North Texas Market Update: November 2026

Every month I pull the latest North Texas numbers so you don’t have to dig through the reports yourself. Here’s where the market stands as we head into the holidays, and what it means if you’re thinking about buying or selling.

Mortgage rates took a small step down

Freddie Mac’s weekly survey put the average 30-year fixed rate at 7.24% on October 29, down from 7.32% the week before. The 15-year fixed came in at 6.60%. Mortgage News Daily’s daily index showed 7.27% on October 30, so the two sources line up.

For perspective, the 30-year rate was 6.17% a year ago. That’s about a point higher today, and it’s the biggest reason the market feels slower than it did last fall. A small weekly dip won’t change that by itself, but it’s a step in the right direction for buyers who have been waiting.

DFW home sales in September

The latest NTREIS numbers for single-family homes in the Dallas-Fort Worth-Arlington metro (September 2026):

The number that jumps out to me is pending sales, down 19%. Fewer buyers went under contract in September than a year ago. Prices have held about flat, but homes are taking around two months to sell, and the typical home sold for roughly 6% under its list price.

The bigger picture for our area is still strong. PwC and the Urban Land Institute just ranked DFW the No. 1 U.S. real estate market to watch for 2027, the third year in a row, with new financial services hubs and major projects planned across the region.

Closer to home: Fort Worth and the counties around Wise

Prices and pace vary a lot depending on where you look. Here’s how a few nearby areas did in September:

• Fort Worth-Arlington-Grapevine area (Tarrant and nearby counties): 2,246 sales (down 6%), median price $353,495 (flat), 58 days on market, 94.7% of list price, 3.8 months of inventory. If you’re looking around Fort Worth, this is the tightest market of the group.
• Denton County: 1,050 sales (down 8%), median $420,990 (down 4%), 67 days on market, 4.5 months of inventory. More on the area on my Denton page.
• Parker County: 282 sales (up 10%), median $461,390 (down 4%), 72 days on market, 5.1 months of inventory.

For Wise County towns, my live market reports update on their own. The Rhome market report is a good place to start, and each town page links to its own report.

What it means if you’re buying

This is a better time to negotiate than most of the last few years. With pending sales down and homes sitting about two months, sellers are more open to talking. A few things to keep in mind:

• Ask about seller help. Help with closing costs or a rate buydown can do more for your monthly payment than a small price cut.
• Look at days on market. A home that’s been listed for a while often has more room on price or terms.
• Get pre-approved now. Rates move week to week. Knowing your numbers lets you act when the right house shows up.

What it means if you’re selling

Buyers are out there, but they’re choosy. At 4.3 months of inventory across DFW, they have options, so the homes that sell are the ones that are priced right and show well from day one.

• Price it on today’s comps. Last spring’s sales don’t tell you much about this market.
• Make it easy to see. With shorter days, turn on every light for showings and shoot photos in full daylight.
• Be ready to negotiate. Homes sold for about 94% of list price on average, so plan for some back and forth.

If you’re wondering what your home would sell for right now, my free home value request is the quickest way to find out.

The bottom line

Rates are still high compared with a year ago, buyers are fewer, and prices are holding steady. That’s a market that rewards good pricing and patience on both sides. Whether you’re buying, selling or just keeping an eye on things, I’m happy to walk through what these numbers mean for your neighborhood.

Book an appointment or call or text me at 214-693-0050.