How Proximity to DFW Airport Affects Home Values in the Metroplex

Did you know that the airport’s location can have a major impact on home values in the area?

If you’re looking to sell your home or buy one near DFW, understanding how proximity to the airport affects home values can help you make better decisions.

Why DFW Airport is a Big Deal?

DFW International Airport is one of the largest and busiest airports in the world. It’s the fourth busiest in terms of passenger traffic in the U.S. and serves as a major hub for both domestic and international flights.

With nearly 76 million passengers passing through in 2022 alone, it plays a huge role in the local economy, creating jobs and boosting businesses.

But how does this massive transportation hub affect the homes around it? Let’s dive into the pros and cons of living near DFW Airport and what it means for home values in the Metroplex.

The Positive Side of Living Near DFW Airport

There’s no denying that living close to an international airport has its perks, especially if you’re a frequent traveler.

But beyond the convenience, proximity to DFW Airport can positively impact home values for several reasons.

Easy Access to Transportation: One of the biggest advantages of living near DFW Airport is the accessibility to travel. For homeowners who need to commute frequently for work or personal reasons, the convenience of being close to the airport can be a huge selling point.

Economic Growth in the Area: The airport brings a lot of business and economic activity to the surrounding areas. Many companies choose to set up shop near the airport because of the easy logistics, which means more jobs and more potential homebuyers.

Attracts Corporate Buyers: Corporate executives and business professionals often look for homes near the airport to make their lives easier. This influx of high-earning buyers means that homes in the immediate vicinity of the airport tend to be more desirable, which can push home values higher.

The Drawbacks of Living Near DFW Airport

Of course, not everyone is eager to live right next to an international airport, and there are some downsides that can affect home values.

Noise Pollution: Airplane noise is one of the biggest concerns for people living near DFW Airport. While modern planes are quieter than ever, the constant takeoffs and landings can still be disruptive. 

Traffic Congestion: With so many people passing through DFW Airport, traffic in the surrounding areas can be a headache. If you live in a neighborhood that’s close to a major airport access road, the extra traffic could be a negative factor for potential buyers. Traffic congestion, especially during peak hours, can lead to slightly lower home prices in these areas, with some studies suggesting a 2-4% decrease in value due to heavy traffic.

Air Quality: Another factor that can affect home values is air quality. Airports are busy places, with thousands of planes taking off and landing each day. This leads to higher levels of emissions, which can affect the air quality in nearby neighborhoods.

While this isn’t a major issue for all homes near DFW Airport, some buyers are concerned about environmental factors and may shy away from areas with lower air quality.

The Best Places to Buy Near DFW Airport

Not all areas around DFW Airport are created equal when it comes to home values. Some neighborhoods benefit from their proximity to the airport, while others might struggle due to noise or traffic issues. Here are a few of the best spots to consider if you’re looking to buy near DFW:

Grapevine: Known for its charming downtown and excellent schools, Grapevine is one of the best places to live near DFW Airport. The area has seen a 6% increase in home values in the last year alone, thanks to its convenient location and family-friendly vibe.

Coppell: This upscale suburb is located just minutes from DFW Airport but manages to maintain a quiet, suburban feel. Homes in Coppell tend to hold their value well, with a 5% annual increase in prices over the past few years.

Irving/Las Colinas: Irving, particularly the Las Colinas area, is another popular spot for homeowners looking for proximity to the airport. The area is a hub for business, and many corporate executives choose to live here for the convenience of being close to both work and the airport. Home values in Las Colinas have risen 7% over the last year.

Should You Buy or Sell Near DFW Airport?

If you’re considering selling a home near DFW Airport, it’s important to understand how these factors might affect your home’s value. For some, the convenience of being close to a major airport outweighs the potential downsides.

In fact, homes within a 20-minute radius of DFW Airport tend to sell 10% faster than those farther out, due to the airport's appeal to frequent travelers and corporate buyers.

On the other hand, if you’re thinking about buying a home near DFW, it’s worth doing some research on specific neighborhoods.

While some areas might experience noise or traffic issues, others offer a perfect blend of convenience and comfort, leading to long-term value appreciation.