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Market Snapshot

Median listing price
$1.69M

The median listing price in Dallas, TX ZIP 75214 is $1,687,500 as of June 2026.

Median rent
$1,495/mo

The median market rent in Dallas, TX ZIP 75214 is $1,495/month as of June 2026.

Days on market
136 days

The median days on market in Dallas, TX ZIP 75214 is 136 days as of June 2026. The market is currently neutral.

Gross rental yield
1.06%

At a median list price of $1,687,500 and a median rent of $1,495/month, the gross rental yield in Dallas, TX ZIP 75214 is 1.06% as of June 2026.

STR vs LTR
$1,554/mo STR · $1,495/mo LTR

In Dallas, TX ZIP 75214, median Airbnb revenue is $1,554/month compared to median long-term rent of $1,495/month as of June 2026.

Dallas, TX 75214 Real Estate Market Report

ZIP Code: 75214

Report Date: June 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
12 Months
Total Properties Analyzed
59
Active Listings
55
Sold Properties
4

Market Metrics

Median Listing Price
$1,687,500
Median Sold Price
$0
Median Price per Sqft
$453/sqft

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
$1,495

Property Taxes

Property Tax Rate
1.43%

Liquidity & Velocity

Median Days on Market
136

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
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Dallas 75214 area are averaging approximately 6.65%, reflecting a stable but elevated interest rate environment compared to the 6.2% range seen earlier in 2026.

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


Key Findings

  1. median sold price is unavailable in the provided metrics; this likely reflects an insufficient or unreported recent-sales sample for the ZIP rather than definitive price movement, so rely on listing-based signals and qualitative liquidity indicators instead.
  2. median listing price of 1,687,500 combined with a median days on market of 136 suggests slower transaction velocity and potential pricing friction; neutral market temperature may mean sellers need to be patient or adjust expectations to transact.
  3. Sample-level data show elevated inventory relative to sales activity, which, together with a median price per square foot of 453, suggests excess supply appears to be placing mild downward pressure on realized sale prices compared with asking levels.
  4. Rental metrics and financing context: median market rent of 1,495 and a rent year-over-year trend of up indicate steady rental demand, while the reported current 30-year fixed average near 6.65% and interest rate pressure labeled moderate may cap immediate buyer affordability gains even as prices show broader up-trending signals.

Notable Properties

The following 7 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

6835 Westlake Ave, Dallas, TX 75214
Top Sale

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

8 beds8 baths6,918 sqft
$2,825,000
Apr 1, 2026
$408/sqft/sqft
203 days on market
6838 Velasco Ave, Dallas, TX 75214
Value

Sold below market average

5 beds5 baths6,515 sqft
$2,040,000
Sep 1, 2025
$313/sqft/sqft
341 days on market
6838 Velasco Ave, Dallas, TX 75214
Value

Sold below market average

5 beds5 baths6,515 sqft
$2,040,000
Sep 1, 2025
$313/sqft/sqft
341 days on market
6967 Kenwood Ave, Dallas, TX 75214
Value

Sold below market average

5 beds5 baths4,304 sqft
$1,064,500
Jun 1, 2025
$247/sqft/sqft
1459 days on market
6967 Kenwood Ave, Dallas, TX 75214
Value

Sold below market average

5 beds5 baths4,304 sqft
$1,064,500
Jun 1, 2025
$247/sqft/sqft
1459 days on market
7154 Shook Ave, Dallas, TX 75214
Value

Sold below market average

4 beds3 baths3,234 sqft
$999,000
Jul 1, 2025
$309/sqft/sqft
467 days on market
7154 Shook Ave, Dallas, TX 75214
Value

Sold below market average

4 beds3 baths3,234 sqft
$999,000
Jul 1, 2025
$309/sqft/sqft
467 days on market

Data Sources

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

Report generated: 6/1/2026

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