Dallas, TX 75218 Real Estate Market Report

ZIP Code: 75218
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

---

Executive Overview

As of February 2026, the Dallas, TX (ZIP: 75218) market reflects a median sold price of $650,000, indicating a robust level of transaction activity despite broader market corrections. The neighborhood appears to be experiencing strong year-over-year price appreciation, although specific historical price change data is not available. This suggests a potentially volatile market environment where pricing dynamics may shift as buyer preferences evolve.

The market is characterized by 161 days on market, indicating a slower sales velocity and a more selective buyer base. Elevated inventory levels are present, suggesting an excess supply relative to sales activity. This condition may lead to pricing friction as sellers adjust to the current market landscape. Overall, the market temperature is described as neutral, reflecting a balance between supply and demand but with signs of caution as buyers navigate their options.

---

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

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.

---

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 market around 5.75%-6.01% are notably lower than the 6.85% average seen one year ago, presenting a cost-saving opportunity for property owners.

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 $650,000 indicates strong transaction activity in the area, suggesting a resilient market despite broader trends.

2. With 161 days on market, the sales velocity appears slower, which may indicate a more selective buyer environment.

3. Elevated inventory levels suggest excess supply relative to sales activity, potentially leading to pricing adjustments as sellers respond to market conditions.

4. The median listing price of $675,000 reflects seller expectations that may not align with current buyer sentiment, indicating potential pricing friction.

5. The median market rent of $2,080 is up, suggesting increasing demand for rental properties, which may influence buyer interest in purchasing homes.

---

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.