Irving, TX 75060 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

Key Findings

1. The most reliable indicator of recent transactions is the median sold price, which stands at $268,380, signaling the neighborhood's realized market value and serving as the primary reference for pricing decisions; representative recent sale may indicate lower transaction levels than current asking prices suggest.
2. There is a pronounced gap between the median listing price ($342,000) and the median sold price ($268,380), which suggests pricing friction and that sellers' expectations may exceed what buyers are currently transacting at; downward pressure on sale prices appears evident given this spread.
3. Market liquidity appears soft: the median days on market is 138, indicating slower sales velocity and prolonged time to contract; combined with the elevated inventory relative to sales in the analyzed sample, this suggests reduced transaction tempo that may favor buyers in negotiations.
4. Fundamentals show mixed signals—median price per square foot is $196 and median market rent is $1,900, while broader indicators show price year-over-year trend is down and interest rate pressure is elevated; together these factors suggest caution for immediate upside and that financing costs remain a headwind.

Notable Properties

The following 5 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.