Dallas, TX 75224 Real Estate Market Report

ZIP Code: 75224
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Dallas, TX (ZIP: 75224) stands at $270,000, reflecting a market that has seen moderate price appreciation. This price point indicates a stable demand amidst a backdrop of elevated inventory levels, suggesting a balanced market environment. The market temperature is currently classified as neutral, which may indicate that buyers and sellers are finding common ground in negotiations, despite the presence of excess supply relative to sales activity.

Transaction velocity appears to be slower, with properties spending a median of 283 days on market. This extended duration may suggest that while demand is present, buyers are exercising caution, leading to a more deliberate purchasing process. The median listing price of $299,999 indicates that sellers may have higher expectations compared to actual sold prices, contributing to the observed pricing friction in the market.

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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.

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Key Findings

1. The median sold price of $270,000 indicates a stable market amidst moderate price appreciation.

2. Properties are experiencing a median days on market of 283, suggesting a slower sales velocity and potential buyer caution.

3. The median listing price of $299,999 reflects seller expectations that may be higher than market realities, contributing to pricing friction.

4. With a neutral market temperature, the balance between supply and demand appears to be maintained, although elevated inventory levels suggest some excess supply relative to sales activity.

5. The median market rent of $1,972 shows an upward trend, which may attract investors looking for rental opportunities in the area.

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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.