Posted: February 15, 2022 By: zach

Could 2022 Be Another Record Year For The Dallas Real Estate Market?

The real estate market in Dallas, TX took a big leap in 2021, as median home prices jumped +13.55% over the past year. The median sale price for the Dallas metro is now $401,330 after hovering between $337K and $350K for the previous 3 years.

Both the current median home price and the total volume of sales in 2021 set new records for the Dallas-Fort Worth metro area. Some are predicting the Dallas housing market to cool in 2022 due to higher prices and rising interest rates. However, based on the most recent housing data and migration trends, it looks like there still is room for growth in Dallas.

Here’s a few reasons why Dallas might have another record year in 2022.