Dallas, TX 75214 Real Estate Market Report

ZIP Code: 75214
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.

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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 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 75214 market are 6.46%, reflecting the prevailing interest rate environment for property owners in this area throughout 2026.

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 primary indicator of recent market value is the $1,875,000 median sold price, which along with a median days on market of 149 suggests a representative recent sale level but slower sales velocity and elevated inventory relative to sales activity (contextual slower turnover).

2. Sellers are listing at a higher reference point—$1,925,000 median listing price—while recent transactions closed at the lower median sold price; this spread appears to reflect pricing friction between seller expectations and realized transaction prices (pricing gap), so sellers should consider aligning asks with recent sold comps to improve time-to-contract.

3. Market-level price momentum is positive: median price per square foot $466 and a year-over-year price trend that is up indicate continued local appreciation, supporting listing strategies that reference per-square-foot comps when setting price.

4. Liquidity and financing context are mixed: the market temperature is neutral while inventory shows elevated supply relative to sales activity, and interest rate pressure is moderate with prevailing 30-year fixed mortgage rates around 6.46%, which may temper buyer purchasing power and encourage pricing discipline for sellers (moderate rate pressure).

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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.

Dallas, TX 75214 Real Estate Market Report

ZIP Code: 75214
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.

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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

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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 75214 market are 6.46%, reflecting the prevailing interest rate environment for property owners in this area throughout 2026.

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 primary market value indicator, median sold price, is unavailable in the provided dataset, so recent transaction-level pricing cannot be directly stated; this absence means reported listing and sample sale context must be used cautiously when assessing realized prices.

2. Pricing snapshot shows a strong seller pricing signal with median listing price 650,000 and median price per square foot 276, and the area’s year-over-year price direction is up, which suggests continued price appreciation despite broader market cooling.

3. Liquidity and transaction speed point to slower turnover: median days on market 120 alongside elevated inventory relative to sales in the analyzed sample, and the overall market temperature is neutral; together these data suggest reduced sales velocity and pricing friction despite upward price momentum.

4. Financing and rent context: current 30-year fixed mortgage rate 6.46% reflects prevailing borrowing costs and interest rate pressure is described as moderate, while median market rent 2,150 and a flat rent year-over-year trend indicate limited near-term rental upside for investors.

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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.