Dallas, TX 75232 Real Estate Market Report

ZIP Code: 75232
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

---

Executive Overview

The Dallas, TX (ZIP: 75232) market is currently experiencing a median sold price of $258,500, reflecting a decrease of 8% since 2022. This decline in sold prices indicates a market correction as buyers adjust to changing economic conditions. The median listing price stands at $277,450, suggesting a notable gap between seller expectations and current market realities, which may contribute to slower sales activity.

Inventory levels have risen significantly, leading to median days on market of 185, indicating a shift towards longer selling times. This trend suggests that buyers are gaining negotiating power amid elevated inventory levels, which may further pressure prices downward. Overall, the market is characterized by a neutral temperature, with moderate sales activity and a favorable interest rate environment, as current mortgage rates are lower than they were a year ago, providing some relief to affordability.

---

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

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.

---

Rental Market

---

Property Taxes

---

Liquidity & Velocity

---

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 area around 5.875% are notably lower than the 6.87% average seen one year ago, indicating a favorable market shift for refinancing.

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

---

Key Findings

1. Median sold price is $258,500, indicating a decrease of 8% since 2022.

2. Median listing price of $277,450 suggests pricing friction between seller expectations and market realities.

3. Median days on market at 185 reflect slower sales velocity, indicating a shift towards longer selling periods.

4. Elevated inventory levels suggest excess supply relative to sales activity, impacting overall market liquidity.

5. Current mortgage rates around 5.875% are notably lower than last year's 6.87%, indicating low interest rate pressure and potential for refinancing opportunities.

---

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.