ZIP 75216 Housing Market Report

Dallas Metro

Report period: May 2026

75216 Monthly Market Update – May 2026

ZIP 75216 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$234,900
−2.1%
Median DOM (Sales)
61
+10.9%
New Listings (Sales)
16
−73.8%
Median Rent
$1,650
0.0%
Median DOM (Rental)
27
+12.5%
Total Rental Listings
139
0.0%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened. Rents were stable.

What's Moving Fastest

  • Fastest selling: Multi-Family (27 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 6 Beds ($574,900 median)

Sales Market Overview

Median Price
$234,900
−2.1%
Median DOM
61
+10.9%
New Listings
16
−73.8%
Inventory
288
−2.4%
  • Average Price: $239,343
  • Median Price: $234,900
  • Price Range: $24,999 – $574,900
  • Price per Sq Ft (Avg/Median): $176 / $179
  • Square Footage (Avg/Median): 1,566 / 1,473
  • Square Footage Range: 528 – 3,600
  • Days on Market (Avg/Median): 76 / 61
  • Days on Market Range: 2 – 356
  • New Listings: 16
  • Total Listings: 288

Sales by Property Type

Land
Avg/Median Price$104,026 / $84,900Range$24,999 – $495,000Price per Sq FtSq FtDOM100 / 76New3Total57
Multi-Family
Avg/Median Price$334,967 / $250,000Range$180,000 – $574,900Price per Sq Ft$184 / $207Sq Ft1,764 / 1,312DOM69 / 27New0Total3
Single Family
Avg/Median Price$271,914 / $255,627Range$95,000 – $524,900Price per Sq Ft$176 / $178Sq Ft1,563 / 1,473DOM71 / 55New13Total228

Sales by Bedroom Count

Studio
Avg:$345,000Median:$345,000Range:$345,000 – $345,000PSF:$159 / $159Sq Ft:2,173 / 2,173DOM:30 / 30New:0Total:1
1 Beds
Avg:$180,000Median:$180,000Range:$180,000 – $180,000PSF:$137 / $137Sq Ft:1,312 / 1,312DOM:27 / 27New:0Total:1
2 Beds
Avg:$183,071Median:$180,000Range:$95,000 – $399,500PSF:$174 / $165Sq Ft:1,077 / 1,064DOM:60 / 25New:3Total:29
3 Beds
Avg:$242,886Median:$239,900Range:$99,000 – $485,000PSF:$176 / $178Sq Ft:1,396 / 1,325DOM:83 / 66New:3Total:119
4 Beds
Avg:$337,889Median:$339,900Range:$145,000 – $524,900PSF:$181 / $183Sq Ft:1,889 / 1,744DOM:52 / 38New:7Total:70
5 Beds
Avg:$403,670Median:$420,000Range:$149,000 – $519,000PSF:$155 / $165Sq Ft:2,589 / 2,501DOM:89 / 45New:0Total:10
6 Beds
Avg:$574,900Median:$574,900Range:$574,900 – $574,900PSF:$207 / $207Sq Ft:2,780 / 2,780DOM:160 / 160New:0Total:1

Rental Market Overview

Median Rent
$1,650
0.0%
Median DOM
27
+12.5%
New Listings
39
Inventory
139
0.0%
  • Average Rent: $1,664
  • Median Rent: $1,650
  • Rent Range: $750 – $4,000
  • Rent per Sq Ft (Avg/Median): $2 / $1
  • Square Footage (Avg/Median): 1,142 / 1,010
  • Square Footage Range: 403 – 3,324
  • Days on Market (Avg/Median): 55 / 27
  • Days on Market Range: 1 – 299
  • New Listings: 39
  • Total Listings: 139

Rentals by Property Type

Apartment
$1,150
Median DOM: 1
Inventory: 53
MoM: 0.0%
Condo
Median DOM:
Inventory:
MoM: 0.0%
Single Family
$1,895
Median DOM: 34
Inventory: 80
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$1,119 / $1,150Range$802 – $1,500Rent per Sq Ft$1 / $1Sq Ft792 / 867DOM68 / 1New24Total53
Multi-Family
Avg/Median Rent$1,850 / $1,750Range$1,200 – $2,900Rent per Sq Ft$2 / $2Sq Ft1,086 / 1,000DOM36 / 27New0Total6
Single Family
Avg/Median Rent$2,010 / $1,895Range$750 – $4,000Rent per Sq Ft$2 / $1Sq Ft1,387 / 1,272DOM48 / 34New15Total80

Rentals by Bedroom Count

Studio
Avg:$961Median:$802Range:$802 – $1,280PSF:$2 / $2Sq Ft:461 / 403DOM:132 / 74New:0Total:3
1 Beds
Avg:$1,014Median:$999Range:$750 – $1,330PSF:$2 / $2Sq Ft:700 / 650DOM:123 / 135New:5Total:20
2 Beds
Avg:$1,362Median:$1,150Range:$1,000 – $2,999PSF:$2 / $1Sq Ft:887 / 867DOM:37 / 1New:18Total:42
3 Beds
Avg:$1,884Median:$1,795Range:$1,215 – $4,000PSF:$2 / $2Sq Ft:1,260 / 1,200DOM:43 / 23New:15Total:55
4 Beds
Avg:$2,449Median:$2,250Range:$1,650 – $3,700PSF:$1 / $1Sq Ft:1,887 / 1,750DOM:48 / 41New:1Total:14
5 Beds
Avg:$2,625Median:$2,599Range:$2,400 – $2,900PSF:$2 / $1Sq Ft:1,800 / 1,794DOM:43 / 35New:0Total:4
6 Beds
Avg:$2,500Median:$2,500Range:$2,500 – $2,500PSF:$1 / $1Sq Ft:2,364 / 2,364DOM:144 / 144New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$235,000Median DOM:72New:36Total:302
Jan 2026
Median Price:$235,000Median DOM:75New:55Total:282
Feb 2026
Median Price:$239,500Median DOM:50New:72Total:285
Mar 2026
Median Price:$240,000Median DOM:53New:62Total:291
Apr 2026
Median Price:$239,990Median DOM:55New:61Total:295
May 2026
Median Price:$234,900Median DOM:61New:16Total:288

6-Month Rental Trend

Dec 2025
Median Rent:$1,450Median DOM:48New:34Total:143
Jan 2026
Median Rent:$1,395Median DOM:32New:54Total:164
Feb 2026
Median Rent:$1,650Median DOM:28New:50Total:148
Mar 2026
Median Rent:$1,625Median DOM:34New:46Total:137
Apr 2026
Median Rent:$1,650Median DOM:24New:57Total:139
May 2026
Median Rent:$1,650Median DOM:27New:39Total:139

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, while total rental inventory was flat.

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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