Dallas, TX 75204 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Property Taxes

Liquidity & Velocity

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The median sold price is unavailable in the provided metrics, so the median sold price cannot be stated; this absence may indicate limited recent closed-transaction data or a reporting lag in sale records, and analysts should treat the available listing-based metrics as provisional until sold-price data are reported.
2. Current pricing snapshot centers on a median listing price of 629,950, paired with a median price per square foot of 344, while the price year-over-year trend is down; together these signals suggest seller expectations are facing downward pressure and listing-level pricing may need adjustment to convert to closed sales.
3. Market liquidity appears muted: the median days on market is 196, which—combined with a market temperature characterized as neutral—suggests slower transaction velocity and elevated interest rate pressure; this may indicate pricing friction and excess supply relative to sales activity rather than constrained supply.
4. Rental fundamentals remain supportive for investors: the median market rent is 2,083 and the rent year-over-year trend is up; note that financing conditions are under pressure—Current 30-year fixed mortgage rates in Dallas, TX are 6.44%, which is consistent with the 6.19% to 6.44% range observed throughout early 2026—potentially increasing holding-cost sensitivity for leveraged buyers.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.