Many prospective homebuyers in North Texas have postponed their plans, holding out for a drop in home prices. National housing forecasts and Texas market experts don't see that happening. Let's look at where they think the market is going.

A Crash is Highly Unlikely

It's understandable to wait for a better deal; nobody wants to buy a home and see its value drop soon after. However, while some markets may experience modest price decreases, nationwide housing crashes are exceedingly rare.

According to Realtor.com, prices are rising in 71% of U.S. housing markets. Where are they heading next? Industry professionals look to Fannie Mae's Home Price Expectations Survey (HPES), which gathers forecasts from more than 100 housing experts.

Experts Forecast Moderate Price Growth

The most recent HPES findings show that experts expect home prices to gradually rise through 2030. The data suggests that prices will appreciate nationally by 1.7% in 2026, 2% in 2027, 2.8% in 2028, 3.10% in 2029, and 3.34% in 2030. On average, that's roughly 2.6% each year over the next five years.

Even the forecasters who expect the slowest price growth still predict prices will rise by about 1% per year.

What's Expected in Texas?

The Texas Real Estate Research Center predicts a 1.3% increase in the state's median price for a single- family home in 2026, ending the year with a median price of about $334,000.

The Center also predicts the 30-year fixed mortgage rate will fall into the 5% to 5.6% range by the end of 2026, supporting a more balanced market with slower appreciation and increased inventory.

For many DFW homebuyers, a balanced market could mean more homes to choose from, homes on the market for longer, and more opportunities to negotiate with sellers.

Waiting Could Cost You

Consider this scenario: A $400,000 home purchased today would be worth about $439,692 by 2030 if the HPES forecast is correct. That's nearly $40,000 in additional value. If you wait for a price drop that experts say isn't coming, you could miss out on equity gains and pay more for a similar home down the road.

If you're ready to explore homeownership in the Dallas-Fort Worth area, we're ready with a range of tailored financing options. Contact a member of the Decker Group at (972) 591-3097 or connect with us online.