๐Ÿ“Š Updated weekly with real market data ยท Last updated: March 12, 2026 ยท Powered by FarmPosts
Market Report

Dallas, TX Real Estate Market

4-week rolling average ยท Data through March 12, 2026 ยท ZIP 75204

$740K
Median Sale Price
$529K
Median List Price
42
Days on Market
Median Rent
$2K/mo
Median rental listing price
Rental Inventory
1693
Active rental listings
๐Ÿ’ก
Key Market Insight

The 75204 zip code in Dallas, TX is showing a warm market with a tempPosition score of 63 out of 100, reflecting steady buyer demand against 285 active listings. A notable gap exists between the median list price of $529,000 and the median sale price of $740,000, suggesting that higher-end properties are closing well above typical asking prices and pulling the median sale figure upward. Homes are averaging 42 days on market, indicating a measured but active pace of transactions.

๐Ÿฆ
30-Year Fixed Rate
6.0%

Market Activity

Active Inventory285
Price per Sq Ft$324

By Bedroom

BedsSale PriceRent
1BR$275K$2K/mo
2BR$505K$3K/mo
3BR$698K$4K/mo
4BR$875K$7K/mo
5BR$4.25Mโ€”
6BR$1.55M$6K/mo
8BR$1.28Mโ€”
Market Temperature
Buyer's MarketBalancedSeller's Market
๐ŸŒก๏ธ Warm โ€” Slight Seller Advantage

What This Means For You

๐Ÿ Sellers

The median sale price of $740,000 significantly outpaces the median list price of $529,000, which suggests strong buyer competition for desirable properties in this zip code. With 285 active listings and a 42-day median days on market, sellers who price strategically and present their homes well are positioned to capture premium offers.

๐Ÿ”‘Buyers

Buyers in 75204 should be prepared for a market where sale prices frequently exceed list prices, as the median sale price of $740,000 runs well above the median list price of $529,000. With homes sitting an average of 42 days on market, buyers have a modest window to conduct due diligence, but should remain ready to act decisively on competitively priced listings.

๐Ÿ“ˆInvestors

With a median rent of $2,080 and a robust rental inventory of 1,693 units, the 75204 rental market offers consistent demand for income-focused investors. The median price per square foot of $324.19 provides a concrete benchmark for evaluating acquisition costs, and the rent-by-bedroom data shows strong upside potential, with 2-bedroom units renting at $2,750 and 3-bedroom units reaching $3,698 per month.

๐ŸฆRates

The current 30-year fixed mortgage rate of 6.00% and the 15-year fixed rate of 5.43% represent meaningful financing costs that buyers should factor into their purchasing power calculations at this price point. On a median sale price of $740,000, even a modest rate difference between the 30-year and 15-year options can translate to significant long-term interest savings for buyers with the cash flow to support higher monthly payments.

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Data sources: Rentcast ยท Zillow ยท Federal Reserve (FRED)

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