75206 Home Values
75206 Market Snapshot
| Active 287 listings | New 80 30 days | Closed 31 30 days | Pending 6 30 days | Supply 7.6 months | Absorption 7.3% monthly | Over List 0.2% sold above | Under List 35% sold below | Concessions 34.4% % of solds | Avg Concession $10,118 seller paid |
Source: NTREIS MLS • Excludes leases • Sep 2026
75206 Market Trends
Lakewood-M Streets Stays Competitive Despite Cooling
This zip code reads like a greatest-hits tour of East Dallas neighborhoods. You've got the tree-tunneled blocks of the M Streets with their original Tudors and craftsmen feeding Mockingbird Elementary, the walkable townhome clusters along Knox-Henderson packed with rooftop decks, and the Lower Greenville corridor where renovated bungalows sit shoulder-to-shoulder with new-build duplexes pushing past a million. The housing stock spans nearly a full century.
Negotiating room widened for buyers in 75206 over the latest quarter: roughly four in ten closed sales landed below list price, and concessions showed up on a larger share of deals than the roughly one in three seen across the trailing year, with the average package edging above $9,000. Price per square foot slipped to about $351, a step below the trailing-year level near $365, while the median sale price held around $814,000. Sellers still collected nearly 97.5 cents on the dollar. Based on MLS data for October 2026 closings in 75206, the typical home took about a month to close, and just over a hundred closings keep the read reasonably firm.
Months of supply in 75206 climbed to about seven and a half, up from roughly six a month earlier, reinforcing the buyer-favorable backdrop. Active listings edged up to nearly 290 while only about two dozen homes sat under contract, and new listings of roughly 190 for the quarter outpaced pending activity. Days on market drifted out to about 30, a slight lengthening that points to slower absorption rather than a surge of new supply. Dallas County sits near seven months of supply, so the 75206 pipeline looks broadly in line with the wider county.
Market Updates
Negotiating room widened for buyers in 75206 over the latest quarter: roughly four in ten closed sales landed below list price, and concessions showed up on a larger share of deals than the roughly one in three seen across the trailing year, with the average package edging above $9,000. Price per square foot slipped to about $351, a step below the trailing-year level near $365, while the median sale price held around $814,000. Sellers still collected nearly 97.5 cents on the dollar. Based on MLS data for October 2026 closings in 75206, the typical home took about a month to close, and just over a hundred closings keep the read reasonably firm.
Months of supply in 75206 climbed to about seven and a half, up from roughly six a month earlier, reinforcing the buyer-favorable backdrop. Active listings edged up to nearly 290 while only about two dozen homes sat under contract, and new listings of roughly 190 for the quarter outpaced pending activity. Days on market drifted out to about 30, a slight lengthening that points to slower absorption rather than a surge of new supply. Dallas County sits near seven months of supply, so the 75206 pipeline looks broadly in line with the wider county.
For the second consecutive month, homes in 75206 took a bit longer to sell, with the typical closed sale reaching contract in 29 days, up from 27 across the trailing year and enough to interrupt the steady easing in time-to-contract noted since spring. That mild slowdown came even as closed volume held firm at 134 transactions for the quarter, keeping the sample thick enough for confident reads. Price per square foot settled near $361, essentially flat against the trailing-year figure, while sellers continued collecting close to 98 cents on the dollar at closing. Based on MLS data for September 2026 closings in 75206, average concessions eased to roughly $8,700, extending the pullback from the $14,000 level flagged earlier this year.
Pending contracts in 75206 held near two dozen for a second straight month, well below the quarterly-equivalent pace of roughly 68 implied by the trailing-year average, even as new listing volume also slowed to around 200 homes for the quarter. Active inventory eased to 280 listings, down from roughly 315 last month, suggesting the pipeline is thinning on both the supply and demand side rather than tilting decisively toward either camp. Months of supply eased to about six months, keeping conditions in buyer-favorable territory but marginally tighter than the trailing-year norm of just under seven months.
A surge in closings gave 75206's price signals unusual weight this quarter — 149 transactions closed, up from a typical pace nearer 120 per quarter over the trailing year. Price per square foot held essentially flat near $360, with the typical home reaching contract in just over three weeks, continuing a steady easing in time-to-contract seen since spring. Sellers continued collecting nearly 98 cents on the dollar at closing, and average concessions on deals that included one retreated to roughly $7,900, reversing the run-up toward $14,000 noted in the prior quarter. Based on MLS data for August 2026 closings in 75206, year-over-year appreciation held near 6 percent.
Pending contracts in 75206 have thinned sharply, with just two dozen homes now under contract compared with roughly 310 in the pipeline across the trailing year, even as active listings held essentially flat near 315. New listing volume of roughly 230 homes for the quarter kept pace with the broader trailing-year flow, meaning the pending pullback points to slower absorption rather than a supply surge. Months of supply eased to about six and a half, down from nearly eight across the trailing year, keeping conditions in buyer-favorable territory but trending tighter.
Price per square foot in 75206 reached $376 on closings in the latest quarter, more than 80 percent above the $206 median for Dallas County as a whole — based on MLS data for July 2026 closings in 75206. The median sale price of roughly $781,000 sits more than double the county figure, continuing a year-over-year gain near 8 percent. Sellers here also gave up less ground than their county counterparts: fewer than three in ten transactions included a concession, versus about half of county sales, and sellers collected close to 98 cents on the dollar at closing, edging out the county's just-under-98-cent average. Homes also moved faster, closing in about three weeks versus roughly four weeks countywide.
Where 75206's closed-sale numbers diverge sharply from the county, its pipeline looks more ordinary. Months of supply sits near six and a half — only slightly above the Dallas County benchmark — while new listings continued to outpace pending contracts for a second straight quarter, a gap roughly proportional to what's showing up countywide. Active inventory has held essentially flat month over month, suggesting the pricing gap with the county reflects demand and mix rather than a widening supply imbalance in 75206 itself.
While price per square foot in 75206 held steady near $370, the concession story shifted sharply in the most recent quarter. The average seller concession on deals that included one rose to roughly $14,000 — up nearly half from the trailing twelve-month figure of under $10,000 — even as the share of transactions closing with concessions held around one in three. Sellers captured close to 98.5 cents on the dollar at closing, and fewer than three in ten deals closed below list. Based on MLS data for June 2026 closings in 75206, the typical home reached contract in under three weeks, the fastest pace in over a year.
Active listings in 75206 remain near 310 homes, but the pending contract count has contracted sharply relative to the broader twelve-month baseline, suggesting a near-term absorption slowdown rather than a supply surge. Months of supply has retreated from the elevated levels noted earlier this year, now sitting below seven — meaningfully tighter than the peak but still above the four-month threshold that typically marks seller-dominant conditions. New listing volume of roughly 290 homes over the quarter continues to outpace pending activity, keeping moderate supply pressure intact.
Per-square-foot values in 75206 have tracked well above county norms, with April 2026 closings printing near $375 per square foot — roughly 80 percent above the broader Dallas County figure for the same period. Year-over-year appreciation approached 10 percent, with the median closed sale near $765,000. Seller pricing power held firm: transactions closed at nearly 98 cents on the dollar on average, and roughly one in three deals included a seller concession — a notably lower share than the county at large. Based on MLS data for April 2026 closings in 75206, homes that reached contract moved in just over three weeks.
Supply in 75206 has climbed above eight months — a level that characterizes buyer-leaning market conditions — while the ratio of pending contracts to active listings points to softer near-term absorption. New listing volume has kept pace with seasonal patterns, sustaining the elevated supply position rather than relieving it. Homes that do reach contract are clearing at a faster pace than the county average, pointing to selective but decisive demand for listings that meet the market. The forward pipeline signals continued supply-side pressure.
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Market data last updated Oct 1, 2026, 6:00 AM CDT · Editorial updated Oct 11, 2026, 7:28 PM CDT
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