ZIP 75040 Housing Market Report
Dallas Metro
Report period: May 2026
75040 Monthly Market Update – May 2026
ZIP 75040 · Last updated May 10, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$309,900
+3.3%
Median DOM (Sales)
38
+2.7%
New Listings (Sales)
15
−76.6%
Median Rent
$2,000
−0.6%
Median DOM (Rental)
1
0.0%
Total Rental Listings
336
−11.3%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Multi-Family (2 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($485,000 median)
Sales Market Overview
Median Price
$309,900
+3.3%
Median DOM
38
+2.7%
New Listings
15
−76.6%
Inventory
253
−0.4%
- Average Price: $326,226
- Median Price: $309,900
- Price Range: $100,000 – $2,000,000
- Price per Sq Ft (Avg/Median): $186 / $187
- Square Footage (Avg/Median): 1,767 / 1,650
- Square Footage Range: 697 – 4,483
- Days on Market (Avg/Median): 66 / 38
- Days on Market Range: 1 – 341
- New Listings: 15
- Total Listings: 253
Sales by Property Type
Condo
Avg/Median Price$162,843 / $160,000Range$143,000 – $180,000Price per Sq Ft$151 / $147Sq Ft1,077 / 1,089DOM105 / 92New0Total7
Land
Avg/Median Price$548,429 / $149,000Range$100,000 – $2,000,000Price per Sq Ft—Sq Ft—DOM133 / 100New0Total7
Multi-Family
Avg/Median Price$229,999 / $229,999Range$229,999 – $229,999Price per Sq Ft$195 / $195Sq Ft1,180 / 1,180DOM2 / 2New1Total1
Single Family
Avg/Median Price$325,792 / $315,000Range$100,000 – $625,000Price per Sq Ft$187 / $188Sq Ft1,792 / 1,694DOM64 / 37New14Total235
Townhouse
Avg/Median Price$255,000 / $255,000Range$195,000 – $315,000Price per Sq Ft$157 / $147Sq Ft1,657 / 1,534DOM90 / 123New0Total3
Sales by Bedroom Count
2 Beds
Avg:$199,267Median:$189,000Range:$143,000 – $256,000PSF:$181 / $165Sq Ft:1,132 / 1,110DOM:100 / 56New:1Total:18
3 Beds
Avg:$291,331Median:$284,000Range:$135,000 – $499,500PSF:$191 / $192Sq Ft:1,543 / 1,471DOM:59 / 36New:10Total:141
4 Beds
Avg:$381,716Median:$379,999Range:$100,000 – $625,000PSF:$180 / $184Sq Ft:2,175 / 2,102DOM:69 / 41New:3Total:78
5 Beds
Avg:$473,089Median:$485,000Range:$315,000 – $549,000PSF:$157 / $156Sq Ft:3,025 / 3,171DOM:50 / 34New:1Total:9
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $199,267 | $189,000 | $143,000 – $256,000 | $181 / $165 | 1,132 / 1,110 | 100 / 56 | 1 | 18 |
| 3 Beds | $291,331 | $284,000 | $135,000 – $499,500 | $191 / $192 | 1,543 / 1,471 | 59 / 36 | 10 | 141 |
| 4 Beds | $381,716 | $379,999 | $100,000 – $625,000 | $180 / $184 | 2,175 / 2,102 | 69 / 41 | 3 | 78 |
| 5 Beds | $473,089 | $485,000 | $315,000 – $549,000 | $157 / $156 | 3,025 / 3,171 | 50 / 34 | 1 | 9 |
Rental Market Overview
Median Rent
$2,000
−0.6%
Median DOM
1
0.0%
New Listings
121
Inventory
336
−11.3%
- Average Rent: $2,047
- Median Rent: $2,000
- Rent Range: $426 – $7,895
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,263 / 1,189
- Square Footage Range: 306 – 3,084
- Days on Market (Avg/Median): 28 / 1
- Days on Market Range: 1 – 363
- New Listings: 121
- Total Listings: 336
Rentals by Property Type
Apartment
$1,864
Median DOM: 1
Inventory: 137
MoM: −0.6%
Condo
$1,700
Median DOM: 35
Inventory: 6
MoM: −0.6%
Single Family
$2,300
Median DOM: 3
Inventory: 186
MoM: −0.6%
Townhouse
$2,030
Median DOM: 1
Inventory: 3
MoM: −0.6%
Apartment
Avg/Median Rent$1,780 / $1,864Range$426 – $3,011Rent per Sq Ft$2 / $2Sq Ft1,060 / 1,167DOM28 / 1New57Total137
Condo
Avg/Median Rent$1,973 / $1,700Range$1,600 – $2,785Rent per Sq Ft$2 / $2Sq Ft1,061 / 1,007DOM74 / 35New1Total6
Multi-Family
Avg/Median Rent$1,685 / $1,595Range$1,395 – $1,900Rent per Sq Ft$1 / $1Sq Ft1,127 / 1,046DOM69 / 28New0Total4
Single Family
Avg/Median Rent$2,254 / $2,300Range$799 – $7,895Rent per Sq Ft$2 / $2Sq Ft1,420 / 1,336DOM25 / 3New62Total186
Townhouse
Avg/Median Rent$2,008 / $2,030Range$1,845 – $2,150Rent per Sq Ft$1 / $1Sq Ft1,483 / 1,467DOM42 / 1New1Total3
Rentals by Bedroom Count
Studio
Avg:$1,024Median:$945Range:$800 – $1,250PSF:$2 / $2Sq Ft:503 / 497DOM:152 / 89New:1Total:4
1 Beds
Avg:$1,532Median:$1,525Range:$426 – $2,080PSF:$2 / $2Sq Ft:757 / 758DOM:41 / 1New:38Total:78
2 Beds
Avg:$2,064Median:$1,995Range:$1,200 – $2,629PSF:$2 / $2Sq Ft:1,170 / 1,187DOM:7 / 1New:56Total:119
3 Beds
Avg:$2,289Median:$2,200Range:$1,050 – $7,895PSF:$2 / $2Sq Ft:1,466 / 1,398DOM:35 / 10New:22Total:100
4 Beds
Avg:$2,486Median:$2,549Range:$1,850 – $3,500PSF:$1 / $1Sq Ft:2,186 / 2,261DOM:38 / 25New:4Total:33
5 Beds
Avg:$3,732Median:$2,475Range:$2,475 – $4,990PSF:$2 / $2Sq Ft:2,165 / 2,165DOM:102 / 102New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,024 | $945 | $800 – $1,250 | $2 / $2 | 503 / 497 | 152 / 89 | 1 | 4 |
| 1 Beds | $1,532 | $1,525 | $426 – $2,080 | $2 / $2 | 757 / 758 | 41 / 1 | 38 | 78 |
| 2 Beds | $2,064 | $1,995 | $1,200 – $2,629 | $2 / $2 | 1,170 / 1,187 | 7 / 1 | 56 | 119 |
| 3 Beds | $2,289 | $2,200 | $1,050 – $7,895 | $2 / $2 | 1,466 / 1,398 | 35 / 10 | 22 | 100 |
| 4 Beds | $2,486 | $2,549 | $1,850 – $3,500 | $1 / $1 | 2,186 / 2,261 | 38 / 25 | 4 | 33 |
| 5 Beds | $3,732 | $2,475 | $2,475 – $4,990 | $2 / $2 | 2,165 / 2,165 | 102 / 102 | 0 | 2 |
6-Month Sales Trend
Dec 2025
Median Price:$299,000Median DOM:81New:25Total:225
Jan 2026
Median Price:$299,000Median DOM:78New:46Total:210
Feb 2026
Median Price:$298,000Median DOM:54New:49Total:210
Mar 2026
Median Price:$295,000Median DOM:36New:68Total:238
Apr 2026
Median Price:$300,000Median DOM:37New:64Total:254
May 2026
Median Price:$309,900Median DOM:38New:15Total:253
6-Month Rental Trend
Dec 2025
Median Rent:$1,985Median DOM:29New:136Total:376
Jan 2026
Median Rent:$1,993Median DOM:3New:224Total:463
Feb 2026
Median Rent:$2,000Median DOM:1New:224Total:443
Mar 2026
Median Rent:$2,001Median DOM:1New:194Total:411
Apr 2026
Median Rent:$2,013Median DOM:1New:195Total:379
May 2026
Median Rent:$2,000Median DOM:1New:121Total:336
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, while total rental inventory tightened.
Market data is only valuable if you act on it. With pricing stabilizing and days on market shifting, this is the type of environment where disciplined investors find their edge.
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