Dallas, TX 75218 Real Estate Market Report

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

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

Key Findings

1. The primary indicator, median sold price, is not provided in the available metrics, so direct verification of realized transaction prices is unavailable; this contextual limitation means conclusions must rely on listing-level and sample-derived signals rather than an explicit sold-price benchmark.
2. Current asking-price context shows a median listing price of 850,000 and a median price per square foot of 363, with a broader price trajectory indicated as up year-over-year; without a reported median sold price, expect some pricing friction between seller expectations and actual sales.
3. Market liquidity appears slower given a median days on market of 136, which, together with elevated inventory relative to sales activity, suggests longer marketing periods and more negotiation room for buyers rather than rapid turnover.
4. Rental and macro signals: median market rent is 1,416 and rent is trending down year-over-year, while interest rate pressure is elevated and the overall market temperature is neutral; elevated rates plus softer rents may dampen investor yield expectations and extend time-to-sale for marginal listings.

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.