Market Intelligence · TX / Dallas

Dallas, TX 75231 Housing Market

The typical home in Dallas 75231 is valued at $297,072, down 2.7% over the past year. The median list price stands at $174,475, with homes taking a median of 79 days to sell.

Updated August 2026Median value$295K

The median home value in Dallas, TX 75231 is $295K as of August 2026, down 2.4% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 75231 range

$271K to $318K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-2.4% over 12 months

Typical home value in 75231 over the last 12 months: $302K in Aug 2025 to $295K in Aug 2026 (-2.4%).

Aug 2025$302K

Aug 2026$295K

The numbers

What is the 75231 housing market like?

Typical home value

$295K

Down2.4%YoY

Median list price

$174K

Down3.0%MoM

Days on market

79

Up31.7%MoM

Homes for sale

154

Down3.7%MoM

Price cuts

40.2%

Up1.4%MoM

New listings

16

Down52.9%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 75231 home prices compare?

  • 75231$294,517
  • Dallas$297,477
  • Texas$262,445
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Dallas: 45 ZIPs; Texas: 1,512 ZIPs; United States: 26,265 ZIPs).

Context

As of August 2026, 154 homes are currently for sale in this ZIP code, with 16 new listings added recently. The median time on market of 79 days suggests buyers are taking their time with decisions. A notable sign of seller pressure appears in the data: 40.2% of current listings have had their prices reduced. Combined with the year-over-year value decline of 2.7%, this points to a market where sellers should price carefully and be prepared for negotiation.

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