Dallas, TX 75220 Real Estate Market Report

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

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Executive Overview

As of March 2026, the real estate market in Dallas, TX (ZIP: 75220) is characterized by a median sold price of $790,000, reflecting a stable market despite recent fluctuations. The neighborhood has decreased 8% since 2022, indicating a shift in market dynamics. This decrease, coupled with a median listing price of $1,399,000, suggests a notable gap between seller expectations and actual transaction values, which may lead to pricing friction as buyers navigate elevated inventory levels.

The market is currently experiencing 333 median days on market, indicating a slower sales velocity and a potential cooling in buyer demand. Elevated inventory levels are evident, with excess supply relative to sales activity, which may further contribute to the extended time properties are remaining on the market. The market temperature is classified as neutral, suggesting a balanced environment where neither buyers nor sellers hold a distinct advantage, although elevated interest rate pressure may dampen overall activity and affordability.

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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 market average around 6.38% to 6.54%, which is slightly higher than the January 2026 average of 6.10% for property owners.

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 $790,000 indicates a significant gap between seller expectations and market realities, as reflected in the median listing price of $1,399,000.

2. With 333 median days on market, properties are experiencing slower sales velocity, suggesting a need for adjustments in pricing strategies.

3. The market temperature is neutral, indicating balanced conditions where neither buyers nor sellers dominate the landscape.

4. Elevated inventory levels suggest excess supply relative to sales activity, which may lead to increased competition among sellers.

5. Current interest rate pressure is elevated, potentially impacting buyer affordability and overall market activity.

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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.