Dallas, TX 75241 Real Estate Market Report

ZIP Code: 75241
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.

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Key Findings

1. 194,500 is the median sold price and should be treated as the primary indicator of recent market value; the gap versus the median listing price of 239,900 suggests seller asking expectations exceed recent transaction prices and down pressure on prices may continue, so price negotiations should be expected.

2. 120 median days on market indicates slower sales velocity and, when combined with elevated inventory relative to sales activity in the analyzed sample, suggests buyers may have room to negotiate on terms and price rather than face rapid bidding environments.

3. 170 median price per square foot alongside a 1,900 median market rent shows pricing and rent benchmarks for underwriting; with rent year-over-year trend down, rental income projections should be stress-tested against softer near-term rent assumptions.

4. The broader market temperature is neutral with interest rate pressure at moderate, which together imply a balanced market backdrop where pricing is sensitive to financing costs and transactions may hinge on buyer financing clarity; plan offers and hold strategies accordingly.

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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.