Dallas, TX 75220 Real Estate Market Report

ZIP Code: 75220
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of February 2026, the real estate market in Dallas, TX (ZIP: 75220) is characterized by a median sold price of $804,250, reflecting a market that has decreased 8% since 2022. This decline in sold prices suggests a shift in buyer sentiment and market dynamics, likely influenced by broader economic factors and rising interest rates. The median listing price stands at $1,500,000, indicating a significant gap between seller expectations and actual transaction values, which may create pricing friction in the market.

Transaction activity appears to be moderate, with homes taking an average of 220 days on market. The elevated inventory levels suggest excess supply relative to sales activity, which may further contribute to the slower sales velocity observed in the area. Overall, the market temperature is currently neutral, indicating a balance between buyer and seller activity, but with signs of potential softening as inventory increases and prices adjust to current demand conditions.

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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

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.

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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 TX 75220 area around 5.875% are notably lower than the 6.6% average seen earlier in 2026, presenting a cost-saving opportunity for recent borrowers.

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 $804,250 indicates a market that has decreased by 8% since 2022, reflecting changing buyer dynamics.

2. With a median listing price of $1,500,000, there is a notable gap between seller expectations and actual sales, suggesting potential pricing friction in the market.

3. Homes are taking an average of 220 days on market, indicating a slower sales velocity and potential buyer hesitance.

4. The market temperature is currently neutral, suggesting a balance between supply and demand but with signs of softening as inventory levels rise.

5. The median market rent is $1,972, which has shown a down trend year-over-year, indicating potential challenges in rental demand amidst increasing supply.

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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.