Dallas, TX 75209 Real Estate Market Report

ZIP Code: 75209
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Dallas, TX (ZIP: 75209) is $1,397,000, reflecting a robust market despite the current conditions. The neighborhood has increased up since 2023, indicating a positive trend in property values. However, the market is characterized by elevated inventory levels, leading to a median days on market of 305, suggesting a slower sales velocity and potential pricing friction as buyers may take longer to make purchasing decisions.

The market temperature remains neutral, indicating a balance between supply and demand, but the presence of excess supply relative to sales activity may create opportunities for buyers to negotiate better terms. Additionally, the rental market shows continued strength with a median market rent of $2,370, supported by ongoing job growth in the area, which may help sustain demand in the housing market overall.

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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 are averaging 6.528%, which is 0.4% higher than the average rate of 6.10% seen 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. $1,397,000 is the median sold price, indicating a strong market despite elevated inventory levels.

2. The median days on market is 305, reflecting slower sales velocity and potential pricing friction for sellers.

3. The market temperature is neutral, suggesting a balance between supply and demand in the current environment.

4. Median market rent stands at $2,370, indicating ongoing demand in the rental sector supported by job growth.

5. Interest rate pressure is elevated, which may impact buyer affordability and overall market activity.

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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.