ZIP 75231 Housing Market Report
Dallas Metro
Report period: August 2026
75231 Monthly Market Update – August 2026
ZIP 75231 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$179,000
−0.5%
Median DOM (Sales)
71
+7.6%
New Listings (Sales)
7
−78.1%
Median Rent
$1,250
+3.3%
Median DOM (Rental)
1
0.0%
Total Rental Listings
746
−12.4%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Multi-Family (39 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($1,175,000 median)
Sales Market Overview
Median Price
$179,000
−0.5%
Median DOM
71
+7.6%
New Listings
7
−78.1%
Inventory
230
−4.6%
- Average Price: $357,951
- Median Price: $179,000
- Price Range: $54,000 – $1,599,000
- Price per Sq Ft (Avg/Median): $208 / $181
- Square Footage (Avg/Median): 1,454 / 1,127
- Square Footage Range: 500 – 5,586
- Days on Market (Avg/Median): 89 / 71
- Days on Market Range: 2 – 349
- New Listings: 7
- Total Listings: 230
Sales by Property Type
Apartment
Avg/Median Price$160,000 / $160,000Range$160,000 – $160,000Price per Sq Ft$185 / $185Sq Ft863 / 863DOM47 / 47New0Total1
Condo
Avg/Median Price$142,818 / $130,000Range$54,000 – $399,900Price per Sq Ft$155 / $152Sq Ft929 / 861DOM104 / 82New3Total146
Multi-Family
Avg/Median Price$566,000 / $685,000Range$105,000 – $755,000Price per Sq Ft$243 / $258Sq Ft2,205 / 2,656DOM39 / 39New0Total5
Single Family
Avg/Median Price$784,450 / $749,000Range$113,000 – $1,599,000Price per Sq Ft$315 / $319Sq Ft2,473 / 2,416DOM64 / 55New3Total73
Townhouse
Avg/Median Price$244,478 / $235,000Range$184,000 – $309,900Price per Sq Ft$189 / $197Sq Ft1,287 / 1,427DOM102 / 54New1Total5
Sales by Bedroom Count
1 Beds
Avg:$109,863Median:$110,000Range:$54,000 – $198,500PSF:$162 / $164Sq Ft:678 / 620DOM:103 / 75New:2Total:61
2 Beds
Avg:$188,856Median:$161,000Range:$56,500 – $670,000PSF:$162 / $153Sq Ft:1,126 / 1,070DOM:106 / 93New:3Total:88
3 Beds
Avg:$531,178Median:$599,900Range:$110,000 – $879,900PSF:$267 / $310Sq Ft:1,898 / 1,866DOM:64 / 50New:2Total:43
4 Beds
Avg:$928,215Median:$899,000Range:$575,000 – $1,599,000PSF:$330 / $323Sq Ft:2,797 / 2,673DOM:54 / 44New:0Total:33
5 Beds
Avg:$1,107,200Median:$1,175,000Range:$755,000 – $1,369,000PSF:$278 / $281Sq Ft:4,025 / 3,914DOM:57 / 50New:0Total:5
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $109,863 | $110,000 | $54,000 – $198,500 | $162 / $164 | 678 / 620 | 103 / 75 | 2 | 61 |
| 2 Beds | $188,856 | $161,000 | $56,500 – $670,000 | $162 / $153 | 1,126 / 1,070 | 106 / 93 | 3 | 88 |
| 3 Beds | $531,178 | $599,900 | $110,000 – $879,900 | $267 / $310 | 1,898 / 1,866 | 64 / 50 | 2 | 43 |
| 4 Beds | $928,215 | $899,000 | $575,000 – $1,599,000 | $330 / $323 | 2,797 / 2,673 | 54 / 44 | 0 | 33 |
| 5 Beds | $1,107,200 | $1,175,000 | $755,000 – $1,369,000 | $278 / $281 | 4,025 / 3,914 | 57 / 50 | 0 | 5 |
Rental Market Overview
Median Rent
$1,250
+3.3%
Median DOM
1
0.0%
New Listings
241
Inventory
746
−12.4%
- Average Rent: $1,415
- Median Rent: $1,250
- Rent Range: $699 – $6,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 832 / 746
- Square Footage Range: 368 – 3,481
- Days on Market (Avg/Median): 14 / 1
- Days on Market Range: 1 – 335
- New Listings: 241
- Total Listings: 746
Rentals by Property Type
Apartment
$1,218
Median DOM: 1
Inventory: 639
MoM: +3.3%
Condo
$1,300
Median DOM: 42
Inventory: 66
MoM: +3.3%
Single Family
$3,850
Median DOM: 16
Inventory: 27
MoM: +3.3%
Townhouse
$1,700
Median DOM: 18
Inventory: 6
MoM: +3.3%
Apartment
Avg/Median Rent$1,315 / $1,218Range$699 – $3,823Rent per Sq Ft$2 / $2Sq Ft778 / 734DOM8 / 1New228Total639
Condo
Avg/Median Rent$1,357 / $1,300Range$750 – $2,500Rent per Sq Ft$2 / $2Sq Ft843 / 817DOM63 / 42New6Total66
Multi-Family
Avg/Median Rent$2,593 / $2,500Range$1,795 – $3,250Rent per Sq Ft$2 / $2Sq Ft1,357 / 1,348DOM24 / 18New2Total8
Single Family
Avg/Median Rent$3,455 / $3,850Range$899 – $6,500Rent per Sq Ft$2 / $2Sq Ft1,822 / 1,732DOM30 / 16New5Total27
Townhouse
Avg/Median Rent$2,042 / $1,700Range$1,100 – $3,850Rent per Sq Ft$2 / $2Sq Ft1,259 / 876DOM33 / 18New0Total6
Rentals by Bedroom Count
Studio
Avg:$1,050Median:$897Range:$699 – $1,951PSF:$2 / $2Sq Ft:489 / 450DOM:9 / 1New:19Total:72
1 Beds
Avg:$1,171Median:$1,060Range:$730 – $3,367PSF:$2 / $2Sq Ft:676 / 670DOM:13 / 1New:138Total:400
2 Beds
Avg:$1,624Median:$1,450Range:$899 – $3,823PSF:$2 / $1Sq Ft:1,044 / 1,007DOM:15 / 1New:78Total:234
3 Beds
Avg:$3,111Median:$3,189Range:$1,490 – $5,900PSF:$2 / $2Sq Ft:1,678 / 1,640DOM:17 / 1New:5Total:35
4 Beds
Avg:$4,579Median:$4,000Range:$3,500 – $6,500PSF:$2 / $2Sq Ft:2,334 / 2,220DOM:62 / 21New:1Total:5
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,050 | $897 | $699 – $1,951 | $2 / $2 | 489 / 450 | 9 / 1 | 19 | 72 |
| 1 Beds | $1,171 | $1,060 | $730 – $3,367 | $2 / $2 | 676 / 670 | 13 / 1 | 138 | 400 |
| 2 Beds | $1,624 | $1,450 | $899 – $3,823 | $2 / $1 | 1,044 / 1,007 | 15 / 1 | 78 | 234 |
| 3 Beds | $3,111 | $3,189 | $1,490 – $5,900 | $2 / $2 | 1,678 / 1,640 | 17 / 1 | 5 | 35 |
| 4 Beds | $4,579 | $4,000 | $3,500 – $6,500 | $2 / $2 | 2,334 / 2,220 | 62 / 21 | 1 | 5 |
6-Month Sales Trend
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:48New:46Total:223
Jun 2026
Median Price:$185,000Median DOM:55New:61Total:245
Jul 2026
Median Price:$179,900Median DOM:66New:32Total:241
Aug 2026
Median Price:$179,000Median DOM:71New:7Total:230
6-Month Rental Trend
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:$1,250Median DOM:1New:707Total:1,023
Jun 2026
Median Rent:$1,225Median DOM:1New:593Total:938
Jul 2026
Median Rent:$1,210Median DOM:1New:404Total:852
Aug 2026
Median Rent:$1,250Median DOM:1New:241Total:746
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower 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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