Dallas, TX 75209 Real Estate Market Report
ZIP Code: 75209
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
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
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.
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.
Property Taxes
Liquidity & Velocity
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 75209 area are approximately 6.4%, reflecting a stable market environment for property owners compared to early 2026 origination benchmarks.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
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median sold price is unavailable in the provided metrics, which likely reflects insufficient closed-sale data or a very small sample of recent transactions in the analyzed dataset; this absence limits precision on realized transaction values and should prompt reliance on qualitative liquidity signals and listing-side metrics for near-term valuation guidance.
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median listing price is 1,495,000, which together with the reported inventory context suggests pricing friction between seller expectations and limited closed-sale evidence; sellers should be prepared for selective buyer scrutiny and may consider targeted adjustments when comparable closed transactions emerge.
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median days on market is 148, indicating slower sales velocity that appears to reflect a balanced market leaning slightly toward sellers—transaction timelines are extended, so pricing and condition will be primary drivers of buyer attention.
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median price per square foot is 433 and the price year-over-year trend is up, while rent year-over-year trend is down; combined with moderate interest rate pressure and a local 30-year fixed mortgage reference of approximately 6.4%, this suggests owners may see continued nominal price support but should monitor weakening rental demand and financing costs when evaluating hold vs. sell scenarios.
Notable Properties
The following 1 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.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Dallas, TX 75209 Real Estate Market Report
ZIP Code: 75209
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.
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
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.
Rental Market
Property Taxes
Liquidity & Velocity
Liquidity metrics unavailable due to insufficient data quality.
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 75209 area are approximately 6.4%, reflecting a stable market environment for property owners compared to early 2026 origination benchmarks.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
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median sold price: unavailable — Transaction-level sold-price data is not present in the provided metrics, which may indicate limited recent sales in the sampled feed or delayed reporting from local MLS sources; treat recent sale guidance as provisional until sold-price records are available. data gap
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up price year-over-year trend coupled with a neutral market temperature suggests pricing is rising but the market remains balanced; this configuration appears to support modest seller advantage without the aggressive bidding seen in hotter markets. up
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2,290 median market rent with a down rent year-over-year trend indicates rental rates have softened even as sale prices are trending up, which may compress landlord cash-flow expectations and affect investor underwriting. down
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moderate interest rate pressure and current 30-year fixed mortgage rates of 6.4% indicate borrowing costs remain an important headwind for buyer affordability; expect purchase activity to be sensitive to rate movement rather than price alone. moderate
Notable Properties
The following 4 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.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold at market average
Sold at market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.3% rate, 1.4% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 5/1/2026
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