Lake Dallas, TX Housing Market — 84 Homes Sold (September 2025 – September 2026)

Q: What does the typical Lake Dallas home cost?

The typical Lake Dallas home sold for $330,500 (about $194 per square foot) over the last twelve months.

Q: How fast do homes sell in Lake Dallas?

The typical Lake Dallas home went under contract in 29 days; 19% sold within the first week.

Q: Is it cheaper to rent or buy in Lake Dallas?

The median Lake Dallas lease ran $2,162/month this year; principal and interest on the median $330,500 home is roughly $1,880/month with 10% down.

The edge goes to buyers: homes typically take 29 days and only 10.7% beat their asking price.

Lake Dallas market at a glance

Homes sold (12 months): 84
Median sale price: $330,500 (about $1,880/month with 10% down at a 6.5% 30-year rate, principal & interest)
Median price per square foot: $194
Median days on market (list to contract): 29; 19% went under contract within a week
Sold over asking: 10.7% · Sold under asking: 60.7%
Typical home: 3 bed, 1,768 sqft, built 1998, mostly Lake Dallas ISD
Price range of sales: $92,000 – $1,250,000
On the market right now: 30 active listings, 5 under contract, 4.3 months of supply, median asking $363,250
How buyers paid: Conventional 52.4%, FHA 21.4%, VA 2.4%, Cash 22.6%, Other 1.2%
Seller contributions: 45.2% of sellers chipped in, typically $7,500
Contract to close: about 28 days
Median rent (same home types, 36 closed leases): $2,162/month — owning the median home runs about $1,880/month principal & interest with 10% down
HOA: 19% of sales had a mandatory HOA, typically $59/month

Five-year price history in Lake Dallas

Median sale price by quarter: 2022 Q1: $350,750 · 2023 Q1: $390,000 · 2024 Q1: $357,000 · 2025 Q1: $337,000 · 2026 Q1: $321,000 · 2026 Q3: $314,999.

Median price by elementary school zone

Lake Dallas: 59 sales, median $318,000, $200/sqft
Shady Shores: 22 sales, median $375,500, $178/sqft

Pricing right vs. cutting the price in Lake Dallas

Sellers who held their original asking price sold in 14 days at 98.9% of ask. Sellers who overpriced and later cut took 71 days and kept 90.2% of the original ask — roughly $30,400 left on the table on a typical Lake Dallas listing.

Most active Lake Dallas neighborhoods

Thousand Oaks Ph I: 12 sales, median $337,750, 63 days on market

Nearby markets

Frisco · Denton · Carrollton · Little Elm · Aubrey · Flower Mound · Lewisville · Justin

Common questions

Is now a good time to buy in Lake Dallas? The edge goes to buyers: homes typically take 29 days and only 10.7% beat their asking price.

What does the typical Lake Dallas home cost? $330,500 — about $194 per square foot, or roughly $1,880/month with 10% down before taxes and insurance.

How fast do homes sell in Lake Dallas? The typical home went under contract in 29 days; 19% sold within the first week.

Is it cheaper to rent or buy in Lake Dallas? The median Lake Dallas lease ran $2,162/month this year, while principal and interest on the median $330,500 home is roughly $1,880/month with 10% down, before taxes and insurance.

Source: NTREIS MLS closed sales, September 3 2025 – September 3 2026. Aggregate data only — Texas is a non-disclosure state. Compiled by Pax Realty (Ryan Storch, Broker). Explore all 186 cities · Full dataset · Book a strategy call · Call/text (972) 974-1821.