Dallas, TX 75248 Real Estate Market Report

ZIP Code: 75248
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

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

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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. median sold price is not available in the provided metrics, which may reflect an extremely limited recent sales sample or reporting lag in the dataset; rely on listing-based indicators and qualitative liquidity signals until a representative sold-price series is reported.

2. median listing price of 770,000 suggests elevated seller price expectations relative to recent transaction activity; with down price year-over-year trend and elevated inventory relative to sales, sellers should consider price or terms adjustments to improve closings.

3. median days on market of 178 indicates materially slower sales velocity and pricing friction; this prolonged time-to-contract suggests buyers have negotiating leverage and that sellers should plan for longer marketing timelines or stronger concessions.

4. median market rent of 1,800 and median price per square foot of 277, combined with neutral market temperature and down rent trend, imply weaker near-term rental upside; investors should exercise caution and prioritize deal-level cashflow stress-testing under current conditions with moderate interest rate pressure.

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Notable Properties

The following 2 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.

Dallas, TX 75248 Real Estate Market Report

ZIP Code: 75248
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo 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

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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. median sold price is the primary indicator of realized market value and transaction momentum, but the median sold price is not provided in the available metrics so recent transaction-level price confirmation is unavailable; rely on listed pricing and trend signals while interpreting transaction evidence cautiously.

2. median listing price $249,500 suggests seller asking levels that market participants should reference against actual sale prices; given the reported down price year-over-year trend, sellers may need to price more competitively to transact.

3. median days on market 237 points to slower sales velocity and meaningful holding time for listed residences, which, combined with elevated inventory relative to sales activity in the sample, suggests greater negotiation leverage for buyers and potential pricing friction for sellers.

4. median price per square foot 209 combined with a down rent year-over-year trend and moderate interest rate pressure implies constrained upside for short-term appreciation and tenant-driven income growth; investors should expect modest near-term cash-flow sensitivity to further rate moves and softening rents.

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Notable Properties

The following 1 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.