Harbaugh Real Estate

Market Holding Steady: A January Snapshot of DFW Real Estate

Home prices in DFW rose slightly on a year-over-year basis but fell month-over-month in January.

An image of a neighborhood in winter

Key Takeaways

January Home Prices in DFW

case-shiller home index for Dallas for January 2025

As 2025 got under way, home prices in Dallas/Fort Worth continued their recent trend with home prices remaining on solid footing.

According to the latest S&P CoreLogic Case-Shiller Index, home prices across the metroplex dipped a modest 0.46% from December. But year-over-year, prices were still up 1.34%—a sign that the market continues to hold value despite some headwinds.

Mortgage Rates

mortgage rates for January 2025

Meanwhile, mortgage rates remained steady at around 6.95% in January, based on Freddie Mac’s data. That’s still higher than many buyers would like, but it’s also a slight improvement from the 8% range we saw last fall.

Conclusion

We’re not in a “hot” market, but we’re far from a crash. Inventory is still limited, and well-maintained, fairly priced homes are attracting attention. Buyers are being more selective, and sellers are adjusting expectations accordingly.

All in all, it’s a market that rewards patience and preparation. If you're thinking about making a move this spring, now's the time to get going!