Everywhere you go in the country, you will hear the same expression, Dallas is so hot. People love it, and those that have not heard of it want to know about it. With over 200 people relocating to DFW every day, after visiting one time, many more want to move here. For those from the area, it is exciting to see our suburbs flourish. With so many options on where to live with a diverse collection of suburbs, we thought we’d share where you can still find homes under $500,000 in this hot market.
Finding homes in this median sales price is still possible. The latest Dallas real estate sales report show homes in these local neighborhoods have remained under a $500,000 media sales price and average purchase price.
So, which neighborhoods can you still purchase a Dallas home for under $500,000?
Frisco - Frisco, Texas is approximately 25 minutes north of Dallas and the Dallas/Fort Worth International Airport. Frisco is known for excellent schools offered by Frisco ISD and great family friendly neighborhoods. Median home price in this area was $415,000 in fall of 2019.
Prosper - Prosper is an affluent suburban town in Dallas-Fort Worth metroplex, and is located about 35 miles (60 km) north of Dallas. Prosper is known for its slower pace of life and outstanding Prosper ISD schools. Median home price in this area was $482,000 in fall of 2019.
Flower Mound - Flower Mound’s low tax rate, excellent school system under Lewisville ISD, safe neighborhoods and a quality of life make it one of the premier cities in the Dallas/Fort Worth Metroplex to live and raise a family. Median home price in this area was $413,000 in fall of 2019.
Coppell - Coppell is a highly desired city 10 minutes away from the DFW airport and is known for excellent Coppell ISD schools. It is bordered by and offers easy access to I-635, I-35 and Highway 121. To the southeast is Las Colinas and one of the fastest suburban commuter routes to downtown Dallas. To the south is Valley Ranch with the Dallas Stars’ training facilities. Median home price in this area was $415,000 in fall of 2019.
Keller - Keller attracts families from all over the country with a warm and welcoming atmosphere, an excellent school system with Keller ISD, a wide variety of shopping and dining destinations, and award-winning city facilities and programs. Median home price in this area was $425,000 in fall of 2019.
Neighborhoods where you can still purchase a Dallas home for under $400,000 include:
Grapevine - Grapevine, Texas, centrally located between Dallas and Fort Worth, is known for fantastic hotels and resorts, great attractions for the entire family, exquisite winery tasting rooms, world-class festivals and events, shopping, a wide variety of outdoor recreational activities and more. Median home price in this area was $365,000.
Highland Village - Highland Village is an affluent community located in Denton County on the outskirts of the Dallas-Fort Worth (DFW) metropolitan area. Highland Village is bordered on the north by Lake Lewisville, with many lakefront homes and homes with lake views. Median home price in this area was $400,000.
Celina - Halfway between Dallas and the Oklahoma border, Celina is situated in the center of North Texas’s most popular communities including McKinney, Gunter, and Prosper. Median home price in this area was $365,000.
Allen - Allen is #2 in MONEY's annual list of America's best towns! Allen offers a friendly community with exceptional schools, excellent city services and a nationally-recognized parks and recreation program. With four premier shopping destinations, an award-winning golf course, nearly 200 restaurants and our own 7,000-seat arena, our city boasts something for everyone. Median home price in this area was $340,000 in fall of 2019.
McKinney - Located 30 miles north of Dallas, McKinney is a picturesque city with a small-town feel that is quite different from the Metroplex's urban sprawl. Money Magazine ranked McKinney the #1 Best Place to Live in America in 2014. Median home price in this area was $327,000 in fall of 2019.
Plano - Median home price in this area was $340,000 in fall of 2019.
In addition here are some neighborhoods where can you still purchase a Dallas home for under $300,000:
Farmers Branch – Surprising enough it is an oasis of small-town life in the heart of big-city bustle market in DFW that has homes under $300k. The median sales price in this area this fall was $287,000, with an average of $320,000.
Lewisville – A population at 77,737 and proximity to Lewisville Lake have made it a recreational hub of the Dallas–Fort Worth metroplex. Conveniently located ten minutes north of DFW Airport along Interstate 35, Lewisville offers family-friendly attractions for residents and good Lewisville ISD schools. Median home price in this area was $280,000 in fall of 2019.
Irving - Centrally located between Dallas and Fort Worth, Irving offers convenient access to the DFW International Airport and the entire DFW Metroplex with a median sales price of $298,000. Irving includes the Las Colinas community, one of the first master-planned developments in the United States
Little Elm – Located along the northern and eastern shores of Lewisville Lake sales price in this area this fall was $278,000, with an average of $295,500.
Carrollton - With a diverse population, this area could be poised for growth in the coming years. The median sales price in this area this fall was $300,000, with an average of $320,000
How We Help You Relocate to Dallas-Fort Worth
Our goal is to help relieve you from the time and stress associated with moving to a new city. We know Dallas inside and out and our knowledge is what we want to use to help reduce the time and headache associated with your move. Nitin Gupta, REALTOR®, CRS, GRI will quickly familiarize out-of-town buyers with the intricacies of the Dallas real estate market. We can quickly identify the Dallas communities best suited to your unique lifestyle and financial requirement. We do all the market research for you, pinpointing the neighborhoods and properties you should be looking at during your house-hunting trip to Dallas so you can find your dream home in the least amount of time. You can complete our Dallas Neighborhood Finder Survey
online before you even fly to Dallas and we will help you in identifying a perfect
neighborhood for you.
Top 10 reasons we relocated to Dallas - be sure to check out all the reasons we think you are going to love living in Dallas.
Whichever steps you take, make sure you're working with a licensed Dallas based REALTOR®. Nitin Gupta is a long time Dallas resident who is raising his family in DFW and knows the area.
About us: Professional Dallas Relocation & Real Estate Services.
As a Real Estate Professional, I understand the challenges that arise from a Relocation. I work with families including physicians who are relocating to Dallas metro area. I have earned a number of real estate certifications and designations in an effort to learn and provide excellent customer service to my clients. As a CRS, ABR & GRI, I can offer my clients experience as an Agent and REALTOR®, top Industry Customer Service, in-depth, up-to-the-minute and comprehensive market knowledge; honesty, integrity, dedication, and professionalism in my business.
Whether you are an individual simply relocating to Dallas from California, or moving your entire family from areas like San Francisco, Fremont, Palo Alto, Los Angeles, San Diego in California due to transferring with your company, we can help. Our relocation professionals ease the transition whether you are moving across town or across the globe. We will work with you to find an area that best suits your professional, family and lifestyle needs. Since many of our clients are relocation buyers, we have all the tools you need to help your home search. Whether it is video previews of homes, extended work hours, digital signatures for documents or more, we can make this process as comfortable as possible no matter where you are located.
What is most important to you in your new city? With a little bit more info about what you’re looking for in a new city, we can help you determine whether or not Dallas would be a good fit. Send us an email at [email protected], fill out our Relocation Questionnaire, or give us a call at (469) 269-6541 to schedule a no obligation consultation. We’ll give you honest advice about Dallas that you can use to help make your relocation decision. In the meantime, check out our Guide to Relocating to Dallas.