ZIP 75240 Housing Market Report
Dallas Metro
Report period: May 2026
75240 Monthly Market Update – May 2026
ZIP 75240 · Last updated May 14, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$525,000
0.0%
Median DOM (Sales)
47
−13.0%
New Listings (Sales)
16
−44.8%
Median Rent
$1,495
−5.7%
Median DOM (Rental)
1
0.0%
Total Rental Listings
208
+4.0%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Land (25 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 7 Beds ($1,220,000 median)
Sales Market Overview
Median Price
$525,000
0.0%
Median DOM
47
−13.0%
New Listings
16
−44.8%
Inventory
106
+1.9%
- Average Price: $779,640
- Median Price: $525,000
- Price Range: $115,000 – $4,699,900
- Price per Sq Ft (Avg/Median): $297 / $264
- Square Footage (Avg/Median): 2,320 / 2,151
- Square Footage Range: 667 – 7,894
- Days on Market (Avg/Median): 67 / 47
- Days on Market Range: 2 – 299
- New Listings: 16
- Total Listings: 106
Sales by Property Type
Condo
Avg/Median Price$217,347 / $175,000Range$115,000 – $449,900Price per Sq Ft$192 / $182Sq Ft1,102 / 1,035DOM83 / 34New4Total19
Land
Avg/Median Price$608,667 / $325,000Range$322,000 – $1,179,000Price per Sq Ft—Sq Ft—DOM31 / 25New0Total3
Multi-Family
Avg/Median Price$515,000 / $475,000Range$475,000 – $555,000Price per Sq Ft$176 / $176Sq Ft2,931 / 2,700DOM74 / 64New0Total2
Single Family
Avg/Median Price$942,639 / $625,000Range$139,900 – $4,699,900Price per Sq Ft$290 / $268Sq Ft2,994 / 2,637DOM54 / 35New5Total42
Townhouse
Avg/Median Price$901,636 / $549,000Range$160,000 – $1,810,000Price per Sq Ft$360 / $315Sq Ft2,160 / 1,897DOM76 / 106New7Total40
Sales by Bedroom Count
1 Beds
Avg:$137,150Median:$125,000Range:$115,000 – $165,000PSF:$183 / $182Sq Ft:746 / 703DOM:58 / 28New:1Total:6
2 Beds
Avg:$303,270Median:$229,900Range:$140,000 – $533,500PSF:$231 / $213Sq Ft:1,254 / 1,200DOM:40 / 17New:7Total:20
3 Beds
Avg:$843,852Median:$549,000Range:$164,000 – $1,810,000PSF:$328 / $273Sq Ft:2,275 / 2,155DOM:87 / 92New:6Total:50
4 Beds
Avg:$1,146,253Median:$895,000Range:$367,899 – $4,699,900PSF:$345 / $299Sq Ft:3,048 / 2,942DOM:49 / 35New:2Total:17
5 Beds
Avg:$1,348,108Median:$800,000Range:$475,000 – $2,699,000PSF:$280 / $268Sq Ft:4,427 / 2,982DOM:48 / 44New:0Total:6
6 Beds
Avg:$980,000Median:$555,000Range:$535,000 – $1,850,000PSF:$210 / $176Sq Ft:4,273 / 3,162DOM:136 / 64New:0Total:3
7 Beds
Avg:$1,220,000Median:$1,220,000Range:$1,220,000 – $1,220,000PSF:$276 / $276Sq Ft:4,425 / 4,425DOM:15 / 15New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $137,150 | $125,000 | $115,000 – $165,000 | $183 / $182 | 746 / 703 | 58 / 28 | 1 | 6 |
| 2 Beds | $303,270 | $229,900 | $140,000 – $533,500 | $231 / $213 | 1,254 / 1,200 | 40 / 17 | 7 | 20 |
| 3 Beds | $843,852 | $549,000 | $164,000 – $1,810,000 | $328 / $273 | 2,275 / 2,155 | 87 / 92 | 6 | 50 |
| 4 Beds | $1,146,253 | $895,000 | $367,899 – $4,699,900 | $345 / $299 | 3,048 / 2,942 | 49 / 35 | 2 | 17 |
| 5 Beds | $1,348,108 | $800,000 | $475,000 – $2,699,000 | $280 / $268 | 4,427 / 2,982 | 48 / 44 | 0 | 6 |
| 6 Beds | $980,000 | $555,000 | $535,000 – $1,850,000 | $210 / $176 | 4,273 / 3,162 | 136 / 64 | 0 | 3 |
| 7 Beds | $1,220,000 | $1,220,000 | $1,220,000 – $1,220,000 | $276 / $276 | 4,425 / 4,425 | 15 / 15 | 0 | 1 |
Rental Market Overview
Median Rent
$1,495
−5.7%
Median DOM
1
0.0%
New Listings
77
Inventory
208
+4.0%
- Average Rent: $1,765
- Median Rent: $1,495
- Rent Range: $755 – $9,259
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,046 / 927
- Square Footage Range: 285 – 4,142
- Days on Market (Avg/Median): 40 / 1
- Days on Market Range: 1 – 317
- New Listings: 77
- Total Listings: 208
Rentals by Property Type
Apartment
$1,411
Median DOM: 1
Inventory: 164
MoM: −5.7%
Condo
$1,500
Median DOM: 29
Inventory: 13
MoM: −5.7%
Single Family
$2,400
Median DOM: 16
Inventory: 18
MoM: −5.7%
Townhouse
$2,100
Median DOM: 52
Inventory: 7
MoM: −5.7%
Apartment
Avg/Median Rent$1,583 / $1,411Range$755 – $9,259Rent per Sq Ft$2 / $2Sq Ft923 / 848DOM37 / 1New68Total164
Condo
Avg/Median Rent$1,478 / $1,500Range$975 – $1,800Rent per Sq Ft$2 / $2Sq Ft918 / 886DOM47 / 29New3Total13
Multi-Family
Avg/Median Rent$2,149 / $2,060Range$1,950 – $2,425Rent per Sq Ft$1 / $1Sq Ft1,849 / 1,699DOM68 / 74New0Total6
Single Family
Avg/Median Rent$3,347 / $2,400Range$800 – $7,750Rent per Sq Ft$2 / $2Sq Ft1,890 / 1,571DOM42 / 16New6Total18
Townhouse
Avg/Median Rent$2,178 / $2,100Range$1,875 – $2,675Rent per Sq Ft$2 / $2Sq Ft1,277 / 1,200DOM66 / 52New0Total7
Rentals by Bedroom Count
Studio
Avg:$1,104Median:$1,100Range:$755 – $1,475PSF:$2 / $2Sq Ft:555 / 540DOM:85 / 1New:5Total:20
1 Beds
Avg:$1,325Median:$1,359Range:$775 – $2,099PSF:$2 / $2Sq Ft:771 / 768DOM:43 / 1New:30Total:89
2 Beds
Avg:$1,835Median:$1,773Range:$1,118 – $5,535PSF:$2 / $2Sq Ft:1,127 / 1,172DOM:25 / 1New:25Total:55
3 Beds
Avg:$2,517Median:$2,200Range:$1,650 – $6,500PSF:$2 / $1Sq Ft:1,696 / 1,486DOM:34 / 1New:17Total:38
4 Beds
Avg:$3,388Median:$2,550Range:$2,400 – $5,500PSF:$2 / $2Sq Ft:2,055 / 1,680DOM:39 / 26New:0Total:4
5 Beds
Avg:$8,504Median:$7,750Range:$7,750 – $9,259PSF:$5 / $5Sq Ft:1,566 / 1,560DOM:198 / 198New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,104 | $1,100 | $755 – $1,475 | $2 / $2 | 555 / 540 | 85 / 1 | 5 | 20 |
| 1 Beds | $1,325 | $1,359 | $775 – $2,099 | $2 / $2 | 771 / 768 | 43 / 1 | 30 | 89 |
| 2 Beds | $1,835 | $1,773 | $1,118 – $5,535 | $2 / $2 | 1,127 / 1,172 | 25 / 1 | 25 | 55 |
| 3 Beds | $2,517 | $2,200 | $1,650 – $6,500 | $2 / $1 | 1,696 / 1,486 | 34 / 1 | 17 | 38 |
| 4 Beds | $3,388 | $2,550 | $2,400 – $5,500 | $2 / $2 | 2,055 / 1,680 | 39 / 26 | 0 | 4 |
| 5 Beds | $8,504 | $7,750 | $7,750 – $9,259 | $5 / $5 | 1,566 / 1,560 | 198 / 198 | 0 | 2 |
6-Month Sales Trend
Dec 2025
Median Price:$488,500Median DOM:84New:10Total:82
Jan 2026
Median Price:$500,000Median DOM:61New:32Total:90
Feb 2026
Median Price:$533,500Median DOM:48New:15Total:82
Mar 2026
Median Price:$533,500Median DOM:69New:25Total:89
Apr 2026
Median Price:$525,000Median DOM:54New:29Total:104
May 2026
Median Price:$525,000Median DOM:47New:16Total:106
6-Month Rental Trend
Dec 2025
Median Rent:$1,696Median DOM:42New:48Total:295
Jan 2026
Median Rent:$1,694Median DOM:1New:81Total:314
Feb 2026
Median Rent:$1,585Median DOM:1New:99Total:185
Mar 2026
Median Rent:$1,585Median DOM:1New:102Total:203
Apr 2026
Median Rent:$1,585Median DOM:1New:105Total:200
May 2026
Median Rent:$1,495Median DOM:1New:77Total:208
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing eased, 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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