Dallas, TX 75205 Real Estate Market Report

ZIP Code: 75205
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of February 2026, the real estate market in Dallas, TX (ZIP: 75205) is characterized by a median sold price of $3,468,080, reflecting the area's continued appeal despite broader market trends. The neighborhood has maintained a strong market presence, with prices indicating resilience amid a backdrop of price moderation in the wider DFW area. The median listing price stands at $5,395,000, suggesting a significant gap between seller expectations and actual transaction values, which may indicate pricing friction in the market.

Transaction activity appears to be moderate, with median days on market reaching 270, indicative of slower sales velocity. This extended time frame may suggest a cooling in buyer urgency, contributing to elevated inventory levels relative to sales activity. The market temperature is currently assessed as neutral, reflecting a balance between supply and demand, though the elevated inventory suggests potential challenges for sellers in achieving their listing prices.

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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.

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Market Metrics

Note: 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.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Dallas market average around 5.75% to 6.01%, which is notably lower than the 6.85% average seen one year ago in February 2025.

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

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Key Findings

1. The median sold price of $3,468,080 indicates strong market performance despite broader price moderation trends.

2. With a median listing price of $5,395,000, there is a notable gap between seller expectations and actual sales, leading to potential pricing friction.

3. The median days on market of 270 reflects a slower sales velocity, suggesting a more cautious buyer sentiment in the current market.

4. Elevated inventory levels relative to sales activity may indicate excess supply challenges for sellers in achieving desired prices.

5. The market temperature is assessed as neutral, suggesting a balanced environment despite the elevated inventory conditions.

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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.