ZIP 75240 Housing Market Report
Dallas Metro
Report period: August 2026
75240 Monthly Market Update – August 2026
ZIP 75240 · Last updated Aug 13, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$415,000
−21.0%
Median DOM (Sales)
61
−19.7%
New Listings (Sales)
10
−37.5%
Median Rent
$1,585
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
186
−11.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Multi-Family (39 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($1,595,000 median)
Sales Market Overview
Median Price
$415,000
−21.0%
Median DOM
61
−19.7%
New Listings
10
−37.5%
Inventory
91
−14.2%
- Average Price: $620,798
- Median Price: $415,000
- Price Range: $109,000 – $4,599,900
- Price per Sq Ft (Avg/Median): $253 / $220
- Square Footage (Avg/Median): 2,130 / 1,694
- Square Footage Range: 686 – 7,894
- Days on Market (Avg/Median): 71 / 61
- Days on Market Range: 2 – 356
- New Listings: 10
- Total Listings: 91
Sales by Property Type
Condo
Avg/Median Price$241,311 / $184,000Range$109,000 – $520,000Price per Sq Ft$198 / $178Sq Ft1,159 / 1,170DOM100 / 86New0Total19
Multi-Family
Avg/Median Price$523,333 / $535,000Range$480,000 – $555,000Price per Sq Ft$175 / $176Sq Ft2,988 / 3,102DOM67 / 39New0Total3
Single Family
Avg/Median Price$1,018,995 / $699,995Range$245,000 – $4,599,900Price per Sq Ft$305 / $271Sq Ft3,055 / 2,560DOM62 / 57New4Total38
Townhouse
Avg/Median Price$374,707 / $249,900Range$185,000 – $1,564,025Price per Sq Ft$231 / $197Sq Ft1,510 / 1,408DOM65 / 46New6Total31
Sales by Bedroom Count
1 Beds
Avg:$129,200Median:$125,000Range:$109,000 – $149,000PSF:$166 / $177Sq Ft:781 / 838DOM:77 / 69New:0Total:5
2 Beds
Avg:$331,048Median:$259,800Range:$140,000 – $533,500PSF:$234 / $208Sq Ft:1,354 / 1,274DOM:77 / 67New:2Total:23
3 Beds
Avg:$519,772Median:$362,400Range:$150,000 – $2,300,000PSF:$249 / $220Sq Ft:1,844 / 1,646DOM:68 / 48New:6Total:39
4 Beds
Avg:$1,124,646Median:$869,000Range:$379,000 – $4,599,900PSF:$319 / $286Sq Ft:3,142 / 3,142DOM:65 / 48New:2Total:13
5 Beds
Avg:$1,458,500Median:$1,595,000Range:$418,000 – $2,599,000PSF:$317 / $329Sq Ft:4,351 / 3,628DOM:79 / 91New:0Total:6
6 Beds
Avg:$855,000Median:$535,000Range:$480,000 – $1,850,000PSF:$202 / $176Sq Ft:3,880 / 3,102DOM:67 / 39New:0Total:4
7 Beds
Avg:$1,170,000Median:$1,170,000Range:$1,170,000 – $1,170,000PSF:$264 / $264Sq Ft:4,425 / 4,425DOM:106 / 106New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $129,200 | $125,000 | $109,000 – $149,000 | $166 / $177 | 781 / 838 | 77 / 69 | 0 | 5 |
| 2 Beds | $331,048 | $259,800 | $140,000 – $533,500 | $234 / $208 | 1,354 / 1,274 | 77 / 67 | 2 | 23 |
| 3 Beds | $519,772 | $362,400 | $150,000 – $2,300,000 | $249 / $220 | 1,844 / 1,646 | 68 / 48 | 6 | 39 |
| 4 Beds | $1,124,646 | $869,000 | $379,000 – $4,599,900 | $319 / $286 | 3,142 / 3,142 | 65 / 48 | 2 | 13 |
| 5 Beds | $1,458,500 | $1,595,000 | $418,000 – $2,599,000 | $317 / $329 | 4,351 / 3,628 | 79 / 91 | 0 | 6 |
| 6 Beds | $855,000 | $535,000 | $480,000 – $1,850,000 | $202 / $176 | 3,880 / 3,102 | 67 / 39 | 0 | 4 |
| 7 Beds | $1,170,000 | $1,170,000 | $1,170,000 – $1,170,000 | $264 / $264 | 4,425 / 4,425 | 106 / 106 | 0 | 1 |
Rental Market Overview
Median Rent
$1,585
0.0%
Median DOM
1
0.0%
New Listings
65
Inventory
186
−11.0%
- Average Rent: $1,740
- Median Rent: $1,585
- Rent Range: $765 – $7,750
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,062 / 970
- Square Footage Range: 400 – 4,142
- Days on Market (Avg/Median): 40 / 1
- Days on Market Range: 1 – 356
- New Listings: 65
- Total Listings: 186
Rentals by Property Type
Apartment
$1,482
Median DOM: 1
Inventory: 143
MoM: 0.0%
Condo
$1,350
Median DOM: 63
Inventory: 14
MoM: 0.0%
Single Family
$2,400
Median DOM: 39
Inventory: 18
MoM: 0.0%
Townhouse
$2,350
Median DOM: 29
Inventory: 7
MoM: 0.0%
Apartment
Avg/Median Rent$1,553 / $1,482Range$765 – $2,499Rent per Sq Ft$2 / $2Sq Ft945 / 848DOM34 / 1New59Total143
Condo
Avg/Median Rent$1,370 / $1,350Range$1,050 – $1,800Rent per Sq Ft$2 / $2Sq Ft813 / 838DOM68 / 63New2Total14
Multi-Family
Avg/Median Rent$2,000 / $1,990Range$1,950 – $2,060Rent per Sq Ft$1 / $1Sq Ft1,418 / 1,430DOM39 / 44New0Total4
Single Family
Avg/Median Rent$3,123 / $2,400Range$1,700 – $7,750Rent per Sq Ft$2 / $1Sq Ft1,934 / 1,590DOM58 / 39New3Total18
Townhouse
Avg/Median Rent$2,584 / $2,350Range$2,000 – $3,750Rent per Sq Ft$2 / $2Sq Ft1,492 / 1,430DOM38 / 29New1Total7
Rentals by Bedroom Count
Studio
Avg:$1,085Median:$924Range:$765 – $1,415PSF:$2 / $2Sq Ft:529 / 540DOM:182 / 168New:1Total:12
1 Beds
Avg:$1,323Median:$1,350Range:$797 – $2,035PSF:$2 / $2Sq Ft:746 / 768DOM:45 / 1New:21Total:77
2 Beds
Avg:$1,744Median:$1,788Range:$1,145 – $3,000PSF:$2 / $1Sq Ft:1,134 / 1,071DOM:25 / 1New:32Total:57
3 Beds
Avg:$2,450Median:$2,421Range:$1,805 – $4,975PSF:$2 / $2Sq Ft:1,628 / 1,502DOM:18 / 1New:11Total:34
4 Beds
Avg:$3,650Median:$3,100Range:$2,250 – $5,500PSF:$1 / $1Sq Ft:2,458 / 2,179DOM:70 / 59New:0Total:5
5 Beds
Avg:$7,750Median:$7,750Range:$7,750 – $7,750PSF:$5 / $5Sq Ft:1,571 / 1,571DOM:—New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,085 | $924 | $765 – $1,415 | $2 / $2 | 529 / 540 | 182 / 168 | 1 | 12 |
| 1 Beds | $1,323 | $1,350 | $797 – $2,035 | $2 / $2 | 746 / 768 | 45 / 1 | 21 | 77 |
| 2 Beds | $1,744 | $1,788 | $1,145 – $3,000 | $2 / $1 | 1,134 / 1,071 | 25 / 1 | 32 | 57 |
| 3 Beds | $2,450 | $2,421 | $1,805 – $4,975 | $2 / $2 | 1,628 / 1,502 | 18 / 1 | 11 | 34 |
| 4 Beds | $3,650 | $3,100 | $2,250 – $5,500 | $1 / $1 | 2,458 / 2,179 | 70 / 59 | 0 | 5 |
| 5 Beds | $7,750 | $7,750 | $7,750 – $7,750 | $5 / $5 | 1,571 / 1,571 | — | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$533,500Median DOM:69New:25Total:89
Apr 2026
Median Price:$525,000Median DOM:54New:29Total:104
May 2026
Median Price:$535,000Median DOM:40New:33Total:109
Jun 2026
Median Price:$529,000Median DOM:59New:23Total:110
Jul 2026
Median Price:$525,000Median DOM:76New:16Total:106
Aug 2026
Median Price:$415,000Median DOM:61New:10Total:91
6-Month Rental Trend
Mar 2026
Median Rent:$1,585Median DOM:1New:102Total:203
Apr 2026
Median Rent:$1,585Median DOM:1New:105Total:200
May 2026
Median Rent:$1,499Median DOM:1New:119Total:224
Jun 2026
Median Rent:$1,515Median DOM:1New:107Total:209
Jul 2026
Median Rent:$1,585Median DOM:1New:97Total:209
Aug 2026
Median Rent:$1,585Median DOM:1New:65Total:186
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, 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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