ZIP 75231 Housing Market Report

Dallas Metro

Report period: May 2026

75231 Monthly Market Update – May 2026

ZIP 75231 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$190,000
−0.3%
Median DOM (Sales)
44
−10.2%
New Listings (Sales)
16
−73.3%
Median Rent
$1,270
+1.7%
Median DOM (Rental)
1
0.0%
Total Rental Listings
952
−0.2%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (18 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 6 Beds ($1,433,000 median)

Sales Market Overview

Median Price
$190,000
−0.3%
Median DOM
44
−10.2%
New Listings
16
−73.3%
Inventory
225
+0.9%
  • Average Price: $376,356
  • Median Price: $190,000
  • Price Range: $59,000 – $1,599,900
  • Price per Sq Ft (Avg/Median): $217 / $189
  • Square Footage (Avg/Median): 1,486 / 1,146
  • Square Footage Range: 500 – 5,586
  • Days on Market (Avg/Median): 76 / 44
  • Days on Market Range: 2 – 346
  • New Listings: 16
  • Total Listings: 225

Sales by Property Type

Condo
Avg/Median Price$141,988 / $129,900Range$59,000 – $384,500Price per Sq Ft$157 / $152Sq Ft911 / 855DOM100 / 78New6Total134
Multi-Family
Avg/Median Price$279,667 / $95,000Range$95,000 – $649,000Price per Sq Ft$194 / $185Sq Ft1,230 / 719DOM91 / 35New0Total3
Single Family
Avg/Median Price$798,278 / $775,000Range$185,000 – $1,599,900Price per Sq Ft$322 / $318Sq Ft2,503 / 2,416DOM38 / 18New10Total77
Townhouse
Avg/Median Price$304,308 / $325,000Range$109,000 – $430,000Price per Sq Ft$211 / $204Sq Ft1,440 / 1,496DOM61 / 27New0Total11

Sales by Bedroom Count

1 Beds
Avg:$108,594Median:$105,000Range:$59,000 – $204,500PSF:$159 / $156Sq Ft:692 / 647DOM:111 / 83New:4Total:57
2 Beds
Avg:$201,418Median:$175,000Range:$74,950 – $670,000PSF:$174 / $165Sq Ft:1,120 / 1,028DOM:85 / 61New:2Total:84
3 Beds
Avg:$552,898Median:$610,000Range:$105,000 – $975,000PSF:$277 / $293Sq Ft:1,917 / 1,861DOM:50 / 27New:1Total:44
4 Beds
Avg:$876,803Median:$850,000Range:$565,000 – $1,599,900PSF:$327 / $318Sq Ft:2,694 / 2,588DOM:40 / 18New:8Total:32
5 Beds
Avg:$1,107,571Median:$1,138,000Range:$865,000 – $1,375,000PSF:$320 / $300Sq Ft:3,601 / 3,380DOM:39 / 24New:1Total:7
6 Beds
Avg:$1,433,000Median:$1,433,000Range:$1,433,000 – $1,433,000PSF:$283 / $283Sq Ft:5,072 / 5,072DOM:15 / 15New:0Total:1

Rental Market Overview

Median Rent
$1,270
+1.7%
Median DOM
1
0.0%
New Listings
404
Inventory
952
−0.2%
  • Average Rent: $1,396
  • Median Rent: $1,270
  • Rent Range: $670 – $8,250
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 827 / 750
  • Square Footage Range: 368 – 4,121
  • Days on Market (Avg/Median): 13 / 1
  • Days on Market Range: 1 – 327
  • New Listings: 404
  • Total Listings: 952

Rentals by Property Type

Apartment
$1,243
Median DOM: 1
Inventory: 859
MoM: +1.7%
Condo
$1,300
Median DOM: 70
Inventory: 66
MoM: +1.7%
Single Family
$3,450
Median DOM: 15
Inventory: 17
MoM: +1.7%
Townhouse
$1,750
Median DOM: 76
Inventory: 8
MoM: +1.7%
Apartment
Avg/Median Rent$1,340 / $1,243Range$670 – $4,119Rent per Sq Ft$2 / $2Sq Ft795 / 746DOM7 / 1New388Total859
Condo
Avg/Median Rent$1,502 / $1,300Range$725 – $5,690Rent per Sq Ft$2 / $2Sq Ft898 / 850DOM85 / 70New11Total66
Multi-Family
Avg/Median Rent$2,298 / $1,995Range$1,995 – $2,600Rent per Sq Ft$2 / $2Sq Ft1,460 / 1,314DOM47 / 7New1Total2
Single Family
Avg/Median Rent$3,395 / $3,450Range$845 – $8,250Rent per Sq Ft$2 / $2Sq Ft1,881 / 2,083DOM34 / 15New4Total17
Townhouse
Avg/Median Rent$2,049 / $1,750Range$850 – $4,100Rent per Sq Ft$2 / $2Sq Ft1,302 / 1,070DOM80 / 76New0Total8

Rentals by Bedroom Count

Studio
Avg:$1,017Median:$905Range:$670 – $1,697PSF:$2 / $2Sq Ft:490 / 450DOM:6 / 1New:29Total:83
1 Beds
Avg:$1,205Median:$1,090Range:$694 – $4,009PSF:$2 / $2Sq Ft:688 / 670DOM:13 / 1New:211Total:520
2 Beds
Avg:$1,621Median:$1,420Range:$850 – $5,690PSF:$2 / $2Sq Ft:1,047 / 1,007DOM:12 / 1New:149Total:313
3 Beds
Avg:$2,691Median:$2,595Range:$1,490 – $4,119PSF:$2 / $2Sq Ft:1,543 / 1,380DOM:31 / 1New:15Total:32
4 Beds
Avg:$6,417Median:$7,500Range:$3,500 – $8,250PSF:$2 / $2Sq Ft:3,029 / 2,763DOM:70 / 71New:0Total:3
5 Beds
Avg:$5,700Median:$5,700Range:$5,700 – $5,700PSF:$2 / $2Sq Ft:2,964 / 2,964DOM:13 / 13New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$189,000Median DOM:91New:21Total:190
Jan 2026
Median Price:$184,999Median DOM:84New:40Total:182
Feb 2026
Median Price:$182,999Median DOM:77New:38Total:191
Mar 2026
Median Price:$194,000Median DOM:56New:48Total:199
Apr 2026
Median Price:$190,500Median DOM:49New:60Total:223
May 2026
Median Price:$190,000Median DOM:44New:16Total:225

6-Month Rental Trend

Dec 2025
Median Rent:$1,495Median DOM:1New:370Total:836
Jan 2026
Median Rent:$1,419Median DOM:1New:606Total:1,097
Feb 2026
Median Rent:$1,250Median DOM:1New:739Total:1,015
Mar 2026
Median Rent:$1,275Median DOM:1New:658Total:1,088
Apr 2026
Median Rent:$1,249Median DOM:1New:660Total:954
May 2026
Median Rent:$1,270Median DOM:1New:404Total:952

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving 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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