75233 Home Values
75233 Market Snapshot
| Active 45 listings | New 5 30 days | Closed 4 30 days | Pending 1 30 days | Supply 8.4 months | Absorption 2.2% monthly | Over List 0% sold above | Under List 56.1% sold below | Concessions 56.1% % of solds | Avg Concession $7,968 seller paid |
Source: NTREIS MLS • Excludes leases • Sep 2026
75233 Market Trends
Oak Cliff Fixers Finding Buyers Fast
This zip covers the mid-century ranch belt south of Loop 12, running from Kiestwood's winding, canopy-shaded streets east through Kiest Forest and into the Mountain Creek corridor. Most blocks are single-story brick homes built between 1953 and 1970, sitting on generous lots with deep setbacks and mature tree cover. Newer infill is minimal -- the housing stock here is overwhelmingly original mid-century.
Price per square foot in 75233 slid to roughly $165 this quarter, about 5% below the level reported a month earlier and now close to 18% under Dallas County's benchmark of about $201, based on MLS data for 2026-09 closings in 75233. The median sale price followed, slipping toward $317,000, extending a year-over-year decline of about eight percent. Sellers recovered roughly 94 to 95 cents on the listed dollar, and concessions accompanied just over half of deals, averaging near $9,000. With fewer than 20 closings in the window, the read is directional rather than definitive.
Supply in 75233 has widened again, with months of supply climbing to roughly seven and a half, up from about five a month earlier and above Dallas County's figure near six and a half. Active inventory rose to around 47 listings, while pending contracts fell back to a single deal, reversing the modest pickup seen last month. Roughly three dozen new listings arrived over the quarter, more than the pipeline is absorbing. Days on market near 51 point to unhurried conditions, and the limited sample keeps confidence wide.
Market Updates
Price per square foot in 75233 slid to roughly $165 this quarter, about 5% below the level reported a month earlier and now close to 18% under Dallas County's benchmark of about $201, based on MLS data for 2026-09 closings in 75233. The median sale price followed, slipping toward $317,000, extending a year-over-year decline of about eight percent. Sellers recovered roughly 94 to 95 cents on the listed dollar, and concessions accompanied just over half of deals, averaging near $9,000. With fewer than 20 closings in the window, the read is directional rather than definitive.
Supply in 75233 has widened again, with months of supply climbing to roughly seven and a half, up from about five a month earlier and above Dallas County's figure near six and a half. Active inventory rose to around 47 listings, while pending contracts fell back to a single deal, reversing the modest pickup seen last month. Roughly three dozen new listings arrived over the quarter, more than the pipeline is absorbing. Days on market near 51 point to unhurried conditions, and the limited sample keeps confidence wide.
Buyers in 75233 kept real leverage at the closing table this quarter: not a single sale closed above list, and essentially half of transactions settled below the asking price, based on MLS data for 2026-08 closings in 75233. Even so, sellers gave back less ground than the trailing-year average, pocketing roughly 96 cents on the listed dollar versus about 95 cents across the past twelve months, and concession rates eased to just under half of deals, down from just over half across that longer window. Price per square foot held close to $174, little changed from recent months and roughly 15% below Dallas County's benchmark, with the median sale settling around $326,000.
75233's supply cushion narrowed this quarter, with months of supply pulling back to a little over five — noticeably below the trailing-year norm near seven — even as active inventory held flat near 40 listings. Pending contracts, which had all but disappeared over the summer, ticked back up to a handful, a modest but real shift after months near zero. Dallas County's own months-of-supply figure sits close to six and a half, meaning 75233's pipeline has moved from looser than the county's to somewhat tighter, chipping at buyer leverage even as it hasn't disappeared.
Anchored against Dallas County's $206 median price per square foot, closings in 75233 settled at $181 this quarter — a roughly 12% gap that has narrowed only marginally since spring, based on MLS data for 2026-07 closings in 75233. The neighborhood's median sale price, near $335,000, likewise trails the county figure by close to $45,000. Homes here also spent noticeably longer reaching the closing table — about 54 days versus the county's mid-20s — while sellers conceded on nearly two-thirds of transactions, a share well above Dallas County's roughly one-in-two rate. With 21 closings in the window, the comparison supports a directional read against the county rather than a precise one.
75233's pipeline reads closer to Dallas County's overall backdrop than its closed-sale metrics might suggest: months of supply sit at roughly seven, just above the county's mid-six-month norm, and the zip's pending-to-active ratio — despite a sharp contraction from earlier this year — still runs somewhat richer than the county's own ratio. New listings arrived at a slightly slower pace relative to existing inventory than the broader county trend. Taken together, the near-term signals point to a supply picture only modestly out of step with Dallas County, even as pricing diverges more sharply.
Closed sales in 75233 showed a modest uptick in price per square foot this quarter — settling around $184, up slightly from the prior period — while the median closed sale came in near $320,000, based on MLS data for 2026-06 closings in 75233. The list-to-sale ratio improved meaningfully, with sellers recovering closer to asking than the trailing-year average suggests, giving back roughly three cents on the dollar at closing rather than the nearly five cents typical of the full-year picture. Concession rates climbed to roughly two-thirds of deals, though the average concession dollar amount contracted, suggesting buyers are winning the concession line more often but for smaller amounts. With around 20 closings in the window, the data is directional rather than definitive.
The sharpest signal in 75233's pipeline this quarter is a steep drop in pending contracts — falling to roughly 15 active pendings against 42 active listings, a pending-to-active ratio well below what was observed in prior periods. Months of supply compressed from above eight to roughly six, which in isolation might suggest absorption tightening, but the pending count contraction complicates that read: fewer homes are moving into contract even as supply nominally shrinks. New listing arrivals remained active relative to what the pending stack can absorb. The limited transaction sample keeps confidence intervals wide, but the pipeline directionally points toward a market where buyer commitment is pulling back faster than new supply is entering.
Price per square foot in 75233 has settled roughly 14% below the Dallas County benchmark, a gap that directionally reflects a market where buyers have been successfully repricing expectations downward. Based on MLS data for 2026-05 closings in 75233, the median closed price runs in the low $300s — well below the county median — and the annual price trend shows values have softened by roughly eight to nine percent over the past year. Sellers are closing at about four cents below list on average, and nearly two-thirds of deals carried concessions this quarter, signaling that the gap between where sellers are pricing and where transactions are landing remains a live negotiation with meaningful buyer pressure.
Active listings in 75233 hold steady against a notably thin pending count — roughly three pending contracts for every ten active listings — suggesting absorption has slowed since the recent closing activity. New listing arrivals outpaced contract signings in the trailing quarter, adding to a supply cushion that already sits near seven months. The limited transaction sample keeps confidence intervals wide, but the pipeline pattern directionally aligns with Dallas County's broader elevated-supply environment while showing a sharper pending-to-active imbalance than the county overall.
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Market data last updated Oct 1, 2026, 6:00 AM CDT · Editorial updated Sep 30, 2026, 3:28 PM CDT
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