Dallas, TX 75217 Real Estate Market Report

ZIP Code: 75217
Report Date: April 2026
Market Temperature: COLD
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The real estate market in Dallas, TX (ZIP: 75217) is currently characterized by a median sold price of $222,500, reflecting a downward trend in prices. This indicates a decrease in market value, suggesting that the area has experienced a cooling phase. The median days on market stands at 183 days, which points to a slower sales velocity and may indicate a shift towards a more cautious buyer sentiment.

With elevated inventory levels relative to sales activity, the market appears to be favoring buyers, as evidenced by the broader cooling trends in the DFW metroplex. Despite this, the median market rent remains strong at $1,972, indicating localized strength in rental demand, which may provide some stability amidst the overall price declines. The local economy is supported by expected job growth and in-migration, which could positively influence future market dynamics.

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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 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.

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Key Findings

1. The median sold price of $222,500 highlights a downward trend in market values, suggesting pricing pressure in the area.

2. With a median days on market of 183 days, the market is experiencing slower sales velocity, indicating potential buyer hesitation.

3. The median market rent of $1,972 shows strong rental demand, contrasting with the declining sales prices.

4. Current market conditions reflect elevated inventory levels, which may suggest excess supply relative to sales activity.

5. The overall market temperature is classified as cold, indicating a shift towards a buyer's market.

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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.