Dallas, TX 75217 Real Estate Market Report

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

---

Executive Overview

The median sold price in Dallas, TX (ZIP: 75217) is $224,355, reflecting a market that has seen a noticeable shift with prices trending down year-over-year. This decline suggests a recalibration from previous market frenzy conditions, as buyers now have increased negotiating power amidst a more balanced market environment. The median listing price stands at $242,000, indicating a significant gap between seller expectations and actual transaction values, which may contribute to slower sales velocity.

Current market conditions are characterized by elevated inventory levels and a median days on market of 145 days, which points to a slower transaction volume. While the market temperature is described as neutral, the combination of moderate interest rate pressure and a slight cost advantage for financing—where current 30-year fixed mortgage rates are around 5.75%—may provide some relief for prospective buyers. Overall, the market appears to be stabilizing, but the downward trend in prices and elevated days on market indicate caution for sellers.

---

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.

---

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.

---

Rental Market

---

Property Taxes

---

Liquidity & Velocity

---

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 75217 area around 5.75% are slightly below the recent Texas average of 5.99% from January 2026, presenting a modest cost advantage for new financing.

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

---

Key Findings

1. The median sold price of $224,355 indicates a market that is experiencing downward price pressure.

2. With a median listing price of $242,000, there is a notable gap between seller expectations and actual sales, suggesting potential pricing friction.

3. The median days on market is 145 days, reflecting a slower sales velocity and indicating that properties may take longer to sell in the current environment.

4. The market temperature is neutral, suggesting a balanced market without strong buyer or seller advantages.

5. Current mortgage rates at 5.75% provide a modest cost advantage for new financing compared to the Texas average, which may encourage buyer activity.

---

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.