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Dallas, TX 75218 Real Estate Market Report

ZIP Code: 75218
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
180 Days
Total Properties Analyzed
45
Active Listings
42
Sold Properties
3

Market Metrics

Median Listing Price
$799,000
Median Sold Price
$1,165,390
Median Price per Sqft
$350/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
$1,335

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

Property Tax Rate
1.31%

Liquidity & Velocity

Median Days on Market
136

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
up
Market Temperature
neutral
Rent YoY Trend
flat
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Dallas 75218 area are approximately 6.4%, reflecting a stable market environment for property owners compared to early 2026 averages.

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


Key Findings

  1. median sold price is not available in the provided dataset; this metric may be missing due to a very small recent-sales sample or reporting lag, so use recent transaction context cautiously rather than relying on a single representative sale. data gap

  2. median listing price is $799,000, which establishes current seller pricing expectations and may create a pricing gap if recent closed sales (not provided) are materially different — monitor executed sale prices for confirmation. pricing context

  3. median days on market is 136, indicating notably slower sales velocity in recent listings; this longer market exposure suggests pricing friction or careful buyer selection rather than immediate turnover. slower sales velocity

  4. price year-over-year trend is up while market temperature is neutral and interest rate pressure is elevated (Current 30-year fixed mortgage rates in the Dallas 75218 area are approximately 6.4%), a mix that suggests price resilience but constrained affordability that may cap near-term upside. price resilience


Notable Properties

The following 3 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

8710 San Leandro Dr, Dallas, TX 75218
Top Sale

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

4 beds
4 baths
4,123 sqft
$3,898,981
Nov 1, 2025
$946/sqft/sqft
1477 days on market
8706 San Leandro Dr, Dallas, TX 75218
Premium

Sold above market average

4 beds
4 baths
4,137 sqft
$3,898,981
Nov 1, 2025
$942/sqft/sqft
8714 San Leandro Dr, Dallas, TX 75218
Premium

Sold above market average

4 beds
4 baths
4,137 sqft
$3,898,981
Nov 1, 2025
$942/sqft/sqft

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

-$6,052/mo
75218 Avg Rent
75218 Cost to Own
Rent$1,335
Own$7,387

20% down, 6.3% rate, 1.3% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

75218 Avg nightly rate
75218 Avg occupancy (days/year)
Nightly rate$186/night
Occupancy111 of 365 days

Data Sources

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

Report generated: 5/1/2026

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