DFW home prices still slightly below average—even with 7.9% gain

​DALLAS-FORT WORTH – Home prices were up 7.9 percent at midyear in a closely watched U.S. housing comparison. 

Nationwide home prices rose 4.9 percent in second quarter from a year earlier in the National Association of Realtors’ Metropolitan Home Price Report.

More than two dozen cities had double-digit price gains in the Realtors’ survey of 178 U.S. housing markets.

DFW median home prices rose in 2Q 2016 to $232,200, the Realtors said. 

That’s just below the nationwide median price of $240,700.

North Texas home prices are at an all-time high. 

Median sales prices in the area have jumped by more than 40 percent in the last five years, local data show.​