HomeMarketCap.com

ZIP 75223 Dallas, TX Housing Market

75223Dallas area

Price, Rent & Competition

$258,114

$1,296

48 index

58

Supply & Market Activity

11

9

35.19%

Area profile & market context

Population

11,994

Population density

1,494 / sq mi

Latest market movement

Home value (MoM)

-0.15%

Inventory (MoM)

-6.45%

Buyer competition (MoM)

+9.09%

New listings (MoM)

-15.38%

Homes Pending (MoM)

-18.18%

Price cuts share (MoM)

+7.11%

How quickly homes are selling

Selling slower

Homes appear to be going under contract more slowly in this ZIP.

This summary uses one direct sale-speed signal for this ZIP. Supporting ZIP and metro context is shown separately.

Sale-speed figures and broader market activity are shown separately. Missing sale-speed values are not estimated.

Sale-speed measures for this ZIP

  • Homes going pending

    Value: 9 · MoM: -18.18% · YoY: -

Other local market activity

  • New listings

    Value: 11 · MoM: -15.38% · YoY: -38.89%

  • Homes for sale

    Value: 58 · MoM: -6.45% · YoY: 1.75%

  • Buyer competition

    Value: 48 · MoM: 9.09% · YoY: -17.24%

  • Price cuts share

    Value: 35.19% · MoM: 7.11% · YoY: 20.32%

  • Home sales activity (metro)

    Value: 7,253 · MoM: -7.19% · YoY: 1.38%

ZIP 75223 covers residential neighborhoods in Dallas, located within Dallas County, TX, part of the broader Dallas housing market. The typical home value in ZIP 75223 in the Dallas housing market is $258,114, with a typical rent of $1,296 per month. That puts the local home-value-to-annual-rent ratio at 16.6.

Key stats

  • ZIP 75223 is around the 26th percentile of tracked local ZIPs for home value.
  • ZIP 75223 is around the 38th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 16.6.
  • 82 homes went pending for every 100 new listings in the current reading.
  • Supply contracted while buyer competition strengthened.
Typical home value
$258,114
Typical rent
$1,296
Homes for sale
58
Buyer competition
48
New listings
11
Homes going pending
9
Listings with price cuts
35.2%
Typical home value — past 12 months
Aug 25Jul 26
Down 1.7% over 12 months
Typical home value down 1.7% over the last 12 months in ZIP 75223.
Typical rent — past 12 months
Sep 25Jul 26
Down 6.7% over 11 months
Typical rent down 6.7% over the last 11 months in ZIP 75223.
Homes for sale — past 12 months
Aug 25Jul 26
Down 6.5% over 12 months
Homes for sale down 6.5% over the last 12 months in ZIP 75223.
New listings — past 12 months
Aug 25Jul 26
Down 35.3% over 12 months
New listings down 35.3% over the last 12 months in ZIP 75223.
Homes going pending — past 12 months
Jan 26Jul 26
Up 80.0% over 7 months
Homes going pending up 80.0% over the last 7 months in ZIP 75223.
Buyer competition index — past 12 months
Aug 25Jul 26
Down 7.7% over 12 months
Buyer competition index down 7.7% over the last 12 months in ZIP 75223.
Listings with price cuts — past 12 months
Aug 25Jul 26
Up 22.7% over 12 months
Listings with price cuts up 22.7% over the last 12 months in ZIP 75223.

Price and rent in ZIP 75223

ZIP 75223 is around the 26th percentile of tracked local ZIPs for home value. ZIP 75223 is around the 16th percentile of tracked local ZIPs for rent.

ZIP 75223 home value & rent trend (past 12 months)

Typical home value fell 1.7% over the past 12 months, from $262,459 to $258,114. It rose in 5 of 11 monthly readings. The largest monthly gain was +0.5% in November 2025.

Typical rent fell 6.7% over the last 11 months, from $1,389 to $1,296. It rose in 2 of 10 monthly readings. The largest monthly gain was +6.5% in June 2026.

How ZIP 75223 compares to the metro

ZIP 75223's typical home value is 13.3% below the metro median of $297,837. ZIP 75223's typical rent is 17.7% below the metro median of $1,575. ZIP 75223's buyer competition is 7.7% below the metro median of 52.

Supply, pending activity, and competition

ZIP 75223 is around the 26th percentile of tracked local ZIPs for for-sale inventory. ZIP 75223 is around the 38th percentile of tracked local ZIPs for buyer competition. 82 homes went pending for every 100 new listings in the current reading. Supply contracted while buyer competition strengthened. Over the 12 readings on record, inventory moved between 55 and 69 — a 14-point spread across 39 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 75246, 75210, 75226, 75214.

Continue your market research

75223 Housing Market Overview FAQ

What is the typical home value in ZIP 75223?

The typical home value in ZIP 75223 is $258,114 in the latest monthly reading.

What is the typical rent in ZIP 75223?

Typical rent in ZIP 75223 is $1,296 per month.

What is the home-value-to-rent ratio in ZIP 75223?

ZIP 75223 has a home-value-to-annual-rent ratio of 16.6.

Sources and method

Explore ZIP Pages in Dallas Metro