Dallas, TX 75206 Real Estate Market Report

ZIP Code: 75206
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: 75206) is characterized by a median sold price of $915,000, reflecting a robust local market despite broader trends. The neighborhood has increased 15% since 2023, indicating strong demand and resilience in pricing. However, the median days on market stands at 213, suggesting a slower sales velocity and potentially elevated inventory levels relative to the number of transactions occurring. This combination of high sold prices and extended market times may indicate pricing friction as buyers adjust to market conditions.

The overall market temperature is currently described as neutral, with elevated inventory levels contributing to a more balanced market dynamic. While the median listing price is $965,000, the gap between listing and sold prices may reflect seller expectations that are not fully aligned with current buyer sentiment. The local economic fundamentals remain strong, supported by job and population growth in the DFW metroplex, which bodes well for future market stability.

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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

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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 Dallas, TX, around 5.875% are notably lower than the 6.64% average rate seen in early 2026 originations for this market.

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 $915,000 reflects strong local demand and resilience in the market.

2. Despite a 15% increase since 2023, the median days on market of 213 indicates slower sales velocity and potential pricing friction.

3. The median listing price of $965,000 suggests sellers may have elevated expectations compared to actual market performance.

4. Current market conditions are classified as neutral, with elevated inventory levels contributing to a balanced market dynamic.

5. Long-term economic fundamentals remain positive, driven by strong job and population growth in the DFW metroplex.

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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.