GemHausNew report

Dallas, TX 75211 Real Estate Market Report

ZIP Code: 75211
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.

Analysis Window
180 Days
Total Properties Analyzed
50
Active Listings
45
Sold Properties
5

Market Metrics

Median Listing Price
$315,000
Median Sold Price
$239,520
Median Price per Sqft
$209/sqft

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

Median Market Rent
$1,550

Property Taxes

Property Tax Rate
1.55%

Liquidity & Velocity

Median Days on Market
169
Sale-to-List Ratio
100.0%

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.


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.

Price YoY Trend
down
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the 75211 area are approximately 6.46%, reflecting a stable market environment for property owners compared to early 2026 rates of 5.99%.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The neighborhood's primary market indicator is the $239,520 median sold price, which reflects realized transaction value and sits well below the $315,000 median listing price, suggesting pricing friction and that sellers may need to adjust expectations to secure sales — listing-to-sale gap.

  2. The 169 median days on market points to slower sales velocity; when combined with elevated inventory relative to sales activity, this appears to increase negotiation leverage for buyers and suggests transactions may take longer to close — slower sales velocity.

  3. The down price year-over-year trend indicates recent softening in sale prices; with the market temperature described as neutral and interest rate pressure classified as moderate, prices are more likely to stabilize or correct gradually rather than resume rapid appreciation — down.

  4. The $1,550 median market rent alongside the $209 median price per square foot offer current valuation reference points for underwriting and pricing decisions; note that rent year-over-year trend is down, so rental growth is not currently supporting price upside — contextual comparators.


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.

Recent Transactions

2318 Rook Dr, Dallas, TX 75211
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

2 beds
2 baths
1,560 sqft
$369,550
Nov 1, 2025
$237/sqft/sqft
4316 Penrod Ave, Dallas, TX 75211
Value

Sold below market average

3 beds
2 baths
1,826 sqft
$290,000
Jan 1, 2026
$159/sqft/sqft
570 days on market
4316 Penrod Ave, Dallas, TX 75211
Value

Sold below market average

3 beds
2 baths
1,826 sqft
$290,000
Jan 1, 2026
$159/sqft/sqft
570 days on market
912 Laredo Plz, Dallas, TX 75211
Value

Sold below market average

3 beds
2 baths
1,533 sqft
$175,000
Jan 1, 2026
$114/sqft/sqft
308 days on market
3333 Thibet St, Dallas, TX 75211
Value

Sold below market average

3 beds
1 baths
1,228 sqft
$136,000
Feb 1, 2026
$111/sqft/sqft
3333 Thibet St, Dallas, TX 75211
Value

Sold below market average

3 beds
1 baths
1,228 sqft
$136,000
Feb 1, 2026
$111/sqft/sqft
3031 Wilton Ave, Dallas, TX 75211
Value

Sold below market average

2 beds
1 baths
1,097 sqft
$110,000
Jan 1, 2026
$100/sqft/sqft
3031 Wilton Ave, Dallas, TX 75211
Value

Sold below market average

2 beds
1 baths
1,097 sqft
$110,000
Jan 1, 2026
$100/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$15/mo
75211 Avg Rent
75211 Cost to Own
Rent$1,550
Own$1,565

20% down, 6.3% rate, 1.6% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

75211 Avg nightly rate
75211 Avg occupancy (days/year)
Nightly rate$179/night
Occupancy106 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 5/1/2026

GemHaus

Get personalized market intelligence

View property-level details in Dallas, TX get valuations, rent estimates, operating costs, and pro-forma insights.

Nearby Market Reports