Dallas, TX 75227 Real Estate Market Report

ZIP Code: 75227
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: 75227) reflects a median sold price of $253,720, indicating a stable transaction environment despite a year-over-year price trend that is down. This decline suggests a shift in market dynamics, as the area transitions from rapid appreciation to a more balanced state. The current median listing price stands at $260,000, which highlights a notable gap between seller expectations and actual market performance, potentially leading to pricing friction in negotiations.

Market activity is characterized by elevated inventory levels, with a median days on market of 223 days, signaling a slower sales velocity. The market temperature is currently neutral, suggesting that while there is moderate transaction volume, the excess supply relative to sales activity may indicate a need for sellers to adjust their pricing strategies to align more closely with buyer expectations. Additionally, the median market rent of $1,972 reflects a similar trend, as rental prices are also down, further indicating that supply is catching up to demand in the rental 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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Dallas, TX market average 6.57% APR, which is 0.25% higher than the average rate of 6.32% seen one week prior in 2026.

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 $253,720 reflects a market adjusting to downward price pressures.

2. With a median days on market of 223 days, the market is experiencing slower sales velocity compared to previous periods.

3. The median listing price of $260,000 suggests potential pricing friction between seller expectations and buyer willingness.

4. Elevated inventory levels indicate excess supply relative to sales activity, which may require sellers to reconsider their pricing strategies.

5. The median market rent of $1,972 is also down, suggesting that rental supply is catching up to demand.

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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.