Dallas, TX 75227 Real Estate Market Report

ZIP Code: 75227
Report Date: February 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: 75227) currently stands at $257,065, reflecting a significant indicator of market activity. The neighborhood has decreased 8% since 2022, suggesting a downward trend in home values. This decline in sold prices may indicate a shift in buyer sentiment and market dynamics, as the gap between the median listing price of $280,000 and the sold price suggests pricing friction in the market.

Transaction activity appears moderate, with elevated inventory levels contributing to longer days on market, currently at 182 days. This extended timeframe may reflect a more cautious buyer approach amid elevated interest rate pressure and a neutral market temperature. The overall market conditions indicate a transition toward stabilization, with economic fundamentals supporting long-term demand despite current challenges.

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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 market around 5.85% are lower than the 6.21% average reported earlier in 2026, presenting a potential cost advantage 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 $257,065 indicates a potential decline in market value since 2022.

2. With a median listing price of $280,000, there is notable pricing friction between asking and sold prices.

3. The median days on market of 182 suggests a slower sales velocity in the current market.

4. The median market rent of $1,972 remains stable, indicating moderate demand for rental properties.

5. Current interest rate pressure is described as elevated, which may be impacting buyer confidence and transaction volume.

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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.