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Dallas, TX 75217 Real Estate Market Report

ZIP Code: 75217
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.


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
90 Days
Total Properties Analyzed
58
Active Listings
53
Sold Properties
5

Market Metrics

Median Listing Price
$236,000
Median Sold Price
$208,160
Median Price per Sqft
$171/sqft

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

Median Market Rent
$1,800

Property Taxes

Property Tax Rate
1.88%

Liquidity & Velocity

Median Days on Market
194
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


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

Key Findings

  1. The primary transaction indicator is the median sold price of $208,160, which reflects recent closed-market value and aligns with a broader down price year-over-year trend; treat this as the most reliable signal of current market value.

  2. Sellers appear priced above recent transactions: the median listing price of $236,000 exceeds the median sold price of $208,160, which, combined with a median days on market of 194, may indicate pricing friction and slower sales velocity rather than immediate bidding competition.

  3. Inventory dynamics show elevated supply relative to sales in the analyzed sample, which suggests moderate transaction volume and continued liquidity headwinds; use the median days on market of 194 as evidence of slower turnover when planning time-on-market expectations.

  4. Rental and financing context is softening: the median market rent of $1,800 is paired with a down rent year-over-year trend, while interest rate pressure is moderate and market temperature is neutral, implying cautious buyer activity and a balanced but fragile equilibrium for SFR and condominium pricing.


Notable Properties

The following 6 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

354 Crenshaw Dr, Dallas, TX 75217
Top Sale

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

3 beds
1 baths
988 sqft
$215,000
Apr 1, 2026
$218/sqft/sqft
1162 days on market
815 Apache Dr, Dallas, TX 75217
Value

Sold below market average

3 beds
2 baths
1,220 sqft
$145,000
Mar 1, 2026
$119/sqft/sqft
85 days on market
9815 Whistler Dr, Dallas, TX 75217
Value

Sold below market average

3 beds
2 baths
1,163 sqft
$134,000
Mar 1, 2026
$115/sqft/sqft
10608 Eastcrest Ln, Dallas, TX 75217
Value

Sold below market average

3 beds
1 baths
987 sqft
$120,000
Apr 1, 2026
$122/sqft/sqft
7211 Elam Rd, Dallas, TX 75217
Value

Sold below market average

2 beds
1 baths
1,059 sqft
$115,000
Apr 1, 2026
$109/sqft/sqft
71 days on market
7211 Elam Rd, Dallas, TX 75217
Value

Sold below market average

2 beds
1 baths
1,059 sqft
$115,000
Apr 1, 2026
$109/sqft/sqft
71 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

$360/mo
75217 Avg Rent
75217 Cost to Own
Rent$1,800
Own$1,440

20% down, 6.5% rate, 1.9% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

75217 Avg nightly rate
75217 Avg occupancy (days/year)
Nightly rate$201/night
Occupancy105 of 365 days

Data Sources

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

Report generated: 5/1/2026

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