Dallas FHA Loans

DALLAS-PLANO-IRVING, TX

FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.

FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.

While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.

For additional requirements as defined by the FHA, click here.

Dallas's 304 lenders originated 22,044 FHA loans during 2021. The total origination value was $5,879,940,000, with an average FHA loan value of $266,737.

Dallas FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Dallas averaged 4.7% for the week of 2022-03-25, compared to the national average (all FHA variants) of 4.648% for the same period.

The average rate for the prior week (2022-03-18) was 4.52% and one month ago for the week of 2022-02-18, the average rate was 4.14%.

The average rate one year ago was 3.38%.

For refis of the same type during the week of 2022-03-25, the average rate was 4.45%.

Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

Dallas FHA Loan Lenders by Rates & Fees

The below table looks at the average fees and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Dallas level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
DHI MORTGAGE COMPANY, LTD. 1,837 2.93% $8,565
LAKEVIEW LOAN SERVICING, LLC 814 2.99% $5,987
QUICKEN LOANS, LLC 804 2.68% $6,924
FREEDOM MORTGAGE CORPORATION 663 2.84% $6,819
Mr. Cooper ( Nationstar Mortgage ) 590 3.17% $5,062
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 579 3.40% $10,528
EAGLE HOME MORTGAGE, LLC 553 3.33% $8,847
LOANDEPOT.COM, LLC 551 3.44% $9,962
Town Square Mortgage & Investments, Inc. 512 3.34% $9,397
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 498 3.14% $10,338
Lakeview Community Capital, LLC 496 2.99% $5,775
CALIBER HOME LOANS, INC. 425 2.95% $8,000
AMCAP MORTGAGE, LTD. 395 3.54% $11,871
PENNYMAC LOAN SERVICES, LLC 374 3.03% $6,193
SFMC, LP 348 3.36% $11,823
GUILD MORTGAGE COMPANY 334 3.27% $10,905
PRIMELENDING, A PLAINSCAPITAL COMPANY 318 3.37% $11,306
HOMESIDE FINANCIAL, LLC 301 3.15% $11,855
MID AMERICA MORTGAGE, INC. 255 3.24% $5,648
UNITED WHOLESALE MORTGAGE, LLC 249 2.79% $9,498
PULTE MORTGAGE LLC 245 3.18% $6,324
AmeriHome Mortgage Company, LLC 220 2.91% $5,747
Paramount Residential Mortgage Group, Inc. 212 3.32% $12,056
SECURITYNATIONAL MORTGAGE COMPANY 206 3.38% $9,838
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 205 3.28% $10,805
VILLAGE CAPITAL & INVESTMENT LLC 195 2.91% $2,749
Gateway First Bank 188 3.59% $9,513
EVERETT FINANCIAL, INC. 183 3.74% $8,469
DAS Acquisition Company, LLC 167 3.30% $12,060
MORTGAGE FINANCIAL SERVICES, LLC 164 3.20% $10,176
NEWREZ LLC 153 2.91% $6,323
GUARANTEED RATE, INC. 144 3.03% $10,743
AMERICAN FINANCIAL NETWORK, INC. 144 3.15% $13,797
SOUTHWEST FUNDING, LP 143 3.55% $22,536
MOVEMENT MORTGAGE, LLC 136 3.50% $9,023
PLANET HOME LENDING, LLC 132 2.83% $6,776
HOMEBRIDGE FINANCIAL SERVICES, INC. 127 2.93% $8,953
CROSSCOUNTRY MORTGAGE, LLC 119 3.28% $11,029
THRIVE MORTGAGE, LLC 116 3.12% $11,061
Trinity Oaks Mortgage, LLC 115 3.42% $12,220
PRIMARY RESIDENTIAL MORTGAGE, INC. 111 3.48% $11,604
ARK-LA-TEX FINANCIAL SERVICES, LLC. 111 3.17% $8,523
EUSTIS AND AMERICAN MORTGAGE COMPANY 108 3.15% $10,883
Wallick & Volk, Inc. 107 3.49% $10,334
HOME POINT FINANCIAL CORPORATION 104 2.69% $9,040
Republic State Mortgage Co. 103 3.11% $10,261
VELOCIO MORTGAGE L.L.C. 95 3.27% $13,165
ACADEMY MORTGAGE CORPORATION 86 3.22% $11,164
First United Bank and Trust Company 84 3.22% $9,711
BROOKHOLLOW MORTGAGE SERVICES, LTD 84 3.12% $13,071
WILLOW BEND MORTGAGE COMPANY, LLC 81 3.27% $10,621
Carrington Mortgage Services, LLC 80 3.55% $10,125
ASPIRE FINANCIAL, INC. 79 2.60% $10,079
S1L, Inc. 78 3.47% $9,962
Independent Bank 77 3.33% $10,290
GREAT WESTERN FINANCIAL SERVICES, INC. 76 3.12% $10,287
First Guaranty Mortgage Corporation 76 2.83% $7,199
SUMMIT FUNDING, INC. 74 3.47% $11,372
InterContinental Capital Group, Inc 69 2.60% $8,519
BROKER SOLUTIONS, INC. 66 2.97% $8,822
CMG MORTGAGE, INC. 63 3.09% $10,661
INTEGRITY MORTGAGE CORPORATION OF TEXAS 57 2.87% $9,457
CHERRY CREEK MORTGAGE, LLC 57 3.56% $4,960
First Bank 56 3.26% $10,564
Equity Prime Mortgage LLC 55 3.28% $10,474
M/I FINANCIAL, LLC 53 2.83% $11,142
AMERISAVE MORTGAGE CORPORATION 52 2.97% $9,188
Flagstar Bank, FSB 52 2.84% $9,481
Loan Simple, Inc. 51 3.61% $10,061
ANGEL OAK HOME LOANS LLC 49 3.00% $11,092
Prosperity Home Mortgage, LLC 48 3.43% $10,435
NATIONS RELIABLE LENDING, LLC 47 3.25% $11,138
INTERLINC MORTGAGE SERVICES, LLC 45 3.44% $10,223
K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 45 3.04% $11,059
PLAZA HOME MORTGAGE, INC. 44 3.03% $10,027
SWBC MORTGAGE CORPORATION 44 3.33% $9,002
CORNERSTONE HOME LENDING, INC. 41 3.20% $12,542
LEADERONE FINANCIAL CORPORATION 40 3.38% $9,920
LHM FINANCIAL CORPORATION 40 3.02% $10,454
Origin Bank 39 3.19% $9,023
Bank of England 37 3.36% $12,022
Texas Bank Financial 37 3.43% $9,012
Amerifirst Financial, Inc. 35 3.20% $9,489
Hometown Lenders, Inc. 35 3.30% $11,162
BancorpSouth Bank 34 3.31% $9,341
SUN WEST MORTGAGE COMPANY, INC. 34 3.04% $9,500
Nations Lending Corporation 33 3.23% $10,817
AMERICAN PACIFIC MORTGAGE CORPORATION 33 2.94% $10,402
UNION HOME MORTGAGE CORP. 31 3.13% $10,044
OCEANSIDE MORTGAGE COMPANY 31 2.66% $3,439
CRESTMARK MORTGAGE COMPANY, LTD. 30 3.04% $16,484
OPEN MORTGAGE, LLC 30 3.19% $10,070
KBHS HOME LOANS, LLC 27 3.64% $11,304
Bank of America 26 2.90% $6,008
City Bank 24 3.09% $9,586
Goldwater Bank, N.A. 24 3.29% $10,570
Midwest Mortgage Associates Corporation 24 3.43% $9,541
CHURCHILL MORTGAGE CORPORATION 23 3.33% $10,433
PRIORITY HOME MORTGAGE, L.P. 23 3.04% $10,214
FINANCE OF AMERICA MORTGAGE LLC 23 3.22% $9,580
GENEVA FINANCIAL, LLC 22 3.26% $12,872
LOANPAL, LLC 22 2.64% $9,362
PILGRIM MORTGAGE LLC 21 3.29% $10,648
BECKAM FUNDING CORP. 21 3.99% $18,454
BOKF 21 3.49% $9,229
Lend Smart Mortgage, LLC 21 3.67% $9,674
MUTUAL OF OMAHA MORTGAGE, INC. 21 2.83% $8,746
MORTGAGE SOLUTIONS OF COLORADO, LLC 20 3.35% $11,937
FIRST CONTINENTAL MORTGAGE, LTD. 20 3.16% $6,844
Sunflower Bank 19 3.04% $9,909
NTFN, INC. 19 2.86% $9,998
GUARANTEED RATE AFFINITY, LLC 19 2.96% $11,022
NATIONS DIRECT MORTGAGE, LLC 18 2.87% $11,383
Hometown Equity Mortgage, LLC 18 3.77% $12,315
STEARNS LENDING, LLC 17 2.83% $10,846
Citizens Bank 17 2.89% $8,830
Network Funding, L.P. 16 2.98% $10,862
South Pacific Financial Corporation 16 2.53% $11,320
V.I.P. MORTGAGE, INC. 15 2.94% $9,318
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 15 3.60% $12,056
CERTAINTY HOME LOANS, LLC 15 3.40% $10,433
INTERCAP LENDING INC. 14 3.40% $11,892
KELLER MORTGAGE, LLC 14 2.69% $7,026
First State Bank 13 3.12% $9,183
Austin Capital Bank SSB 13 3.32% $10,585
First National Bank 13 2.88% $8,813
CALCON MUTUAL MORTGAGE LLC 13 3.81% $9,405
Northpointe Bank 13 3.24% $11,213
PANORAMA MORTGAGE GROUP, LLC 12 3.41% $11,858
Commerce Home Mortgage, Inc. 11 3.01% $8,880
AMERICAN FINANCIAL RESOURCES, INC. 11 3.85% $11,705
CITY FIRST MORTGAGE SERVICES, L.L.C. 11 3.57% $10,873
J. VIRGIL, INC. 11 3.36% $10,506
First Option Mortgage, LLC 11 3.41% $12,569
First Horizon Bank 10 3.09% $8,194
The Home Loan Expert LLC 10 2.87% $9,997
First National Bank Texas 10 3.24% $8,728
CLM MORTGAGE, INC 10 2.90% $13,230
Waterstone Mortgage Corporation 10 3.29% $9,816
MICHIGAN MUTUAL, INC. 10 3.41% $11,959
Atlantic Home Loans, Inc. 9 3.31% $9,240
ON Q FINANCIAL, INC. 9 2.68% $9,551
MORIA DEVELOPMENT, INC. 9 3.49% $9,576
LENDUS, LLC 9 3.10% $9,921
VAN DYK MORTGAGE CORPORATION 9 3.17% $8,479
First Bank & Trust 9 3.13% $8,739
Prosperity Bank 9 2.92% $9,376
Colonial Savings, F.A. 9 2.99% $6,467
UNITED MORTGAGE CORP. 8 3.09% $8,891
INFINITY MORTGAGE HOLDINGS, LLC 8 3.03% $11,344
SENTE MORTGAGE, INC. 8 3.80% $10,268
MEMBER FIRST MORTGAGE, LLC 8 2.77% $11,271
NexBank 8 2.94% $10,084
SOVEREIGN LENDING GROUP INCORPORATED 8 2.81% $7,385
JPMorgan Chase Bank 7 2.88% $4,988
RANLIFE, INC. 7 2.88% $10,090
Encompass Lending Group, LP 7 3.52% $10,898
Affiliated Bank 7 2.71% $9,552
RED DIAMOND HOME LOANS, LLC 6 2.60% $9,266
DRAPER AND KRAMER MORTGAGE CORP. 6 3.63% $10,762
HANCOCK MORTGAGE PARTNERS, LLC 6 3.04% $13,587
ZILLOW HOME LOANS, LLC 6 2.56% $10,042
Paramount Bank 6 2.71% $10,467
NP, Inc. 6 2.79% $7,883
COUNTRYPLACE MORTGAGE, LTD. 6 2.58% $14,260
ENVOY MORTGAGE, LTD 6 2.79% $13,297
AMERICAN FINANCING CORPORATION 6 2.77% $10,934
BAYSHORE MORTGAGE FUNDING, LLC 6 3.04% $6,439
Low VA Rates, LLC 6 3.31% $6,017
OCMBC, INC. 5 3.35% $8,742
SOUTHWEST STAGE FUNDING, LLC 5 3.13% $5,134
AmRes Corporation 5 2.70% $10,980
HOMETRUST MORTGAGE COMPANY 5 2.73% $10,105
Ixonia Bank 5 3.30% $10,436
Mortgage Research Center, LLC 5 3.12% $10,533
PHH Mortgage Corporation 5 3.48% $4,712
RELIANCE FIRST CAPITAL, LLC 5 2.95% $10,515
ROUNDPOINT MORTGAGE SERVICING CORPORATION 4 2.94% $9,050
CHAMPIONS MORTGAGE LLC 4 3.06% $9,937
Happy State Bank 4 2.91% $9,491
Great Plains National Bank 4 3.00% $10,041
T2 FINANCIAL LLC 4 3.72% $12,496
FLAT BRANCH MORTGAGE, INC. 4 3.31% $11,307
Watermark Capital, Inc. 4 3.03% $11,198
CORNERSTONE MORTGAGE PARTNERS OF TEXAS, L.P. 4 3.13% $11,516
Home Mortgage Alliance Corp 4 3.35% $10,985
ARC HOME LLC 4 2.94% $12,700
First Home Bank 4 3.22% $9,604
FBC MORTGAGE, LLC 4 3.15% $10,768
LIBERTY HOME MORTGAGE CORPORATION 4 2.75% $11,143
CELEBRITY HOME LOANS, LLC 4 3.38% $11,919
Residential Mortgage Solutions, Inc. 4 2.50% $8,848
THE MORTGAGE FIRM, INC. 3 2.75% $11,432
Magnolia Bank 3 2.83% $11,735
Manufacturers and Traders Trust Company 3 2.88% $8,806
JMAC LENDING, INC. 3 2.67% $11,463
BAY EQUITY LLC 3 3.38% $11,783
Barrington Bank & Trust Company, N.A. 3 3.09% $7,754
HOMEOWNERS FINANCIAL GROUP USA, LLC 3 3.08% $10,829
MLD MORTGAGE INC. 3 2.50% $8,136
BEST CAPITAL FUNDING 3 2.92% $12,569
Guaranty Bank & Trust, N.A. 3 2.42% $9,476
GSB MORTGAGE, INC. 3 3.17% $10,546
First Savings Bank 3 2.83% $13,987
FIRST EQUITY MORTGAGE INCORPORATED 3 2.50% $15,140
ASSOCIATED MORTGAGE CORPORATION 3 3.00% $8,983
Farmers Bank & Trust Company 3 2.29% $9,448
ENDEAVOR CAPITAL, LLC. 3 2.88% $2,387
DIRECTIONS EQUITY, LLC 3 3.50% $10,992
DATA MORTGAGE, INC. 3 3.29% $13,567
CONTOUR MORTGAGE CORPORATION 3 2.96% $8,289
Colten Mortgage, LLC 3 3.33% $4,624
Wells Fargo Bank 3 3.25% $6,490
American Bank of Oklahoma 3 3.00% $11,958
TOWNE MORTGAGE COMPANY 3 3.12% $11,611
LAND HOME FINANCIAL SERVICES, INC. 3 4.33% $10,006
The Federal Savings Bank 3 2.54% $11,749
TEXAS TECH 3 3.17% $8,890
Simmons Bank 3 2.75% $6,833
RB MORTGAGE LLC 3 2.58% $11,231
RESIDENTIAL BANCORP. 3 2.62% $10,725
BBVA USA 3 3.58% $8,760
Renasant Bank 2 2.31% $9,781
UNIVERSITY Federal Credit Union 2 2.50% $9,796
CityWorth Mortgage LLC 2 2.81% $12,594
UNITED NORTHERN MORTGAGE BANKERS LIMITED 2 2.50% $9,277
GSF Mortgage Corporation 2 2.75% $7,393
FIRST CENTENNIAL MORTGAGE CORPORATION 2 3.06% $12,644
Regions Bank 2 2.63% $8,434
First Financial Bank 2 3.63% $7,561
PREMIA MORTGAGE, LLC 2 2.38% $6,703
First National Bank of Omaha 2 2.81% $8,189
LADERA LENDING, INC. 2 2.63% $9,906
LENDING 3, INC. 2 3.81% $5,143
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 3.37% $12,557
Assurance Financial Group, L.L.C. 2 3.00% $11,197
SUCCESS MORTGAGE PARTNERS, INC. 2 3.44% $11,256
AMERICAN HOMESTAR MORTGAGE, L.L.C. 2 3.81% $9,833
MOUNTAIN WEST FINANCIAL, INC. 2 3.06% $8,050
WESTERN EXPRESS LENDING 2 2.56% $8,772
BETTER MORTGAGE CORPORATION 2 3.13% $8,027
FirstTrust Home Loans, Inc. 2 2.38% $9,952
U.S. Bank 2 3.37% $7,560
Sierra Pacific Mortgage Company, Inc. 2 3.00% $10,086
Zions Bancorporation, N.A. 1 3.25% $5,648
Acre Mortgage and Financial Inc 1 2.99% $11,616
A&D Mortgage LLC 1 3.75% $10,600
American Mortgage Bank, LLC 1 2.25% $8,785
BKCO MORTGAGE, LLC 1 2.88% $11,313
BNC National Bank 1 2.50% $11,884
CALCULATED RISK ANALYTICS LLC 1 2.88% $5,409
Citibank 1 2.75% $13,830
CLEARPATH LENDING 1 3.75% $7,599
Commercial Bank of Texas 1 2.75% $7,023
COMPASS MORTGAGE, INC. 1 2.88% $9,835
Credence Funding Corporation 1 2.75% $6,569
DATCU 1 2.88% $10,863
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 3.25% $8,654
East Coast Capital Corp. 1 2.00% $12,911
EECU 1 3.63% $9,342
EMBRACE HOME LOANS, INC. 1 3.75% $6,717
EMM LOANS LLC 1 2.88% $9,811
Evolve Bank & Trust 1 3.75% $5,769
FAMILY FIRST FUNDING LLC 1 3.75% $14,268
FAY SERVICING, LLC 1 3.75% $9,385
FC LENDING, LTD. 1 3.75% $5,956
Financial Funding Solutions, Inc. 1 3.00% $9,280
First State Bank of St. Charles, Missouri 1 2.50% $9,927
GERSHMAN INVESTMENT CORP. 1 3.50% $10,617
GIBRALTAR MORTGAGE SERVICES, LLC 1 3.63% $10,343
GMFS LLC 1 3.25% $4,826
HOMESPIRE MORTGAGE CORPORATION 1 3.25% $10,976
HOMESTEAD FUNDING CORP. 1 2.50% $8,416
INTELLILOAN, INC. 1 2.75% $8,613
INTERCOASTAL MORTGAGE COMPANY 1 2.63% $7,904
Kwik Mortgage Corporation 1 2.75% $11,094
LEGEND LENDING CORPORATION 1 2.99% $5,413
LOANPEOPLE, LLC 1 2.75% $10,493
MORTGAGE ACCESS CORP. 1 2.75% $11,375
MORTGAGE MANAGEMENT CONSULTANTS, INC. 1 2.88% $7,856
NATIONWIDE MORTGAGE BANKERS, INC. 1 3.63% $16,613
NBKC BANK 1 2.88% $9,030
Neighborhood Loans, Inc. 1 3.00% $9,898
NETWORK CAPITAL FUNDING CORPORATION 1 3.00% $5,749
NFM, INC. 1 3.00% $9,612
North American Savings Bank, F.S.B. 1 3.00% $8,887
Peoples Bank 1 3.50% $7,508
Platinum Home Mortgage Corporation 1 2.75% $8,224
PNC Bank 1 2.38% $12,253
Prime Choice Funding Inc. 1 3.25% $3,434
Red River Bank 1 2.50% $10,626
RESIDENTIAL WHOLESALE MORTGAGE, INC. 1 2.88% $6,698
SIWELL, INC. 1 4.00% $11,157
Stifel Bank and Trust 1 2.25% $10,663
Stride Bank 1 4.00% $10,733
Strong Home Mortgage, LLC 1 2.38% $5,948
Texana Bank 1 4.00% $7,978
TJC Mortgage, Inc. 1 3.25% $14,959
TruHome Solutions, LLC 1 3.13% $12,321
UNITED SECURITY FINANCIAL CORP 1 3.88% $13,475
UNIVERSITY LENDING GROUP, LLC 1 3.50% $13,255
US MORTGAGE CORPORATION 1 2.88% $7,241
WINNPOINTE CORPORATION 1 2.63% $9,848
1ST FINANCIAL, INC. 1 3.25% $8,880

The top Dallas FHA lender as defined by loan originations is DHI MORTGAGE COMPANY, LTD., with 1,837 FHA loans originated. Their average total fees are $8,565, which is $2,578 higher than the next largest lender, LAKEVIEW LOAN SERVICING, LLC.

The lowest fee Dallas FHA lenders (with over 10 loans originated) are VILLAGE CAPITAL & INVESTMENT LLC ($2,749), OCEANSIDE MORTGAGE COMPANY ($3,439), CHERRY CREEK MORTGAGE, LLC ($4,960), Mr. Cooper ( Nationstar Mortgage ) ($5,062) and MID AMERICA MORTGAGE, INC. ($5,648).

The lowest rate Dallas FHA lenders (with over 10 loans originated) are South Pacific Financial Corporation (2.53%), ASPIRE FINANCIAL, INC. (2.60%), InterContinental Capital Group, Inc (2.60%), LOANPAL, LLC (2.64%) and OCEANSIDE MORTGAGE COMPANY (2.66%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Dallas (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $351,878 (0.5%) $495,654 (-1.6%) 1.30 14,408
2018-02-01 $367,586 (1.5%) $519,017 (0.1%) 1.33 14,403
2018-03-01 $370,000 (0.1%) $526,908 (-1.7%) 1.28 15,331
2018-04-01 $376,369 (-0.7%) $536,251 (-2.1%) 1.26 16,677
2018-05-01 $384,950 (1.6%) $543,991 (-1.0%) 1.28 18,262
2018-06-01 $374,900 (0.0%) $525,365 (-2.4%) 1.25 20,224
2018-07-01 $366,250 (0.2%) $511,223 (-1.9%) 1.22 22,140
2018-08-01 $349,950 (-1.7%) $485,936 (-2.3%) 1.17 22,475
2018-09-01 $345,000 (-1.4%) $482,649 (-2.7%) 1.15 22,382
2018-10-01 $342,520 (-2.1%) $481,161 (-3.4%) 1.15 22,509
2018-11-01 $340,000 (-2.9%) $482,594 (-2.6%) 1.14 22,084
2018-12-01 $339,000 (-3.1%) $476,066 (-3.1%) 1.16 20,347
2019-01-01 $338,000 (-3.9%) $470,639 (-5.1%) 1.17 18,975
2019-02-01 $344,738 (-6.2%) $483,746 (-6.8%) 1.15 19,188
2019-03-01 $351,957 (-4.9%) $498,132 (-5.5%) 1.15 19,833
2019-04-01 $359,700 (-4.4%) $511,026 (-4.7%) 1.13 20,734
2019-05-01 $360,000 (-6.5%) $509,897 (-6.3%) 1.11 21,981
2019-06-01 $358,400 (-4.4%) $504,692 (-3.9%) 1.10 23,540
2019-07-01 $353,450 (-3.5%) $493,702 (-3.4%) 1.10 24,435
2019-08-01 $347,757 (-0.6%) $481,341 (-1.0%) 1.09 23,890
2019-09-01 $344,226 (-0.2%) $478,149 (-0.9%) 1.09 23,144
2019-10-01 $341,740 (-0.2%) $477,954 (-0.7%) 1.09 23,402
2019-11-01 $340,000 (0.0%) $475,723 (-1.4%) 1.10 21,903
2019-12-01 $335,436 (-1.1%) $468,817 (-1.5%) 1.12 19,514
2020-01-01 $333,388 (-1.4%) $465,385 (-1.1%) 1.11 17,767
2020-02-01 $339,900 (-1.4%) $475,261 (-1.8%) 1.10 17,440
2020-03-01 $342,495 (-2.7%) $481,248 (-3.4%) 1.07 18,088
2020-04-01 $339,479 (-5.6%) $470,711 (-7.9%) 1.06 18,523
2020-05-01 $349,900 (-2.8%) $497,619 (-2.4%) 1.06 18,581
2020-06-01 $356,000 (-0.7%) $515,387 (2.1%) 1.04 16,756
2020-07-01 $359,846 (1.8%) $523,384 (6.0%) 1.03 15,709
2020-08-01 $359,990 (3.5%) $532,123 (10.6%) 1.03 14,567
2020-09-01 $359,550 (4.5%) $543,543 (13.7%) 1.03 13,442
2020-10-01 $356,000 (4.2%) $549,352 (14.9%) 1.02 12,456
2020-11-01 $358,950 (5.6%) $559,768 (17.7%) 1.03 11,106
2020-12-01 $353,995 (5.5%) $558,517 (19.1%) 1.04 9,391
2021-01-01 $349,900 (5.0%) $550,512 (18.3%) 1.03 8,041
2021-02-01 $358,495 (5.5%) $578,669 (21.8%) 1.03 6,218
2021-03-01 $361,413 (5.5%) $581,201 (20.8%) 1.01 5,730
2021-04-01 $373,495 (10.0%) $602,114 (27.9%) 1.00 5,618
2021-05-01 $379,900 (8.6%) $587,549 (18.1%) 1.00 5,936
2021-06-01 $387,000 (8.7%) $594,650 (15.4%) 1.01 6,873
2021-07-01 $395,000 (9.8%) $580,237 (10.9%) 1.03 8,098
2021-08-01 $395,300 (9.8%) $567,592 (6.7%) 1.04 9,132
2021-09-01 $396,080 (10.2%) $562,909 (3.6%) 1.04 8,860
2021-10-01 $397,072 (11.5%) $576,139 (4.9%) 1.04 8,246
2021-11-01 $400,000 (11.4%) $585,654 (4.6%) 1.05 7,339
2021-12-01 $399,950 (13.0%) $585,819 (4.9%) 1.07 6,252
2022-01-01 $400,000 (14.3%) $598,299 (8.7%) 1.07 4,910
Dallas's median listing price for 2022-01-01 was $400,000, a difference of $50,100 (14.3%) versus the prior year and $50 versus the prior month.

Dallas's median listing price comes in at 107% of the national average.

Dallas's average listing price for 2022-01-01 was $598,299, a difference of $47,787 (8.7%) versus the prior year and $12,480 versus the prior month.

For the 2022-01-01 period, Dallas had 4,910 MLS listings, a difference of -1,342 listings (-21%) versus the prior month and -3,131 listings (-39%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Dallas (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 66 days 2,585 sqft
2018-02-01 52 days 2,631 sqft
2018-03-01 44 days 2,644 sqft
2018-04-01 43 days 2,672 sqft
2018-05-01 39 days 2,723 sqft
2018-06-01 42 days 2,669 sqft
2018-07-01 42 days 2,627 sqft
2018-08-01 48 days 2,545 sqft
2018-09-01 53 days 2,509 sqft
2018-10-01 58 days 2,480 sqft
2018-11-01 59 days 2,457 sqft
2018-12-01 66 days 2,426 sqft
2019-01-01 70 days 2,399 sqft
2019-02-01 59 days 2,424 sqft
2019-03-01 49 days 2,462 sqft
2019-04-01 45 days 2,494 sqft
2019-05-01 45 days 2,508 sqft
2019-06-01 49 days 2,500 sqft
2019-07-01 49 days 2,477 sqft
2019-08-01 51 days 2,424 sqft
2019-09-01 56 days 2,402 sqft
2019-10-01 57 days 2,392 sqft
2019-11-01 59 days 2,387 sqft
2019-12-01 65 days 2,338 sqft
2020-01-01 68 days 2,320 sqft
2020-02-01 57 days 2,329 sqft
2020-03-01 46 days 2,340 sqft
2020-04-01 50 days 2,316 sqft
2020-05-01 55 days 2,374 sqft
2020-06-01 48 days 2,387 sqft
2020-07-01 47 days 2,379 sqft
2020-08-01 46 days 2,360 sqft
2020-09-01 46 days 2,312 sqft
2020-10-01 48 days 2,280 sqft
2020-11-01 50 days 2,248 sqft
2020-12-01 52 days 2,194 sqft
2021-01-01 53 days 2,144 sqft
2021-02-01 43 days 2,147 sqft
2021-03-01 41 days 2,145 sqft
2021-04-01 33 days 2,141 sqft
2021-05-01 31 days 2,167 sqft
2021-06-01 29 days 2,169 sqft
2021-07-01 30 days 2,164 sqft
2021-08-01 31 days 2,169 sqft
2021-09-01 36 days 2,162 sqft
2021-10-01 37 days 2,150 sqft
2021-11-01 39 days 2,150 sqft
2021-12-01 43 days 2,145 sqft
2022-01-01 43 days 2,116 sqft
Dallas's median listing age (time on market) for 2022-01-01 was 43 days. This is -19% shorter than the same period one year ago.

Dallas's median square footage for active listings during the 2022-01-01 period was 2,116 sqft. One year prior, the average listing was 2,144 sqft.

FHA Loan Requirements

  • Borrowers must have a steady employment history or worked for the same employer for the past two years.
  • Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a mortgage in your state.
  • Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
  • New FHA loans are only available for primary residence occupancy.
  • Borrowers must have a property appraisal from a FHA-approved appraiser.
  • Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance) needs to be less than 31 percent of their gross income, typically. You may be able to get approved with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
  • Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment, student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to get approved with as high a percentage as 50 percent.
  • Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5 percent.
  • Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down payment of 10 percent.
  • Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can be made.
  • Typically borrowers must be three years out of foreclosure and have re-established good credit.
  • The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet these standards and a seller will not agree to the required repairs, your only option is to pay for the required repairs at closing (to be held in escrow until the repairs are complete).