ZIP 75223 Housing Market Report

Dallas Metro

Report period: May 2026

75223 Monthly Market Update – May 2026

ZIP 75223 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$520,000
0.0%
Median DOM (Sales)
47
−14.5%
New Listings (Sales)
10
−58.3%
Median Rent
$1,152
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
131
+2.3%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Townhouse (8 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 6 Beds ($1,098,000 median)

Sales Market Overview

Median Price
$520,000
0.0%
Median DOM
47
−14.5%
New Listings
10
−58.3%
Inventory
119
+1.7%
  • Average Price: $543,197
  • Median Price: $520,000
  • Price Range: $59,900 – $1,697,000
  • Price per Sq Ft (Avg/Median): $297 / $268
  • Square Footage (Avg/Median): 1,965 / 1,662
  • Square Footage Range: 716 – 4,684
  • Days on Market (Avg/Median): 66 / 47
  • Days on Market Range: 2 – 266
  • New Listings: 10
  • Total Listings: 119

Sales by Property Type

Condo
Avg/Median Price$214,900 / $214,900Range$214,900 – $214,900Price per Sq Ft$300 / $300Sq Ft716 / 716DOM168 / 168New0Total1
Land
Avg/Median Price$190,891 / $150,000Range$59,900 – $499,900Price per Sq FtSq FtDOM133 / 113New0Total11
Multi-Family
Avg/Median Price$627,544 / $375,000Range$275,000 – $1,298,000Price per Sq Ft$225 / $212Sq Ft2,606 / 2,060DOM50 / 49New1Total9
Single Family
Avg/Median Price$577,903 / $550,000Range$110,000 – $1,697,000Price per Sq Ft$305 / $269Sq Ft1,907 / 1,593DOM60 / 37New9Total94
Townhouse
Avg/Median Price$588,750 / $590,000Range$585,000 – $590,000Price per Sq Ft$268 / $268Sq Ft2,200 / 2,200DOM40 / 8New0Total4

Sales by Bedroom Count

2 Beds
Avg:$431,904Median:$425,000Range:$134,999 – $725,000PSF:$345 / $364Sq Ft:1,228 / 1,182DOM:58 / 25New:1Total:22
3 Beds
Avg:$537,370Median:$539,000Range:$110,000 – $1,298,000PSF:$310 / $272Sq Ft:1,711 / 1,611DOM:57 / 47New:4Total:48
4 Beds
Avg:$648,765Median:$590,000Range:$160,000 – $1,697,000PSF:$254 / $232Sq Ft:2,372 / 2,210DOM:74 / 49New:2Total:29
5 Beds
Avg:$896,300Median:$875,000Range:$847,900 – $969,999PSF:$240 / $218Sq Ft:3,784 / 3,680DOM:39 / 25New:2Total:6
6 Beds
Avg:$1,017,667Median:$1,098,000Range:$760,000 – $1,195,000PSF:$261 / $272Sq Ft:3,865 / 4,030DOM:19 / 11New:1Total:3

Rental Market Overview

Median Rent
$1,152
0.0%
Median DOM
1
0.0%
New Listings
42
Inventory
131
+2.3%
  • Average Rent: $1,393
  • Median Rent: $1,152
  • Rent Range: $650 – $3,999
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 918 / 793
  • Square Footage Range: 450 – 2,791
  • Days on Market (Avg/Median): 18 / 1
  • Days on Market Range: 1 – 128
  • New Listings: 42
  • Total Listings: 131

Rentals by Property Type

Apartment
$1,075
Median DOM: 1
Inventory: 80
MoM: 0.0%
Condo
Median DOM:
Inventory:
MoM: 0.0%
Single Family
$1,790
Median DOM: 39
Inventory: 43
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$1,200 / $1,075Range$829 – $2,097Rent per Sq Ft$2 / $2Sq Ft754 / 623DOM2 / 1New38Total80
Multi-Family
Avg/Median Rent$1,852 / $1,800Range$850 – $3,650Rent per Sq Ft$2 / $2Sq Ft1,259 / 875DOM40 / 22New1Total8
Single Family
Avg/Median Rent$1,668 / $1,790Range$650 – $3,999Rent per Sq Ft$2 / $2Sq Ft1,316 / 1,259DOM45 / 39New3Total43

Rentals by Bedroom Count

Studio
Avg:$1,068Median:$1,075Range:$989 – $1,139PSF:$2 / $2Sq Ft:510 / 540DOM:1 / 1New:1Total:3
1 Beds
Avg:$950Median:$899Range:$650 – $1,995PSF:$2 / $2Sq Ft:621 / 623DOM:13 / 1New:23Total:69
2 Beds
Avg:$1,597Median:$1,472Range:$1,125 – $2,950PSF:$2 / $2Sq Ft:979 / 926DOM:10 / 1New:14Total:31
3 Beds
Avg:$2,341Median:$2,150Range:$1,500 – $3,999PSF:$2 / $2Sq Ft:1,395 / 1,224DOM:36 / 21New:4Total:20
4 Beds
Avg:$2,243Median:$2,200Range:$1,800 – $2,800PSF:$2 / $1Sq Ft:1,619 / 1,497DOM:61 / 29New:0Total:7
5 Beds
Avg:$1,790Median:$1,790Range:$1,790 – $1,790PSF:$1 / $1Sq Ft:1,232 / 1,232DOM:78 / 78New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$439,000Median DOM:74New:8Total:86
Jan 2026
Median Price:$410,000Median DOM:60New:25Total:84
Feb 2026
Median Price:$460,000Median DOM:55New:17Total:85
Mar 2026
Median Price:$489,900Median DOM:54New:32Total:107
Apr 2026
Median Price:$520,000Median DOM:55New:24Total:117
May 2026
Median Price:$520,000Median DOM:47New:10Total:119

6-Month Rental Trend

Dec 2025
Median Rent:$1,485Median DOM:15New:44Total:82
Jan 2026
Median Rent:$1,300Median DOM:1New:72Total:106
Feb 2026
Median Rent:$1,205Median DOM:1New:87Total:123
Mar 2026
Median Rent:$1,205Median DOM:1New:82Total:141
Apr 2026
Median Rent:$1,152Median DOM:1New:63Total:128
May 2026
Median Rent:$1,152Median DOM:1New:42Total:131

Key Market Takeaways

Median sale prices held steady 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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