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

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Executive Overview

The median sold price in Dallas, TX (ZIP: 75218) stands at $649,000, reflecting a stable market despite a down trend in overall prices year-over-year. This suggests that while the broader market may be softening, specific areas like this ZIP code continue to exhibit resilience in pricing. The median listing price is notably higher at $680,000, indicating potential pricing friction as sellers adjust expectations to align with buyer sentiment and market realities.

Market activity is characterized by 167 days on the market, which points to slower sales velocity and a more deliberate buying process. Elevated inventory levels relative to sales activity suggest a shift towards a more balanced market, though the overall demand remains supported by strong local job growth and easing interest rates, which currently average between 5.875% and 6.26%. This environment may provide opportunities for buyers, as the market temperature is currently assessed as neutral, indicating a balanced approach between buyers and sellers.

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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 market average around 5.875% to 6.26% compared to 6.87% a year ago, presenting a cost opportunity for refinancing.

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 median sold price of $649,000 indicates stable pricing in the face of broader market trends that are down.

2. With a median listing price of $680,000, there is a notable gap suggesting potential pricing friction as sellers adjust to market conditions.

3. The median days on market of 167 signifies a slower sales velocity, reflecting a more cautious buyer approach.

4. Elevated inventory levels relative to sales activity indicate moderate market conditions, suggesting a balanced environment for both buyers and sellers.

5. Current interest rates averaging between 5.875% and 6.26% present a cost opportunity for refinancing, which may stimulate buyer interest.

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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.