Dallas, TX 75243 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

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.

Property Taxes

Liquidity & Velocity

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 is unavailable in the dataset, which may indicate limited closed-transaction reporting in the analyzed sample rather than an absence of market activity; this lack of a representative sold-price anchor reduces confidence in direct transaction-based valuation comparisons for the ZIP code.
2. median listing price ($485,000) sits above the unreported sold-price benchmark and, combined with a down price year-over-year trend, suggests pricing friction where seller expectations may be softening relative to recent transaction evidence.
3. median days on market (158) points to slower sales velocity and, when viewed alongside elevated interest rate pressure described for the area, may indicate longer marketing periods and greater negotiation leverage for buyers; this appears consistent with elevated interest rate pressure.
4. median market rent ($1,020) and median price per square foot (201) show rental demand improvement (up rent year-over-year) that supports buy-to-rent economics even as transaction pace slows, suggesting investors should model financing sensitivity carefully given current 30-year rate ranges cited for the area.

Notable Properties

The following 4 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.