Looking to Buy a House in Dallas for Under $200,000? Good Luck

The North Texas housing market is booming, with record-setting monthly home sales and prices, but the blazing pace may be leaving buyers looking for affordable homes in the dust.

The median single-family home price in May 2018 was $266,500, the highest on record for the North Texas region, according to Real Estate Center at Texas A&M University and the North Texas Real Estate Information Systems. And the number of homes sold at $180,000 or less fell off significantly last month compared to the same time in 2017.

On Monday, there were just shy of 1,200 single-family Dallas County homes for sale at or below the median price, according to Realtor.com — and only 415 homes were listed at or below $180,000. There were at least 3,617 homes listed for sale at or above the median price.

You can read the full story from our media partners at The Dallas Morning News by clicking here.

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