ZIP 75216 covers residential neighborhoods in Dallas, located within Dallas County, TX, part of the broader Dallas housing market. The typical home value in ZIP 75216 in the Dallas housing market is $173,215, with a typical rent of $1,954 per month. That puts the local home-value-to-annual-rent ratio at 7.4.
Key stats
- ZIP 75216 is around the 3rd percentile of tracked local ZIPs for home value.
- ZIP 75216 is around the 92nd percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 7.4.
- 67 homes went pending for every 100 new listings in the current reading.
- Supply and buyer competition did not produce a clear easing or tightening split.
- Typical home value
- $173,215
- Typical rent
- $1,954
- Homes for sale
- 179
- Buyer competition
- 69
- New listings
- 48
- Homes going pending
- 32
- Listings with price cuts
- 30.2%
Price and rent in ZIP 75216
ZIP 75216 is around the 3rd percentile of tracked local ZIPs for home value. ZIP 75216 is around the 82nd percentile of tracked local ZIPs for rent.
ZIP 75216 home value & rent trend (past 12 months)
Typical home value fell 4.4% over the last 11 months, from $181,142 to $173,215. It rose in 2 of 10 monthly readings. The largest monthly gain was +0.2% in February 2026.
Typical rent rose 2.2% over the last 11 months, from $1,912 to $1,954. It rose in 7 of 10 monthly readings. The largest monthly gain was +2.5% in February 2026.
How ZIP 75216 compares to Dallas
ZIP 75216's typical home value is 41.8% below the Dallas median of $297,837. ZIP 75216's typical rent is 24.1% above the Dallas median of $1,575. ZIP 75216's buyer competition is 32.7% above the Dallas median of 52.
How fast homes sell in ZIP 75216
Homes in ZIP 75216 typically go pending in about 61 days — about 2% faster than the metro median of 62 days.
Supply, pending activity, and competition
ZIP 75216 is around the 77th percentile of tracked local ZIPs for for-sale inventory. ZIP 75216 is around the 92nd percentile of tracked local ZIPs for buyer competition. 67 homes went pending for every 100 new listings in the current reading. Supply and buyer competition did not produce a clear easing or tightening split. Over the 11 readings on record, inventory moved between 175 and 199 — a 24-point spread across 39 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 75203, 75215, 75241, 75210.
Continue your market research
- Is the Dallas Real Estate Market Cooling or Slowing Down?Read the related local market analysis.
- Is Dallas a Buyer's Market?Read the related local market analysis.
- All Dallas ZIP comparisonsCompare this market with another tracked ZIP or peer group.
- ZIP 75203 housing marketReview a nearby local market with the same core measures.
- ZIP 75215 housing marketReview a nearby local market with the same core measures.
- ZIP 75241 housing marketReview a nearby local market with the same core measures.
- Dallas housing market overviewReturn to the broader parent market.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules
Figures are updated monthly under our editorial policy. Spotted something wrong? Report a correction.