Dallas, TX 75214 Real Estate Market Report

ZIP Code: 75214
Report Date: February 2026
Market Temperature: COLD
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: 75214) is characterized by a median sold price of $999,495. This indicates a cooling trend in the market, as the neighborhood has decreased 8% since 2022. The current market conditions reflect a cold temperature, suggesting a shift towards a more balanced environment where buyers have increased negotiating power due to elevated inventory levels.

The median days on market stands at 182, indicating a slower sales velocity and longer transaction times. With a median listing price of $1,100,000, there is a notable pricing gap that may create friction between seller expectations and buyer willingness. The overall market dynamics suggest caution among buyers, as the median market rent is also down, further influencing purchasing decisions and market liquidity.

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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 Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Dallas TX average around 5.97% to 6.09%, which is slightly lower than the average rate of 6.87% seen a year prior in early 2025, suggesting a minor cost advantage for new financing.

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 $999,495 indicates a significant 8% decrease since 2022, reflecting a cooling market.

2. With a median days on market of 182, the market is experiencing slower sales velocity, suggesting longer transaction times.

3. The median listing price of $1,100,000 creates a notable pricing gap, which may lead to pricing friction in negotiations.

4. The market temperature is currently classified as cold, indicating a shift towards a more balanced environment with elevated inventory levels relative to sales activity.

5. The median market rent is $2,210, which is also down, suggesting potential caution among buyers regarding investment decisions.

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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.