Dallas, TX 75218 Real Estate Market Report

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

---

Executive Overview

As of April 2026, the real estate market in Dallas, TX (75218) reflects a median sold price of $666,245, indicating a stable market with slight price appreciation. The neighborhood has increased 0% since 2023, suggesting a period of price stability. This price point, combined with a median listing price of $792,500, reveals a notable pricing gap that may indicate seller expectations are outpacing current market realities.

Transaction activity appears moderate, with median days on market at 223, suggesting slower sales velocity. The current inventory conditions show elevated inventory levels, with excess supply relative to sales activity, which could further influence pricing dynamics. While rental demand remains strong with a median market rent of $2,080, rent growth has cooled, reflecting a more stable rental market amidst moderate interest rate pressure, currently averaging 6.38% for 30-year fixed mortgages.

---

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

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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Dallas, TX 75218 are averaging 6.38%, which is 0.86% higher than the average rate of 5.52% seen in early 2026.

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 $666,245 indicates a stable market with slight price appreciation, reflecting a balanced environment.

2. With median days on market at 223, the market is experiencing slower sales velocity, suggesting potential pricing friction.

3. The median listing price of $792,500 presents a significant gap compared to the sold price, indicating seller expectations may be misaligned with buyer demand.

4. Elevated inventory levels suggest excess supply relative to sales activity, which could pressure pricing in the near term.

5. The median market rent of $2,080 remains stable, but flat rent growth indicates a cooling in rental demand.

---

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.