Dallas, TX 75232 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

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

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The neighborhood's primary indicator of market value is the median sold price of $232,770, which — combined with a median days on market of 168 — suggests a representative recent sale profile and slower sales velocity despite ongoing transactions.
2. There is a notable gap between the median listing price of $261,950 and the median sold price of $232,770, which may indicate pricing friction as sellers' expectations appear higher than recent transaction prices.
3. Price trends are down year-over-year while market temperature is neutral, and elevated interest rate pressure (Current 30-year fixed mortgage rates in Dallas, TX, are approximately 6.5% to 6.75%) may be contributing to measured buyer activity and cautious seller pricing.
4. Rental fundamentals remain supportive with a median market rent of $1,900 and rents trending up, which suggests continued demand in the leasing market even as sales-side liquidity appears more measured.

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.