Map of 75223

75223 Home Values

Median Sale Price
$503,001
Live Market Pulse
Active Listings
Pending
New This Week
New This Month
Median Asking

75223 Market Snapshot

Median Sale Price
$503,001
▲ 42.5% YoY
Price per Sq Ft
$307
median $/sqft
Days on Market
19
list to contract
Sale-to-List
97.7%
of original asking
Buyer's Market 7.3 months of supply
Seller's Buyer's
Active
90
listings
New
12
30 days
Closed
8
30 days
Pending
2
30 days
Supply
7.3
months
Absorption
13.3%
monthly
Over List
0%
sold above
Under List
31.3%
sold below
Concessions
31.3%
% of solds
Avg Concession
$8,975
seller paid

Source: NTREIS MLS • Excludes leases • Jun 2026

75223 Market Trends

Median Sale Price
24 months
$150K$304K$459K$614K$769KAug 2024Dec 2024Apr 2025Aug 2025Dec 2025Apr 2026Jun 2026

Historic Charm Meets Trail-Side New Builds

Hollywood Heights and Santa Monica set the character here -- storybook Tudors, Craftsman bungalows, and stone cottages from the 1920s through 1940s line streets shaded by old-growth canopy. Lakewood Elementary zoning drives family demand on these blocks. Along the Santa Fe Trail corridor, new-construction duplexes and single-family attached homes have filled in vacant lots with modern rooflines and rooftop decks. South of the historic core toward Fair Park, the housing pivots to smaller new builds.

Price per square foot in 75223 crossed $385 in the trailing three months — roughly 88 percent above the Dallas County median and among the sharpest valuation gaps in the metro. Based on MLS data for 2026-06 closings in 75223, the median sale price landed near $645K, well above the county's roughly $378K figure. Sellers gave back less than three cents on the dollar at closing, and about a third of transactions included concessions averaging nearly $10K — consistent with a market where buyers negotiate on terms rather than price. Days on market tightened modestly to around 30, down from the 12-month average, adding a velocity dimension to what is primarily a price story.

The pipeline in 75223 tells a more measured story than the closed-sale figures suggest. Active inventory holds at roughly 92 listings against just 30 pending contracts — a ratio that gives buyers meaningful selection heading into summer. New listings over the trailing quarter totaled around 80, tracking above the pending pace, which has kept months of supply near six — in line with the broader Dallas County figure. The local pipeline has not tightened to match the sharp price premium 75223 commands, a tension that will likely resolve in either direction as Q3 demand becomes clearer.

Market Updates

Price per square foot in 75223 crossed $385 in the trailing three months — roughly 88 percent above the Dallas County median and among the sharpest valuation gaps in the metro. Based on MLS data for 2026-06 closings in 75223, the median sale price landed near $645K, well above the county's roughly $378K figure. Sellers gave back less than three cents on the dollar at closing, and about a third of transactions included concessions averaging nearly $10K — consistent with a market where buyers negotiate on terms rather than price. Days on market tightened modestly to around 30, down from the 12-month average, adding a velocity dimension to what is primarily a price story.

The pipeline in 75223 tells a more measured story than the closed-sale figures suggest. Active inventory holds at roughly 92 listings against just 30 pending contracts — a ratio that gives buyers meaningful selection heading into summer. New listings over the trailing quarter totaled around 80, tracking above the pending pace, which has kept months of supply near six — in line with the broader Dallas County figure. The local pipeline has not tightened to match the sharp price premium 75223 commands, a tension that will likely resolve in either direction as Q3 demand becomes clearer.

Price per square foot in 75223 ran nearly double the Dallas County benchmark in the most recent quarter — a divergence that sets this zip apart from the broader market. Based on MLS data for 2026-05 closings in 75223, the directional data suggests values here have climbed sharply relative to the county, with the trailing three-month median landing around $650K against a countywide figure closer to $373K. Sellers in 75223 also gave back less at the table: the concession rate tracked roughly seven percentage points below the county average, and buyers covered a similar share of the list price as their county counterparts — with the limited sample suggesting conditions have favored sellers more consistently here than across Dallas County as a whole.

The supply picture in 75223 shows a market where active listings outnumber pending contracts by nearly three to one, a ratio that directionally points toward buyers holding more selection than the tighter county average would suggest. New listing activity over the trailing quarter came in at a pace well below the countywide run rate on a per-capita basis, which has kept available inventory from building further. Months of supply sits modestly below the county level, signaling that while choice has widened, the pipeline has not yet shifted decisively toward buyer-side conditions.

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Market data last updated Jul 1, 2026, 6:00 AM CDT · Editorial updated Jun 28, 2026, 7:09 PM CDT

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