If you’ve been watching the real estate market lately, you’ve probably heard the doom-and-gloom headlines: “Prices are dropping!” or “Is the housing bubble about to burst?”
But here’s the truth: Real estate, like the stock market, has ups and downs—but over time, the trend is always up.
Take a look at the average home price in Dallas over the last decade:
-
April 2015: $256K
-
April 2017: $288K (+12.5% in 2 years)
-
April 2019: $314K (+9% in 2 years)
-
April 2021: $394K (+25.5% in 2 years)
-
April 2024: $469K (+19% in 3 years)
-
April 2025: $470K (holding steady)
Yes, prices dipped slightly in some years, but zoom out, and the pattern is clear: a 83% increase in 10 years. That’s an average of 6.3% annual appreciation—far outpacing inflation and most other investments.
Why This Matters for Buyers & Sellers
-
For Buyers: Waiting for a “crash” could cost you. Even if prices dip temporarily, long-term growth means today’s “high” price might look like a bargain in 5 years.
-
For Sellers: Short-term fluctuations don’t erase equity. If you’ve owned your home for a few years, you’re likely still ahead.
-
For Everyone: Real estate isn’t a get-rich-quick scheme—it’s a get-rich-slow one. Patience pays.
The Bottom Line
Market cycles are normal, but history shows us one thing: Homes don’t just store wealth—they build it. Whether you’re buying, selling, or holding, focus on the long game.
Want to see how this plays out in your neighborhood? Let’s chat—I’ll show you the data for your specific area.