ZIP 75204 Housing Market Report

Dallas Metro

Report period: May 2026

75204 Monthly Market Update – May 2026

ZIP 75204 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$540,000
+0.0%
Median DOM (Sales)
53
+1.9%
New Listings (Sales)
24
−68.4%
Median Rent
$2,065
+1.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
1,815
−0.6%

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: Single Family (41 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 5 Beds ($3,995,000 median)

Sales Market Overview

Median Price
$540,000
+0.0%
Median DOM
53
+1.9%
New Listings
24
−68.4%
Inventory
314
−0.3%
  • Average Price: $645,551
  • Median Price: $540,000
  • Price Range: $134,900 – $3,995,000
  • Price per Sq Ft (Avg/Median): $334 / $320
  • Square Footage (Avg/Median): 1,924 / 1,840
  • Square Footage Range: 544 – 6,296
  • Days on Market (Avg/Median): 79 / 53
  • Days on Market Range: 2 – 340
  • New Listings: 24
  • Total Listings: 314

Sales by Property Type

Condo
Avg/Median Price$508,513 / $494,900Range$134,900 – $1,875,000Price per Sq Ft$335 / $323Sq Ft1,523 / 1,505DOM84 / 51New10Total149
Land
Avg/Median Price$538,092 / $500,000Range$234,375 – $1,499,999Price per Sq FtSq FtDOM89 / 76New0Total15
Multi-Family
Avg/Median Price$1,220,999 / $1,200,000Range$880,000 – $1,649,994Price per Sq Ft$259 / $262Sq Ft4,768 / 4,268DOM93 / 90New0Total5
Single Family
Avg/Median Price$820,906 / $659,900Range$299,000 – $3,995,000Price per Sq Ft$342 / $318Sq Ft2,329 / 2,250DOM64 / 41New7Total68
Townhouse
Avg/Median Price$739,438 / $610,000Range$395,000 – $2,149,000Price per Sq Ft$331 / $315Sq Ft2,158 / 1,976DOM80 / 62New7Total77

Sales by Bedroom Count

1 Beds
Avg:$340,564Median:$299,000Range:$134,900 – $999,999PSF:$356 / $372Sq Ft:1,007 / 914DOM:111 / 97New:2Total:33
2 Beds
Avg:$543,845Median:$505,000Range:$200,000 – $1,875,000PSF:$319 / $310Sq Ft:1,707 / 1,744DOM:73 / 47New:14Total:156
3 Beds
Avg:$843,825Median:$699,000Range:$395,000 – $2,750,000PSF:$355 / $336Sq Ft:2,310 / 2,104DOM:75 / 51New:7Total:94
4 Beds
Avg:$905,879Median:$849,994Range:$475,000 – $1,200,000PSF:$290 / $286Sq Ft:3,124 / 3,136DOM:69 / 34New:0Total:10
5 Beds
Avg:$3,995,000Median:$3,995,000Range:$3,995,000 – $3,995,000PSF:$751 / $751Sq Ft:5,321 / 5,321DOM:11 / 11New:1Total:1
6 Beds
Avg:$1,275,000Median:$1,275,000Range:$1,275,000 – $1,275,000PSF:$498 / $498Sq Ft:2,559 / 2,559DOM:178 / 178New:0Total:1
7 Beds
Avg:$880,000Median:$880,000Range:$880,000 – $880,000PSF:$270 / $270Sq Ft:3,264 / 3,264DOM:8 / 8New:0Total:1
8 Beds
Avg:$1,341,665Median:$1,280,000Range:$1,095,000 – $1,649,994PSF:$246 / $257Sq Ft:5,459 / 5,812DOM:144 / 140New:0Total:3

Rental Market Overview

Median Rent
$2,065
+1.0%
Median DOM
1
0.0%
New Listings
653
Inventory
1,815
−0.6%
  • Average Rent: $2,309
  • Median Rent: $2,065
  • Rent Range: $700 – $10,000
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,013 / 855
  • Square Footage Range: 369 – 8,805
  • Days on Market (Avg/Median): 32 / 1
  • Days on Market Range: 1 – 364
  • New Listings: 653
  • Total Listings: 1,815

Rentals by Property Type

Apartment
$1,981
Median DOM: 1
Inventory: 1,423
MoM: +1.0%
Condo
$2,122
Median DOM: 84
Inventory: 244
MoM: +1.0%
Single Family
$3,600
Median DOM: 52
Inventory: 32
MoM: +1.0%
Townhouse
$3,200
Median DOM: 34
Inventory: 107
MoM: +1.0%
Apartment
Avg/Median Rent$2,181 / $1,981Range$700 – $8,881Rent per Sq Ft$3 / $2Sq Ft885 / 786DOM10 / 1New609Total1,423
Condo
Avg/Median Rent$2,335 / $2,122Range$959 – $10,000Rent per Sq Ft$2 / $2Sq Ft1,261 / 1,202DOM161 / 84New20Total244
Multi-Family
Avg/Median Rent$2,388 / $2,285Range$1,325 – $3,895Rent per Sq Ft$2 / $2Sq Ft1,363 / 960DOM87 / 64New0Total9
Single Family
Avg/Median Rent$4,286 / $3,600Range$1,690 – $9,495Rent per Sq Ft$2 / $2Sq Ft2,039 / 2,104DOM55 / 52New5Total32
Townhouse
Avg/Median Rent$3,360 / $3,200Range$1,665 – $6,500Rent per Sq Ft$2 / $2Sq Ft1,808 / 1,880DOM54 / 34New19Total107

Rentals by Bedroom Count

Studio
Avg:$1,506Median:$1,455Range:$700 – $2,790PSF:$3 / $3Sq Ft:557 / 550DOM:15 / 1New:68Total:153
1 Beds
Avg:$1,920Median:$1,845Range:$750 – $8,105PSF:$3 / $2Sq Ft:776 / 748DOM:28 / 1New:362Total:953
2 Beds
Avg:$2,788Median:$2,700Range:$925 – $10,000PSF:$2 / $2Sq Ft:1,323 / 1,230DOM:40 / 1New:197Total:599
3 Beds
Avg:$3,958Median:$3,900Range:$1,400 – $8,881PSF:$2 / $2Sq Ft:2,009 / 1,919DOM:52 / 15New:25Total:101
4 Beds
Avg:$6,890Median:$6,750Range:$4,300 – $9,495PSF:$3 / $3Sq Ft:2,528 / 2,550DOM:101 / 85New:1Total:8
6 Beds
Avg:$6,000Median:$6,000Range:$6,000 – $6,000PSF:$2 / $2Sq Ft:2,559 / 2,559DOM:126 / 126New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$530,000Median DOM:84New:34Total:300
Jan 2026
Median Price:$525,000Median DOM:84New:52Total:280
Feb 2026
Median Price:$529,000Median DOM:69New:63Total:277
Mar 2026
Median Price:$529,000Median DOM:58New:59Total:297
Apr 2026
Median Price:$539,900Median DOM:52New:76Total:315
May 2026
Median Price:$540,000Median DOM:53New:24Total:314

6-Month Rental Trend

Dec 2025
Median Rent:$2,243Median DOM:1New:569Total:1,737
Jan 2026
Median Rent:$2,190Median DOM:1New:913Total:2,203
Feb 2026
Median Rent:$2,100Median DOM:1New:1,114Total:1,699
Mar 2026
Median Rent:$2,092Median DOM:1New:1,090Total:1,820
Apr 2026
Median Rent:$2,044Median DOM:1New:1,018Total:1,826
May 2026
Median Rent:$2,065Median DOM:1New:653Total:1,815

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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