The single-family housing market in the highly desirable Lakewood neighborhood of Dallas in September 2025 is definitely in a different place than it was a year ago. It’s still a pricey area—you’re looking at some serious numbers—but the frantic pace has noticeably slowed down, which is good news if you’re thinking of buying.

Essentially, the market has shifted from being totally controlled by sellers to one that’s much more balanced, and some data even suggests it’s leaning toward buyers now. What this means on the ground is that homes are hanging out on the market for a bit longer, maybe around two months or more on average, so you don’t have to make a split-second decision like you did last year. Sellers aren’t getting quite as close to their original asking price either, and you’re seeing fewer properties spark those crazy bidding wars.

The big takeaway is that there are more choices available, and buyers have gained some real negotiating power. While sales volume is down a bit, people are still buying and selling; it’s just happening at a more normal, thoughtful pace. So if you’ve been dreaming of a Lakewood home, this is a much less stressful time to go house-hunting.