Dallas, TX 75224 Real Estate Market Report

ZIP Code: 75224
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.

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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

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Property Taxes

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Liquidity & Velocity

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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 75224 area are averaging approximately 6.3% as of May 2026, reflecting a stable market environment for property owners compared to earlier 2026 origination benchmarks.

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. median sold price: $344,000 is the primary indicator of market value and recent transaction activity in 75224; this representative recent sale level should guide valuations more than asking prices when assessing comparable value. contextual

2. median listing price: $324,950 sits below the median sold price, which may indicate pricing dynamics between seller expectations and completed transactions rather than a straightforward discount or premium; monitor for continued divergence before adjusting offer strategies. flat

3. median days on market: 114 signals slower sales velocity and, combined with elevated inventory relative to sales, suggests pricing friction and longer marketing windows for SFR and condominium listings in the area.

4. price year-over-year trend: flat and market temperature: neutral together indicate a stabilizing, balanced market where small pricing moves are more likely than rapid appreciation or decline; buyers and sellers should plan for measured negotiation rather than aggressive bidding. stable

5. median market rent: $2,150 paired with a rent year-over-year trend of down and moderate interest rate pressure (current local 30-year averages near 6.3%) suggests rental income growth is softening and financing costs remain a moderating factor for investor activity. down

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Notable Properties

The following 4 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.