ZIP 75040 Housing Market Report

Dallas Metro

Report period: July 2026

75040 Monthly Market Update – July 2026

ZIP 75040 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$309,900
−0.0%
Median DOM (Sales)
39
−2.5%
New Listings (Sales)
17
−76.7%
Median Rent
$2,000
−0.6%
Median DOM (Rental)
1
0.0%
Total Rental Listings
301
+2.7%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents softened. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Townhouse (16 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 5 Beds ($474,000 median)

Sales Market Overview

Median Price
$309,900
−0.0%
Median DOM
39
−2.5%
New Listings
17
−76.7%
Inventory
277
−1.4%
  • Average Price: $335,183
  • Median Price: $309,900
  • Price Range: $65,000 – $2,999,900
  • Price per Sq Ft (Avg/Median): $185 / $187
  • Square Footage (Avg/Median): 1,777 / 1,650
  • Square Footage Range: 712 – 4,483
  • Days on Market (Avg/Median): 60 / 39
  • Days on Market Range: 1 – 339
  • New Listings: 17
  • Total Listings: 277

Sales by Property Type

Condo
Avg/Median Price$153,998 / $155,000Range$149,990 – $160,000Price per Sq Ft$142 / $142Sq Ft1,083 / 1,089DOM102 / 117New0Total5
Land
Avg/Median Price$679,531 / $120,000Range$65,000 – $2,999,900Price per Sq FtSq FtDOM63 / 28New0Total13
Multi-Family
Avg/Median Price$217,999 / $217,999Range$217,999 – $217,999Price per Sq Ft$185 / $185Sq Ft1,180 / 1,180DOM18 / 18New0Total1
Single Family
Avg/Median Price$322,356 / $315,000Range$85,000 – $625,000Price per Sq Ft$186 / $188Sq Ft1,792 / 1,687DOM60 / 40New17Total254
Townhouse
Avg/Median Price$286,350 / $307,500Range$195,000 – $330,000Price per Sq Ft$157 / $146Sq Ft1,817 / 1,646DOM46 / 16New0Total4

Sales by Bedroom Count

2 Beds
Avg:$203,826Median:$213,500Range:$149,900 – $279,900PSF:$195 / $188Sq Ft:1,090 / 1,089DOM:47 / 31New:2Total:23
3 Beds
Avg:$293,447Median:$289,000Range:$85,000 – $530,000PSF:$190 / $194Sq Ft:1,559 / 1,500DOM:56 / 36New:12Total:148
4 Beds
Avg:$372,512Median:$367,000Range:$169,900 – $625,000PSF:$175 / $175Sq Ft:2,196 / 2,142DOM:73 / 64New:3Total:80
5 Beds
Avg:$468,669Median:$474,000Range:$312,900 – $600,000PSF:$163 / $159Sq Ft:2,890 / 3,171DOM:44 / 35New:0Total:13

Rental Market Overview

Median Rent
$2,000
−0.6%
Median DOM
1
0.0%
New Listings
64
Inventory
301
+2.7%
  • Average Rent: $2,049
  • Median Rent: $2,000
  • Rent Range: $426 – $4,990
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,280 / 1,189
  • Square Footage Range: 331 – 3,110
  • Days on Market (Avg/Median): 26 / 1
  • Days on Market Range: 1 – 340
  • New Listings: 64
  • Total Listings: 301

Rentals by Property Type

Apartment
$1,825
Median DOM: 1
Inventory: 114
MoM: −0.6%
Condo
$1,600
Median DOM: 50
Inventory: 5
MoM: −0.6%
Single Family
$2,100
Median DOM: 8
Inventory: 175
MoM: −0.6%
Townhouse
$2,000
Median DOM: 7
Inventory: 4
MoM: −0.6%
Apartment
Avg/Median Rent$1,791 / $1,825Range$426 – $3,170Rent per Sq Ft$2 / $2Sq Ft1,042 / 1,141DOM30 / 1New31Total114
Condo
Avg/Median Rent$1,590 / $1,600Range$1,550 – $1,650Rent per Sq Ft$2 / $2Sq Ft999 / 1,038DOM65 / 50New1Total5
Multi-Family
Avg/Median Rent$1,465 / $1,395Range$1,350 – $1,650Rent per Sq Ft$1 / $1Sq Ft1,070 / 1,004DOM50 / 65New1Total3
Single Family
Avg/Median Rent$2,241 / $2,100Range$999 – $4,990Rent per Sq Ft$2 / $2Sq Ft1,441 / 1,387DOM22 / 8New30Total175
Townhouse
Avg/Median Rent$2,031 / $2,000Range$1,845 – $2,250Rent per Sq Ft$1 / $1Sq Ft1,451 / 1,467DOM7 / 7New1Total4

Rentals by Bedroom Count

Studio
Avg:$927Median:$755Range:$755 – $1,099PSF:$2 / $2Sq Ft:466 / 331DOM:102 / 62New:0Total:2
1 Beds
Avg:$1,620Median:$1,760Range:$426 – $2,080PSF:$2 / $2Sq Ft:776 / 777DOM:33 / 1New:17Total:74
2 Beds
Avg:$2,049Median:$1,940Range:$1,195 – $3,170PSF:$2 / $2Sq Ft:1,171 / 1,187DOM:13 / 1New:24Total:87
3 Beds
Avg:$2,205Median:$2,095Range:$1,500 – $3,110PSF:$2 / $1Sq Ft:1,452 / 1,446DOM:29 / 14New:16Total:107
4 Beds
Avg:$2,501Median:$2,500Range:$1,525 – $3,199PSF:$1 / $1Sq Ft:2,172 / 2,157DOM:29 / 19New:7Total:28
5 Beds
Avg:$3,628Median:$2,995Range:$2,900 – $4,990PSF:$2 / $1Sq Ft:2,470 / 2,165DOM:47 / 15New:0Total:3

6-Month Sales Trend

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:$310,000Median DOM:41New:63Total:255
Jun 2026
Median Price:$310,000Median DOM:40New:73Total:281
Jul 2026
Median Price:$309,900Median DOM:39New:17Total:277

6-Month Rental Trend

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:$1,995Median DOM:1New:157Total:316
Jun 2026
Median Rent:$2,013Median DOM:1New:154Total:293
Jul 2026
Median Rent:$2,000Median DOM:1New:64Total:301

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing eased, while total rental inventory increased.

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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