Local Market Housing Statistics - Sept 2026

The weather is still hot, but the housing market is cooling down. The Total Active listings decreased in most reported counties and cities. There is a normal cyclical decline in listings after school starts in August. Almost half of the reported cities are in Buyer Market territory with more than six months of inventory. All three reported counties have inventory around five months.
Denton County increased its Median Listing Price, while each county had a different result in Median Sold Prices. Prosper had the lowest Median Percentages of Original Price at 92.7%, followed closely by Celina at 92.8%. Melissa came closest to the original price at 96.8%, which is about $16K off target on a $500K house.

Of the reported cities, only Plano remains a Seller’s Market with less than four months of inventory. Plano has the lowest reported median days on market at 21 days, while Prosper has the highest at 71 days. Van Alstyne has the highest year-over-year (YOY) inventory increase at 92.0%. Aubrey has the lowest at -16.4% from last year.

McKinney has the most Active homes at 1,218, while Melissa has the fewest at 206. Prosper continues to have the top Median List and Sold prices, as well as the highest Median Price Per Square Foot (PSF) at $230 PSF. Anna is the most affordable reported area this month, with listings at $169 Median PSF.
All three reported counties' median price PSF this month have settled near $197. Dallas County has the most Active properties at 8,051. Dallas County also has the highest median closed percentage of the original listed price at 96.3%.

Nationally, high mortgage rates and affordability are the big drivers. A 30-year fixed conventional loan is nearing 7% (6.995% APR). Consumer confidence is aggravated by the war with Iran, elevated fuel prices, and overall inflation. H-1B visa issues have an outsized effect on the Collin County housing market. The Dallas area received more H-1B approvals from 2020 to 2024 than all metro areas except NYC. Builders say international buyers — many H-1B holders — were 70–75% of new-home sales in Celina in 2021–2025 (HousingWire). One builder reports that share has dropped from about 70% to below 30% (Bloomberg). Overall, North Texas faces cooling sales, flattened prices, and a balanced market between Buyers and Sellers. Locally, Buyers have more choices and Sellers have less leverage.

If you plan to move to a select North Texas city or want to know more about your hometown, I started the Your City series on my blog. We explore the origin & incorporation, size, distances from City Hall to hubs, what it’s known for, national/notable awards, top employers, most prominent/prestigious employers, notable people, major attractions & amenities, education levels, schools, UIL breakdown & state titles, bordering cities, lakes, highways, airports, public transportation, and major future plans.

I've Got Your Six!

Mark M. Hancock, GRI, MRP, AHWD
REALTOR, New Build certified
214-862-7212 (call or text)
DFWmark@kw.com
DFWmark.com

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