Dallas, TX 75241 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. median sold price: 204,300 — Recent transaction activity centers on this price point, which positions market value toward stabilization but with a down year-over-year price trend; this suggests sellers may need to align expectations to completed-sales levels rather than asking-price ambitions.
2. median listing price: 237,948 is notably higher than the representative recent sale level, which suggests pricing friction where sellers are listing above what buyers are paying; given the elevated inventory relative to sales activity, this gap appears to be pressuring offer acceptance and may extend time-to-contract.
3. median days on market: 60 indicates slower sales velocity versus a faster-turning market and, combined with elevated inventory relative to sales activity, may result in moderate negotiation leverage for well-positioned buyers.
4. median market rent: 1,910 and a rent year-over-year trend of up indicate strengthening rental demand; interest rate pressure is reported as moderate, and Current 30-year fixed mortgage rates in Dallas at 6.63% are 0.64% higher than the 5.99% typical of early 2026, a dynamic that may favor existing homeowners who secured earlier, lower rates.

Notable Properties

The following 7 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.