Dallas, TX 75232 Real Estate Market Report

ZIP Code: 75232
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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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

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 75232 are averaging 6.4%, reflecting a stable market environment for property owners compared to early 2026 levels.

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 primary market indicator is the median sold price: 251,000, which represents the most reliable recent transaction signal for neighborhood value and suggests current realized pricing is below asking levels; price momentum is down year-over-year.

2. There is a meaningful listing-to-sale gap with median listing price: 280,000 above the median sold price, which may indicate pricing friction and that sellers’ expectations exceed recent transaction levels.

3. Slower sales velocity is evident with median days on market: 137, which, combined with elevated inventory relative to sales, suggests sellers should plan for longer listing periods and more measured marketing timelines.

4. Market fundamentals are neutral overall—market temperature: neutral—but watch financing headwinds: interest rate pressure: elevated with typical 30-year fixed mortgage rates averaging 6.4%, and rental dynamics are soft with rent year-over-year trend: down and median market rent: 1,800, which may temper investor demand in the near term.

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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.