ZIP 75216 Housing Market Report
Dallas Metro
Report period: August 2026
75216 Monthly Market Update – August 2026
ZIP 75216 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$239,500
+4.1%
Median DOM (Sales)
54
+8.0%
New Listings (Sales)
14
−79.1%
Median Rent
$1,550
0.0%
Median DOM (Rental)
28
+21.7%
Total Rental Listings
133
−2.2%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Multi-Family (16 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($499,000 median)
Sales Market Overview
Median Price
$239,500
+4.1%
Median DOM
54
+8.0%
New Listings
14
−79.1%
Inventory
278
−5.8%
- Average Price: $250,747
- Median Price: $239,500
- Price Range: $10,001 – $1,250,000
- Price per Sq Ft (Avg/Median): $175 / $176
- Square Footage (Avg/Median): 1,574 / 1,473
- Square Footage Range: 720 – 3,952
- Days on Market (Avg/Median): 74 / 54
- Days on Market Range: 1 – 364
- New Listings: 14
- Total Listings: 278
Sales by Property Type
Apartment
Avg/Median Price$499,000 / $499,000Range$499,000 – $499,000Price per Sq Ft$191 / $191Sq Ft2,617 / 2,617DOM45 / 45New0Total1
Land
Avg/Median Price$138,578 / $90,000Range$10,001 – $1,250,000Price per Sq Ft—Sq Ft—DOM107 / 72New2Total51
Multi-Family
Avg/Median Price$467,488 / $275,000Range$225,000 – $720,000Price per Sq Ft$187 / $188Sq Ft2,105 / 1,672DOM56 / 16New1Total4
Single Family
Avg/Median Price$271,492 / $260,000Range$100,000 – $969,900Price per Sq Ft$175 / $175Sq Ft1,562 / 1,466DOM68 / 49New11Total222
Sales by Bedroom Count
1 Beds
Avg:$230,000Median:$230,000Range:$230,000 – $230,000PSF:$180 / $180Sq Ft:1,276 / 1,276DOM:5 / 5New:0Total:1
2 Beds
Avg:$158,103Median:$135,000Range:$100,000 – $260,000PSF:$161 / $144Sq Ft:1,005 / 980DOM:48 / 33New:2Total:30
3 Beds
Avg:$247,217Median:$244,500Range:$105,000 – $580,000PSF:$176 / $179Sq Ft:1,418 / 1,346DOM:76 / 56New:5Total:114
4 Beds
Avg:$330,352Median:$319,000Range:$140,000 – $689,000PSF:$178 / $179Sq Ft:1,856 / 1,753DOM:63 / 53New:3Total:69
5 Beds
Avg:$523,212Median:$459,900Range:$410,000 – $969,900PSF:$185 / $161Sq Ft:2,917 / 2,860DOM:84 / 43New:1Total:8
6 Beds
Avg:$500,848Median:$499,000Range:$315,289 – $720,000PSF:$161 / $126Sq Ft:2,809 / 2,617DOM:37 / 25New:1Total:5
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $230,000 | $230,000 | $230,000 – $230,000 | $180 / $180 | 1,276 / 1,276 | 5 / 5 | 0 | 1 |
| 2 Beds | $158,103 | $135,000 | $100,000 – $260,000 | $161 / $144 | 1,005 / 980 | 48 / 33 | 2 | 30 |
| 3 Beds | $247,217 | $244,500 | $105,000 – $580,000 | $176 / $179 | 1,418 / 1,346 | 76 / 56 | 5 | 114 |
| 4 Beds | $330,352 | $319,000 | $140,000 – $689,000 | $178 / $179 | 1,856 / 1,753 | 63 / 53 | 3 | 69 |
| 5 Beds | $523,212 | $459,900 | $410,000 – $969,900 | $185 / $161 | 2,917 / 2,860 | 84 / 43 | 1 | 8 |
| 6 Beds | $500,848 | $499,000 | $315,289 – $720,000 | $161 / $126 | 2,809 / 2,617 | 37 / 25 | 1 | 5 |
Rental Market Overview
Median Rent
$1,550
0.0%
Median DOM
28
+21.7%
New Listings
21
Inventory
133
−2.2%
- Average Rent: $1,602
- Median Rent: $1,550
- Rent Range: $750 – $3,450
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,139 / 1,048
- Square Footage Range: 403 – 2,300
- Days on Market (Avg/Median): 47 / 28
- Days on Market Range: 1 – 335
- New Listings: 21
- Total Listings: 133
Rentals by Property Type
Apartment
$1,150
Median DOM: 1
Inventory: 52
MoM: 0.0%
Condo
$1,300
Median DOM: 1
Inventory: 2
MoM: 0.0%
Single Family
$1,895
Median DOM: 31
Inventory: 71
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Apartment
Avg/Median Rent$1,127 / $1,150Range$802 – $1,500Rent per Sq Ft$1 / $1Sq Ft804 / 867DOM51 / 1New14Total52
Condo
Avg/Median Rent$1,500 / $1,300Range$1,300 – $1,700Rent per Sq Ft$2 / $2Sq Ft956 / 956DOM22 / 1New1Total2
Multi-Family
Avg/Median Rent$1,406 / $1,325Range$1,200 – $1,550Rent per Sq Ft$1 / $1Sq Ft1,056 / 1,000DOM46 / 46New0Total8
Single Family
Avg/Median Rent$1,976 / $1,895Range$750 – $3,450Rent per Sq Ft$1 / $1Sq Ft1,404 / 1,401DOM45 / 31New6Total71
Rentals by Bedroom Count
Studio
Avg:$906Median:$802Range:$802 – $1,115PSF:$2 / $2Sq Ft:452 / 403DOM:83 / 31New:0Total:3
1 Beds
Avg:$1,000Median:$999Range:$750 – $1,300PSF:$2 / $2Sq Ft:622 / 650DOM:123 / 103New:1Total:17
2 Beds
Avg:$1,261Median:$1,150Range:$1,000 – $1,850PSF:$1 / $1Sq Ft:899 / 867DOM:31 / 1New:12Total:42
3 Beds
Avg:$1,816Median:$1,700Range:$1,215 – $2,850PSF:$1 / $1Sq Ft:1,293 / 1,255DOM:38 / 31New:8Total:50
4 Beds
Avg:$2,334Median:$2,200Range:$1,795 – $3,450PSF:$1 / $1Sq Ft:1,705 / 1,727DOM:36 / 27New:0Total:19
5 Beds
Avg:$2,650Median:$2,599Range:$2,599 – $2,700PSF:$2 / $1Sq Ft:1,618 / 936DOM:—New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $906 | $802 | $802 – $1,115 | $2 / $2 | 452 / 403 | 83 / 31 | 0 | 3 |
| 1 Beds | $1,000 | $999 | $750 – $1,300 | $2 / $2 | 622 / 650 | 123 / 103 | 1 | 17 |
| 2 Beds | $1,261 | $1,150 | $1,000 – $1,850 | $1 / $1 | 899 / 867 | 31 / 1 | 12 | 42 |
| 3 Beds | $1,816 | $1,700 | $1,215 – $2,850 | $1 / $1 | 1,293 / 1,255 | 38 / 31 | 8 | 50 |
| 4 Beds | $2,334 | $2,200 | $1,795 – $3,450 | $1 / $1 | 1,705 / 1,727 | 36 / 27 | 0 | 19 |
| 5 Beds | $2,650 | $2,599 | $2,599 – $2,700 | $2 / $1 | 1,618 / 936 | — | 0 | 2 |
6-Month Sales Trend
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:55New:59Total:291
Jun 2026
Median Price:$230,000Median DOM:53New:64Total:298
Jul 2026
Median Price:$230,000Median DOM:50New:67Total:295
Aug 2026
Median Price:$239,500Median DOM:54New:14Total:278
6-Month Rental Trend
Mar 2026
Median Rent:$1,625Median DOM:34New:46Total:137
Apr 2026
Median Rent:$1,650Median DOM:24New:57Total:139
May 2026
Median Rent:$1,625Median DOM:23New:51Total:135
Jun 2026
Median Rent:$1,550Median DOM:22New:49Total:127
Jul 2026
Median Rent:$1,550Median DOM:23New:54Total:136
Aug 2026
Median Rent:$1,550Median DOM:28New:21Total:133
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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