Dallas, TX 75229 Real Estate Market Report

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.

Market Metrics

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.

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.

Property Taxes

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.

Market Trends & Context

Key Findings

1. The primary market signal is the median sold price $543,000, which represents the most reliable indicator of realized value and recent transaction activity in ZIP 75229; this price point, when viewed against current asking behavior, suggests a meaningful gap between seller expectations and actual sale outcomes. representative recent sale
2. The market shows pricing and velocity divergence: the median days on market 138 indicates slower sales velocity and longer listing periods, which combined with elevated inventory relative to sales activity may create pricing friction and longer negotiation windows for sellers.
3. Local price direction is positive at the index level—price year-over-year trend up—while market balance remains neutral, so expect measured appreciation rather than rapid gains; neutral market temperature suggests neither side has a decisive advantage.
4. Rent dynamics are cooling: median market rent $1,868 is paired with a rent year-over-year trend down, and with interest rate pressure elevated this environment may reduce investor urgency and tighten financing-dependent demand; down

Notable Properties

The following 6 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.