ZIP 75231 Housing Market Report

Dallas Metro

Report period: March 2026

75231 Monthly Market Update – March 2026

ZIP 75231 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$190,000
+3.8%
Median DOM (Sales)
66
−14.3%
New Listings (Sales)
17
−55.3%
Median Rent
$1,270
+1.6%
Median DOM (Rental)
1
0.0%
Total Rental Listings
1,000
−1.5%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Multi-Family (20 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 6 Beds ($1,450,000 median)

Sales Market Overview

Median Price
$190,000
+3.8%
Median DOM
66
−14.3%
New Listings
17
−55.3%
Inventory
196
+2.6%
  • Average Price: $346,233
  • Median Price: $190,000
  • Price Range: $54,900 – $1,450,000
  • Price per Sq Ft (Avg/Median): $212 / $193
  • Square Footage (Avg/Median): 1,410 / 1,062
  • Square Footage Range: 500 – 5,586
  • Days on Market (Avg/Median): 92 / 66
  • Days on Market Range: 2 – 335
  • New Listings: 17
  • Total Listings: 196

Sales by Property Type

Condo
Avg/Median Price$143,254 / $125,000Range$54,900 – $390,000Price per Sq Ft$164 / $163Sq Ft870 / 816DOM107 / 84New8Total123
Multi-Family
Avg/Median Price$279,667 / $95,000Range$95,000 – $649,000Price per Sq Ft$194 / $185Sq Ft1,230 / 719DOM67 / 20New0Total3
Single Family
Avg/Median Price$762,198 / $699,000Range$190,000 – $1,450,000Price per Sq Ft$308 / $304Sq Ft2,493 / 2,285DOM60 / 41New9Total61
Townhouse
Avg/Median Price$323,154 / $345,000Range$191,000 – $449,000Price per Sq Ft$219 / $204Sq Ft1,509 / 1,440DOM107 / 127New0Total9

Sales by Bedroom Count

1 Beds
Avg:$105,110Median:$95,000Range:$54,900 – $204,500PSF:$158 / $153Sq Ft:672 / 622DOM:123 / 98New:3Total:56
2 Beds
Avg:$187,205Median:$179,000Range:$74,950 – $449,000PSF:$175 / $169Sq Ft:1,070 / 1,023DOM:88 / 78New:4Total:72
3 Beds
Avg:$597,727Median:$639,000Range:$115,000 – $880,000PSF:$284 / $293Sq Ft:2,048 / 2,111DOM:80 / 55New:3Total:44
4 Beds
Avg:$868,086Median:$855,000Range:$585,000 – $1,295,000PSF:$319 / $308Sq Ft:2,743 / 2,701DOM:53 / 16New:6Total:21
5 Beds
Avg:$1,258,500Median:$1,067,000Range:$1,067,000 – $1,450,000PSF:$288 / $260Sq Ft:4,483 / 3,380DOM:33 / 2New:1Total:2
6 Beds
Avg:$1,450,000Median:$1,450,000Range:$1,450,000 – $1,450,000PSF:$286 / $286Sq Ft:5,072 / 5,072DOM:68 / 68New:0Total:1

Rental Market Overview

Median Rent
$1,270
+1.6%
Median DOM
1
0.0%
New Listings
465
Inventory
1,000
−1.5%
  • Average Rent: $1,423
  • Median Rent: $1,270
  • Rent Range: $694 – $8,250
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 845 / 752
  • Square Footage Range: 368 – 4,121
  • Days on Market (Avg/Median): 15 / 1
  • Days on Market Range: 1 – 359
  • New Listings: 465
  • Total Listings: 1,000

Rentals by Property Type

Apartment
$1,249
Median DOM: 1
Inventory: 895
MoM: +1.6%
Condo
$1,350
Median DOM: 59
Inventory: 69
MoM: +1.6%
Single Family
$3,400
Median DOM: 20
Inventory: 24
MoM: +1.6%
Townhouse
$1,800
Median DOM: 57
Inventory: 9
MoM: +1.6%
Apartment
Avg/Median Rent$1,357 / $1,249Range$694 – $4,148Rent per Sq Ft$2 / $2Sq Ft804 / 746DOM9 / 1New453Total895
Condo
Avg/Median Rent$1,507 / $1,350Range$725 – $5,690Rent per Sq Ft$2 / $2Sq Ft929 / 867DOM81 / 59New5Total69
Multi-Family
Avg/Median Rent$2,263 / $2,395Range$1,995 – $2,400Rent per Sq Ft$2 / $2Sq Ft1,423 / 1,348DOM38 / 53New0Total3
Single Family
Avg/Median Rent$3,206 / $3,400Range$700 – $8,250Rent per Sq Ft$2 / $2Sq Ft1,785 / 1,743DOM41 / 20New5Total24
Townhouse
Avg/Median Rent$2,328 / $1,800Range$850 – $4,100Rent per Sq Ft$2 / $2Sq Ft1,529 / 1,427DOM51 / 57New2Total9

Rentals by Bedroom Count

Studio
Avg:$1,109Median:$1,019Range:$695 – $1,967PSF:$2 / $2Sq Ft:524 / 500DOM:15 / 1New:42Total:81
1 Beds
Avg:$1,202Median:$1,078Range:$694 – $3,770PSF:$2 / $2Sq Ft:691 / 673DOM:14 / 1New:250Total:540
2 Beds
Avg:$1,646Median:$1,417Range:$850 – $5,690PSF:$2 / $1Sq Ft:1,060 / 1,012DOM:13 / 1New:163Total:338
3 Beds
Avg:$2,883Median:$2,850Range:$1,200 – $4,500PSF:$2 / $2Sq Ft:1,621 / 1,523DOM:43 / 20New:10Total:37
4 Beds
Avg:$5,362Median:$3,500Range:$2,199 – $8,250PSF:$2 / $2Sq Ft:2,742 / 2,203DOM:41 / 20New:0Total:4

6-Month Sales Trend

Oct 2025
Median Price:$188,000Median DOM:78New:37Total:215
Nov 2025
Median Price:$188,000Median DOM:86New:28Total:210
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:$190,000Median DOM:66New:17Total:196

6-Month Rental Trend

Oct 2025
Median Rent:$1,744Median DOM:58New:43Total:464
Nov 2025
Median Rent:$1,750Median DOM:42New:60Total:490
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:$1,270Median DOM:1New:465Total:1,000

Key Market Takeaways

Median sale prices moved higher 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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