Dallas, TX 75212 Real Estate Market Report

ZIP Code: 75212
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: 75212) is characterized by a median sold price of $314,000, reflecting a cooling trend in home values. This represents a significant decline in prices, as the market has shifted toward a more balanced environment with elevated inventory levels. The median listing price stands at $439,999, indicating a notable gap between seller expectations and actual transaction prices, which may suggest pricing friction in the current market dynamics.

Transaction activity is moderate, with median days on market reaching 213 days, indicating a slower sales velocity. This extended time frame for properties on the market may be attributed to the excess supply relative to sales activity. Despite these challenges, the underlying job growth in the region continues to support long-term demand, and improved mortgage rates are providing some relief to buyers, although concessions are becoming increasingly common.

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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

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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 market average around 5.75% to 6.25%, which is notably lower than the 6.85% average seen one year ago in February 2025.

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 $314,000 indicates a significant gap compared to the median listing price of $439,999, suggesting potential pricing friction in the market.

2. With median days on market at 213 days, the market is experiencing a slower sales velocity, reflecting elevated inventory levels relative to sales activity.

3. The market temperature is currently neutral, indicating a balanced environment where neither buyers nor sellers hold a distinct advantage.

4. The median market rent is $1,972, which may influence buyer decisions as rental prices also show a down trend year-over-year.

5. Current mortgage rates range from 5.75% to 6.25%, which is an improvement from the previous year, potentially easing interest rate pressure on buyers.

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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.