ZIP 75040 Housing Market Report
Dallas Metro
Report period: August 2026
75040 Monthly Market Update – August 2026
ZIP 75040 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$310,000
+3.3%
Median DOM (Sales)
46
+4.5%
New Listings (Sales)
14
−77.8%
Median Rent
$2,013
+0.7%
Median DOM (Rental)
1
0.0%
Total Rental Listings
275
−0.7%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (42 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($399,900 median)
Sales Market Overview
Median Price
$310,000
+3.3%
Median DOM
46
+4.5%
New Listings
14
−77.8%
Inventory
277
−4.2%
- Average Price: $336,941
- Median Price: $310,000
- Price Range: $65,000 – $2,999,900
- Price per Sq Ft (Avg/Median): $184 / $186
- Square Footage (Avg/Median): 1,763 / 1,650
- Square Footage Range: 712 – 4,483
- Days on Market (Avg/Median): 66 / 46
- Days on Market Range: 2 – 365
- New Listings: 14
- Total Listings: 277
Sales by Property Type
Condo
Avg/Median Price$153,332 / $150,000Range$149,990 – $160,000Price per Sq Ft$146 / $142Sq Ft1,055 / 1,089DOM94 / 59New0Total6
Land
Avg/Median Price$807,825 / $149,000Range$65,000 – $2,999,900Price per Sq Ft—Sq Ft—DOM73 / 54New0Total12
Single Family
Avg/Median Price$319,478 / $310,000Range$85,000 – $625,000Price per Sq Ft$185 / $187Sq Ft1,778 / 1,680DOM65 / 45New14Total256
Townhouse
Avg/Median Price$310,800 / $312,900Range$299,500 – $320,000Price per Sq Ft$164 / $165Sq Ft1,911 / 1,942DOM44 / 42New0Total3
Sales by Bedroom Count
2 Beds
Avg:$195,600Median:$190,000Range:$144,900 – $260,000PSF:$189 / $186Sq Ft:1,089 / 1,068DOM:54 / 48New:4Total:25
3 Beds
Avg:$297,543Median:$298,000Range:$85,000 – $530,000PSF:$190 / $192Sq Ft:1,577 / 1,492DOM:58 / 37New:7Total:150
4 Beds
Avg:$371,657Median:$365,000Range:$169,900 – $625,000PSF:$173 / $174Sq Ft:2,202 / 2,166DOM:83 / 65New:3Total:80
5 Beds
Avg:$438,475Median:$399,900Range:$312,900 – $599,000PSF:$161 / $156Sq Ft:2,744 / 2,562DOM:70 / 54New:0Total:10
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $195,600 | $190,000 | $144,900 – $260,000 | $189 / $186 | 1,089 / 1,068 | 54 / 48 | 4 | 25 |
| 3 Beds | $297,543 | $298,000 | $85,000 – $530,000 | $190 / $192 | 1,577 / 1,492 | 58 / 37 | 7 | 150 |
| 4 Beds | $371,657 | $365,000 | $169,900 – $625,000 | $173 / $174 | 2,202 / 2,166 | 83 / 65 | 3 | 80 |
| 5 Beds | $438,475 | $399,900 | $312,900 – $599,000 | $161 / $156 | 2,744 / 2,562 | 70 / 54 | 0 | 10 |
Rental Market Overview
Median Rent
$2,013
+0.7%
Median DOM
1
0.0%
New Listings
76
Inventory
275
−0.7%
- Average Rent: $2,110
- Median Rent: $2,013
- Rent Range: $426 – $5,990
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,350 / 1,256
- Square Footage Range: 331 – 3,943
- Days on Market (Avg/Median): 25 / 1
- Days on Market Range: 1 – 301
- New Listings: 76
- Total Listings: 275
Rentals by Property Type
Apartment
$1,864
Median DOM: 1
Inventory: 83
MoM: +0.7%
Condo
$1,500
Median DOM: 81
Inventory: 5
MoM: +0.7%
Single Family
$2,200
Median DOM: 8
Inventory: 180
MoM: +0.7%
Townhouse
$2,100
Median DOM: 32
Inventory: 2
MoM: +0.7%
Apartment
Avg/Median Rent$1,789 / $1,864Range$426 – $3,170Rent per Sq Ft$2 / $2Sq Ft1,032 / 1,129DOM27 / 1New36Total83
Condo
Avg/Median Rent$1,529 / $1,500Range$1,500 – $1,595Rent per Sq Ft$2 / $1Sq Ft999 / 1,038DOM84 / 81New1Total5
Multi-Family
Avg/Median Rent$1,678 / $1,695Range$1,350 – $2,150Rent per Sq Ft$1 / $1Sq Ft1,234 / 1,256DOM29 / 25New0Total5
Single Family
Avg/Median Rent$2,286 / $2,200Range$999 – $5,990Rent per Sq Ft$2 / $1Sq Ft1,506 / 1,398DOM22 / 8New39Total180
Townhouse
Avg/Median Rent$2,200 / $2,100Range$2,100 – $2,300Rent per Sq Ft$2 / $1Sq Ft1,373 / 1,100DOM71 / 32New0Total2
Rentals by Bedroom Count
Studio
Avg:$902Median:$755Range:$755 – $1,050PSF:$2 / $2Sq Ft:414 / 331DOM:142 / 142New:0Total:2
1 Beds
Avg:$1,657Median:$1,824Range:$426 – $2,080PSF:$2 / $2Sq Ft:788 / 777DOM:31 / 1New:19Total:57
2 Beds
Avg:$2,033Median:$1,927Range:$1,195 – $3,170PSF:$2 / $2Sq Ft:1,152 / 1,178DOM:15 / 1New:28Total:70
3 Beds
Avg:$2,213Median:$2,100Range:$1,500 – $3,110PSF:$2 / $1Sq Ft:1,450 / 1,414DOM:27 / 14New:22Total:107
4 Beds
Avg:$2,531Median:$2,575Range:$1,525 – $3,200PSF:$1 / $1Sq Ft:2,154 / 2,157DOM:29 / 18New:7Total:33
5 Beds
Avg:$3,586Median:$2,995Range:$2,650 – $5,990PSF:$1 / $1Sq Ft:2,703 / 2,165DOM:22 / 20New:0Total:5
6 Beds
Avg:$3,495Median:$3,495Range:$3,495 – $3,495PSF:$1 / $1Sq Ft:3,381 / 3,381DOM:28 / 28New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $902 | $755 | $755 – $1,050 | $2 / $2 | 414 / 331 | 142 / 142 | 0 | 2 |
| 1 Beds | $1,657 | $1,824 | $426 – $2,080 | $2 / $2 | 788 / 777 | 31 / 1 | 19 | 57 |
| 2 Beds | $2,033 | $1,927 | $1,195 – $3,170 | $2 / $2 | 1,152 / 1,178 | 15 / 1 | 28 | 70 |
| 3 Beds | $2,213 | $2,100 | $1,500 – $3,110 | $2 / $1 | 1,450 / 1,414 | 27 / 14 | 22 | 107 |
| 4 Beds | $2,531 | $2,575 | $1,525 – $3,200 | $1 / $1 | 2,154 / 2,157 | 29 / 18 | 7 | 33 |
| 5 Beds | $3,586 | $2,995 | $2,650 – $5,990 | $1 / $1 | 2,703 / 2,165 | 22 / 20 | 0 | 5 |
| 6 Beds | $3,495 | $3,495 | $3,495 – $3,495 | $1 / $1 | 3,381 / 3,381 | 28 / 28 | 0 | 1 |
6-Month Sales Trend
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:$300,000Median DOM:44New:63Total:289
Aug 2026
Median Price:$310,000Median DOM:46New:14Total:277
6-Month Rental Trend
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:111Total:277
Aug 2026
Median Rent:$2,013Median DOM:1New:76Total:275
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, 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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