75203 Home Values

Price per square foot in 75203 held near $195 this quarter, a modest step back from the near-county levels reached last month, based on MLS data for 2026-07 closings in 75203. The median sale settled around $305K, still meaningfully below Dallas County's benchmark. With a directionally modest sample of two dozen-plus closings, the more telling signal is pace: homes in the zip took roughly seven and a half weeks to close, nearly twice the county's clock, and that gap widened rather than narrowed this quarter. Sellers gave back roughly six cents on the dollar at the table, close to half of transactions carried a concession averaging around $13K, and roughly four in ten closings landed below list.

The pipeline continues to signal a market moving at a slower pace than the surrounding county. Active listings held near 144 while pending contracts numbered only about ten — roughly fourteen active listings for every one under contract, an imbalance that has persisted through recent quarters. Months of supply sits near sixteen, still more than double Dallas County's benchmark of under seven, even as new listing activity eased somewhat to roughly eighty homes added this quarter. Combined with lengthening days on market, the data points toward absorption continuing to lag rather than catch up heading into fall.

While Dallas County's price per square foot held near $206 this quarter, 75203 closed the gap almost entirely — directionally, the limited sample of roughly two dozen closings suggests per-foot values rebounded to near-county levels after trailing well below that benchmark for several months, based on MLS data for 2026-06 closings in 75203. The median sale came in around $328K, still roughly 13% below the county median, indicating the mix leans toward smaller footprints. Homes took about five weeks to close, meaningfully longer than the county's four-week pace. Sellers gave back roughly four cents on the dollar, and about four in ten transactions closed below list.

The supply-demand gap between 75203 and Dallas County remained wide heading into summer. With months of supply near 19 — roughly three times the county's benchmark of about six — and just a handful of contracts pending against 137 active listings, absorption in 75203 continues to lag the broader market. New listing activity added roughly 86 homes to the pool this quarter without a proportional uptick in buyer commitments, and the pipeline data suggests near-term conditions will keep 75203 meaningfully softer than surrounding Dallas County markets.

Price per square foot in 75203 came in around $171 in the latest quarter — roughly 16% below the trailing annual average of $190 — signaling that recent closings are landing at a meaningful discount to the broader trend, based on MLS data for 2026-05 closings in 75203. The median sale settled near $328K, above the 12-month median, suggesting the mix skewed toward larger homes closing at softer per-foot values. Sellers gave back roughly four cents on the dollar at closing, and more than half of transactions included a concession averaging around $12K. Just under four in ten closed below list, while a thin slice — roughly one in eighteen — sold above asking.

The pipeline in 75203 points to a market that has decelerated sharply. With only a dozen contracts pending against 126 active listings, the absorption rate is among the weakest seen in this zip. Months of supply sits near 21 — roughly three times the Dallas County benchmark of about 7 — suggesting demand has pulled back well beyond seasonal norms. New listing activity has continued to feed the pool without a corresponding uptick in buyer commitments, and the directional data suggests near-term conditions will remain firmly tilted toward available supply outpacing contract activity.