75223 Home Values

Price per square foot in 75223 slipped to roughly $288 in the latest quarter, giving back about a twelfth of the level reported a month earlier, yet it still sits more than 40 percent above Dallas County's roughly $201. Based on MLS data for 2026-09 closings in 75223, the median sale price near $474K eased from last month's $490K, and sellers collected a little under 96 cents on the dollar as concessions appeared in nearly four in ten sales. Homes needed around seven and a half weeks to close, well behind the county's pace. With 34 closings, the limited sample suggests directional softening rather than a definitive reset.

Pending contracts in 75223 remain in the single digits, a thin pipeline set against months of supply near seven, a touch looser than Dallas County's roughly six and a half. New listings, around 43 over the quarter, continue to outpace signed contracts by a wide margin, and active inventory holding near 78 keeps the gap between supply and demand visibly open. Days on market stretching toward eight weeks signals listings are lingering, hinting that near-term conditions will keep leaning toward buyers absent a pickup in contract activity.

Price per square foot in 75223 held near $313 this quarter, still roughly $110 above Dallas County's $204 benchmark, though the premium narrowed from the levels reported in recent months. Based on MLS data for August 2026 closings in 75223, the median sale price near $490K outpaced the county's typical $380K by a similar margin, even after a 12-month runup topping a third. Sellers here gave up less ground than the county broadly — concessions touched roughly two in five sales here versus about half countywide — though homes needed closer to six weeks to close, longer than the county's typical four. With 32 closings recorded, the comparison leans directionally on the county benchmark rather than the zip's numbers alone.

Pending contracts in 75223 fell to just three, extending a slide that had already cut the pipeline to about a dozen last quarter, even as new listings held near 49 — a pace still outrunning signed contracts. Months of supply crept to nearly eight, about a month and a half above Dallas County's typical six and a half, widening a supply gap that the zip's price premium doesn't fully explain. Active inventory held roughly flat versus last quarter, leaving 75223 with a noticeably looser pipeline than the county as a whole.

Homes in 75223 sold markedly faster this quarter, with the median time to close falling to roughly 19 days — down sharply from last quarter's pace and well ahead of Dallas County's typical 26 days. Based on MLS data for 2026-07 closings in 75223, price per square foot held near $390, essentially flat, while the median sale price eased slightly to about $632K. Sellers gave a bit more ground at the table, with concessions appearing in roughly two in five closings, up from about a third previously, though they still collected close to 97 cents on the dollar. With 37 closings recorded, the read is directional rather than definitive.

The forward pipeline in 75223 tells a different story than the quicker closings suggest. Pending contracts fell to just 12, down sharply from roughly 30 last quarter, while new listings slowed to about 57. Active inventory held near 90, widening the gap between listings and contracts to nearly eight to one, versus roughly three to one previously. Months of supply ticked up to about seven — modestly above Dallas County's own reading near six — hinting that the recent burst of quick closings may not carry through the next quarter.