Irving, TX Housing Market Report

The Irving, TX housing market is currently experiencing a transition toward a buyer-friendly environment as of December 2025. With active inventory rising by 7.88 percent year-over-year to nearly 30,000 units and homes spending an average of 82 days on the market, buyers now have significantly more leverage and selection than in previous years. The sale-to-list ratio of 0.98 indicates that most properties are selling slightly below their original asking prices, suggesting that sellers are becoming more open to negotiations and concessions to finalize deals.

Price trends over the last six months show a period of stabilization following a year-over-year decline of 3.25 percent. After hitting a low point in September 2025 at $330,662, the median home value has seen three consecutive months of modest growth, ending the year at $332,129. This suggests that while the market corrected from previous highs, it has found a new floor. The rental market remains relatively flat with a negligible 0.31 percent decrease, indicating that housing demand in the Dallas-Fort Worth-Arlington metro area remains consistent despite the cooling sales market.

Looking ahead, the Irving market offers a strategic opportunity for first-time buyers and investors. The increase in days on market—up 12 days from last year—means buyers can afford to be more selective and conduct thorough due diligence without the pressure of immediate bidding wars. Sellers, on the other hand, must prioritize competitive pricing and property condition to stand out in a growing pool of inventory. As the metro area continues to attract corporate relocations, Irving's central location remains a strong long-term value proposition despite the current short-term price softening.