ZIP 75216 Housing Market Report

Dallas Metro

Report period: March 2026

75216 Monthly Market Update – March 2026

ZIP 75216 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$239,990
+0.2%
Median DOM (Sales)
49
−2.0%
New Listings (Sales)
26
−63.9%
Median Rent
$1,650
0.0%
Median DOM (Rental)
28
0.0%
Total Rental Listings
156
+5.4%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (46 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 5 Beds ($399,999 median)

Sales Market Overview

Median Price
$239,990
+0.2%
Median DOM
49
−2.0%
New Listings
26
−63.9%
Inventory
291
+2.1%
  • Average Price: $242,581
  • Median Price: $239,990
  • Price Range: $25,000 – $619,800
  • Price per Sq Ft (Avg/Median): $179 / $180
  • Square Footage (Avg/Median): 1,558 / 1,474
  • Square Footage Range: 528 – 3,600
  • Days on Market (Avg/Median): 75 / 49
  • Days on Market Range: 1 – 344
  • New Listings: 26
  • Total Listings: 291

Sales by Property Type

Land
Avg/Median Price$102,423 / $84,900Range$25,000 – $495,000Price per Sq FtSq FtDOM100 / 62New5Total56
Multi-Family
Avg/Median Price$330,300 / $235,999Range$180,000 – $574,900Price per Sq Ft$180 / $197Sq Ft1,764 / 1,312DOM62 / 85New1Total3
Single Family
Avg/Median Price$275,278 / $265,000Range$99,000 – $619,800Price per Sq Ft$179 / $179Sq Ft1,555 / 1,474DOM70 / 46New20Total232

Sales by Bedroom Count

Studio
Avg:$225,000Median:$105,000Range:$105,000 – $345,000PSF:$129 / $100Sq Ft:1,610 / 1,048DOM:87 / 17New:0Total:2
1 Beds
Avg:$180,000Median:$180,000Range:$180,000 – $180,000PSF:$137 / $137Sq Ft:1,312 / 1,312DOM:1 / 1New:1Total:1
2 Beds
Avg:$184,259Median:$180,000Range:$99,000 – $349,900PSF:$189 / $175Sq Ft:1,013 / 960DOM:64 / 39New:3Total:28
3 Beds
Avg:$252,715Median:$245,000Range:$119,900 – $499,000PSF:$179 / $179Sq Ft:1,420 / 1,351DOM:77 / 54New:12Total:124
4 Beds
Avg:$338,238Median:$330,900Range:$160,000 – $619,800PSF:$179 / $183Sq Ft:1,906 / 1,750DOM:56 / 40New:5Total:70
5 Beds
Avg:$397,862Median:$399,999Range:$235,000 – $525,000PSF:$165 / $167Sq Ft:2,401 / 2,362DOM:100 / 88New:0Total:8
6 Beds
Avg:$434,950Median:$295,000Range:$295,000 – $574,900PSF:$191 / $175Sq Ft:2,234 / 1,688DOM:68 / 37New:0Total:2

Rental Market Overview

Median Rent
$1,650
0.0%
Median DOM
28
0.0%
New Listings
36
Inventory
156
+5.4%
  • Average Rent: $1,703
  • Median Rent: $1,650
  • Rent Range: $694 – $4,000
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,209 / 1,084
  • Square Footage Range: 403 – 3,324
  • Days on Market (Avg/Median): 57 / 28
  • Days on Market Range: 1 – 339
  • New Listings: 36
  • Total Listings: 156

Rentals by Property Type

Apartment
$1,150
Median DOM: 1
Inventory: 54
MoM: 0.0%
Condo
$891
Median DOM: 89
Inventory: 1
MoM: 0.0%
Single Family
$1,900
Median DOM: 41
Inventory: 95
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$1,123 / $1,150Range$694 – $2,050Rent per Sq Ft$1 / $1Sq Ft833 / 867DOM48 / 1New27Total54
Condo
Avg/Median Rent$891 / $891Range$891 – $891Rent per Sq Ft$1 / $1Sq Ft598 / 598DOM89 / 89New0Total1
Multi-Family
Avg/Median Rent$1,663 / $1,200Range$1,190 – $2,450Rent per Sq Ft$2 / $2Sq Ft1,079 / 656DOM11 / 8New3Total6
Single Family
Avg/Median Rent$2,044 / $1,900Range$799 – $4,000Rent per Sq Ft$2 / $1Sq Ft1,442 / 1,351DOM65 / 41New6Total95

Rentals by Bedroom Count

Studio
Avg:$1,041Median:$802Range:$802 – $1,280PSF:$2 / $2Sq Ft:490 / 403DOM:88 / 13New:0Total:2
1 Beds
Avg:$998Median:$999Range:$694 – $1,330PSF:$1 / $2Sq Ft:738 / 650DOM:92 / 24New:7Total:24
2 Beds
Avg:$1,338Median:$1,150Range:$1,025 – $2,999PSF:$1 / $1Sq Ft:917 / 867DOM:30 / 1New:20Total:43
3 Beds
Avg:$1,895Median:$1,800Range:$1,100 – $4,000PSF:$2 / $1Sq Ft:1,292 / 1,227DOM:51 / 35New:9Total:56
4 Beds
Avg:$2,410Median:$2,275Range:$1,650 – $3,700PSF:$1 / $1Sq Ft:1,829 / 1,752DOM:75 / 56New:0Total:28
5 Beds
Avg:$3,025Median:$2,800Range:$2,800 – $3,250PSF:$1 / $1Sq Ft:2,331 / 2,300DOM:128 / 128New:0Total:2
6 Beds
Avg:$2,500Median:$2,500Range:$2,500 – $2,500PSF:$1 / $1Sq Ft:2,364 / 2,364DOM:110 / 110New:0Total:1

6-Month Sales Trend

Oct 2025
Median Price:$235,000Median DOM:61New:63Total:319
Nov 2025
Median Price:$235,000Median DOM:63New:50Total:315
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:$239,990Median DOM:49New:26Total:291

6-Month Rental Trend

Oct 2025
Median Rent:$1,600Median DOM:45New:23Total:129
Nov 2025
Median Rent:$1,600Median DOM:40New:28Total:135
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:$1,650Median DOM:28New:36Total:156

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, 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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