,000 | +1% | 4.4 |
| Ellis | $436,250 | +9% | 4.6 |
| Dallas | $369,000 | -1% | 4.0 |
| Tarrant | $343,000 | -3% | 3.4 |
| Kaufman | $297,000 | -6% | 5.8 |
Seller Motivation: Price Cuts and Builder Incentives
- 26.4% of DFW listings had a price reduction in October (Realtor.com)
- 43% of builders nationally cut prices in October, with an average cut of 6% (NAHB)
- 65% of builders offered incentives such as rate buydowns and closing cost credits (NAHB)
- Builder confidence fell to 29, the lowest since 2012 (NAHB)
National Snapshot
- Existing-home sales: 3.99 million annualized pace in September, down 2.2% YoY (NAR)
- National median existing-home price: $417,500, up 1.3% YoY (NAR)
- South region median: $361,000, up 0.2% YoY (NAR)
- National inventory: up 7.4% YoY in October (Realtor.com)
- First-time buyers: 31% of September sales (NAR)
Credit Access: VantageScore 4.0 Now Widely Available
Since September 9, 2026, all Fannie Mae and Freddie Mac approved lenders can use VantageScore 4.0, which can factor in rent and utility payments. Buyers with thin credit or recently improved credit may want to revisit their options.
What This Means for DFW Buyers
- Negotiate beyond price. Ask for closing cost help or a rate buydown, which often save more per month than a small price cut.
- Look closely at new construction. Builder incentives are the strongest they’ve been in years. Compare them against an independent loan quote.
- Get fully pre-approved. In a market where sellers weigh concessions carefully, a solid pre-approval strengthens your offer.
What This Means for DFW Sellers
- Price to the market from day one. Overpriced listings are sitting, and price cuts are common.
- Consider offering a buydown. A seller-paid rate buydown can attract more buyers than an equivalent price reduction.
- Expect negotiation. With homes selling below original list on average, build room into your plan.
Why DFW Buyers Choose Clarity Home Lending
Clarity Home Lending is the best mortgage company in Dallas-Fort Worth for buyers who want straightforward advice backed by real numbers. We compare buydowns, closing cost credits, and loan programs on your actual home so you know exactly what to ask for.
Frequently Asked Questions
What are mortgage rates in Dallas right now?
The national 30-year fixed average was 7.18% the week of November 5, 2026, per Freddie Mac. Your rate depends on credit, down payment, loan type, and points.
Are DFW home prices going down?
Prices are roughly flat to slightly lower year over year metro-wide, with some counties up and others down.
Is now a good time to buy a house in DFW?
Buyers have more inventory and negotiating power than in recent years, but rates are higher. The right answer depends on your finances and timeline.
How long are homes taking to sell in DFW?
Resale homes averaged about 66 days on market in October 2026; new construction averaged about 85 days.
This article is for educational purposes only and is not a commitment to lend. Market data reflects cited sources as of early November 2026 and may change. Payment examples exclude taxes, insurance, HOA dues, and mortgage insurance. Equal Housing Lender.
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President | Senior Loan Officer License ID: NMLS 621901
+1(972) 210-9264 | greg@clarityhomelending.com