Dallas, TX 75243 Real Estate Market Report

ZIP Code: 75243
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Dallas, TX (ZIP: 75243) stands at $524,500, reflecting a notable shift in market dynamics. This area has seen a price trend that is characterized as down, indicating a cooling market compared to previous periods. The median days on market has significantly increased to 210 days, suggesting a slower sales velocity and potentially indicating buyer hesitation amid elevated interest rate pressure.

Despite these challenges, the median listing price is recorded at $454,900, which may suggest pricing friction as sellers adjust expectations in response to the current market conditions. Overall, the market temperature is assessed as neutral, indicating a balance between supply and demand, albeit with elevated inventory levels relative to sales activity.

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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

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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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 TX at 6.09% are slightly higher than the recent 2026 average of 5.87%, indicating property owners locked in a marginally favorable rate.

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 median sold price of $524,500 reflects a down trend in pricing, indicating potential challenges for sellers.

2. With a median days on market of 210 days, the market is experiencing slower sales velocity, which may suggest buyer caution.

3. The median listing price of $454,900 shows a significant gap compared to the sold price, indicating potential pricing friction in the market.

4. The median market rent is at $1,972, which may influence buyer decisions as rental prices also trend down.

5. Current interest rate pressure is classified as elevated, impacting buyer affordability and overall market activity.

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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.