Dallas, TX 75208 Real Estate Market Report

ZIP Code: 75208
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: 75208) is characterized by a median sold price of $562,500, reflecting a stable yet cautious market environment. The neighborhood has decreased 8% since 2022, indicating a softening in market values. This decline suggests that sellers are adjusting their expectations in response to changing market dynamics, particularly as inventory levels rise and transaction activity moderates.

The current market conditions reveal median days on market at 220 days, which points to slower sales velocity and a potential overhang of inventory. Elevated inventory levels are evident, as the sample indicates excess supply relative to sales activity. This situation may lead to further adjustments in pricing strategies as sellers navigate a more competitive landscape. Overall, the market appears to be transitioning toward a balanced state, with median listing prices at $475,000, indicating a notable gap between what sellers are asking and what buyers are willing to pay.

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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 TX 75208 market at approximately 6.09% are 0.78% lower than the 6.87% average rate seen a year prior in early 2026.

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 $562,500 indicates a decrease in market value, down 8% since 2022.

2. With median days on market at 220 days, the market is experiencing slower sales velocity and extended listing periods.

3. The median listing price of $475,000 suggests a significant gap in seller expectations compared to actual sales, indicating pricing friction.

4. Elevated inventory levels signal excess supply relative to sales activity, which may pressure future pricing.

5. The median market rent of $1,972 remains stable, suggesting that rental demand is still fundamentally strong despite a down trend year-over-year.

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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.