Dallas, TX 75206 Real Estate Market Report

ZIP Code: 75206
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The Dallas, TX (75206) real estate market is currently characterized by a median sold price of $899,000, reflecting a robust demand despite a backdrop of elevated inventory levels. The neighborhood has increased in value, with prices trending up year-over-year. This upward trajectory in sold prices indicates a resilient market, although the median days on market stands at a lengthy 289 days, suggesting a slower sales velocity and potential pricing friction for sellers.

Inventory conditions appear to be constrained, with elevated inventory levels relative to sales activity, which may indicate a shift towards a more balanced market. The median listing price of $794,000 suggests that sellers are still optimistic, but the gap between listing and sold prices could create challenges in achieving sales. Overall, the market remains active, with strong rental demand reflected in a median market rent of $2,430, contributing to the area's appeal for both buyers and investors.

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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.

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Key Findings

1. The median sold price of $899,000 indicates strong market demand despite elevated inventory levels.

2. With a median listing price of $794,000, there is a notable pricing gap that may create challenges for sellers in achieving sales.

3. The median days on market of 289 days suggests a slower sales velocity, indicating potential pricing friction in the market.

4. Rental demand remains strong, as evidenced by a median market rent of $2,430, supporting the area's attractiveness for investors.

5. The market temperature is currently neutral, suggesting a balanced environment with no clear advantage for buyers or sellers.

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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.