Dallas, TX 75230 Real Estate Market Report

ZIP Code: 75230
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of February 2026, the Dallas, TX (ZIP: 75230) market reflects a median sold price of $1,834,500, indicating a significant adjustment in market dynamics. The neighborhood has decreased 8% since 2022, highlighting a softening trend in property values. This decline in sold prices may suggest a recalibration of buyer expectations in response to elevated inventory levels and a neutral market temperature, which points to a more balanced environment compared to previous years of rapid price appreciation.

Transaction activity appears moderate, with properties remaining on the market for a median of 199 days. This extended duration indicates slower sales velocity, which may be attributed to the current excess supply relative to sales activity. While the median listing price stands at $2,709,750, the gap between listing and sold prices reflects pricing friction, suggesting that sellers may need to adjust their expectations to align with current market realities. Overall, the market is stabilizing, with easing interest rates beginning to enhance buyer affordability, although the impact on demand remains to be fully realized.

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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

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.

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Property Taxes

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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.

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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 Dallas TX at an average of 5.99% are significantly lower than the 6.64% average rate seen for similar originations 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 in Dallas, TX (ZIP: 75230) is $1,834,500, reflecting a notable decrease of 8% since 2022, indicating a softening market.

2. Properties are experiencing a median days on market of 199, suggesting slower sales velocity and potential pricing friction.

3. The median listing price of $2,709,750 indicates a significant gap between seller expectations and actual market transactions, which may require adjustments.

4. Current market conditions are characterized by elevated inventory levels, leading to excess supply relative to sales activity, which may impact future pricing trends.

5. The market temperature is neutral, indicating a balanced environment where buyer and seller expectations may align more closely.

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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.