Dallas, TX 75206 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

Key Findings

1. The neighborhood's median sold price is unavailable in the provided metrics, which may reflect reporting lag, limited recent closed-transaction data in the sample, or data-aggregation constraints rather than a lack of market activity.
2. The median listing price is $1,274,500, which sets a high asking-level benchmark; coupled with a median days on market of 195, this appears to indicate slower sales velocity and increased pricing friction between sellers and buyers.
3. The median price per square foot is $393 alongside a median market rent of $1,829, while rent year-over-year trend is down, suggesting rental demand has softened even as asset price per area remains elevated.
4. Market signals are mixed: price year-over-year trend is up while market temperature is neutral and interest rate pressure is elevated, which together suggest prices may hold or rise modestly but buyer affordability and transaction pace may be constrained by funding costs.

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.