HomeMarketCap.com

ZIP 75248 Dallas, TX Housing Market

City
Dallas
County
Dallas County
State
TX
Metro area
Dallas-Fort Worth-Arlington, TX

Price, Rent & Competition

$630,104

$1,440

49 index

215

Supply & Market Activity

50

41

31.00%

70 days

Area profile & market context

Population

38,459

Population density

2,000 / sq mi

Latest market movement

Home value (MoM)

+0.78%

Inventory (MoM)

-2.71%

Buyer competition (MoM)

+4.26%

New listings (MoM)

-12.28%

Homes Pending (MoM)

-6.82%

Price cuts share (MoM)

-3.79%

Typical rent (YoY)

+2.84%

How quickly homes are selling

Selling slower

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

This summary combines homes going pending and sale speed (days to pending). 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: 41 · MoM: -6.82% · YoY: -10.87%

  • Sale speed (days to pending)

    Value: 70 · MoM: 6.06% · YoY: 32.08%

Other local market activity

  • New listings

    Value: 50 · MoM: -12.28% · YoY: 0.00%

  • Homes for sale

    Value: 215 · MoM: -2.71% · YoY: -10.42%

  • Buyer competition

    Value: 49 · MoM: 4.26% · YoY: 16.67%

  • Price cuts share

    Value: 31.00% · MoM: -3.79% · YoY: -1.49%

  • Home sales activity (metro)

    Value: 6,228 · MoM: -14.31% · YoY: -5.44%

ZIP 75248 covers residential neighborhoods in Dallas, located within Dallas County, TX, part of the broader Dallas housing market. The typical home value in ZIP 75248 in the Dallas housing market is $630,104, with a typical rent of $1,440 per month. That puts the local home-value-to-annual-rent ratio at 36.5.

Key stats

  • ZIP 75248 is around the 85th percentile of tracked local ZIPs for home value.
  • ZIP 75248 is around the 44th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 36.5.
  • 82 homes went pending for every 100 new listings in the current reading.
  • Supply contracted while buyer competition strengthened.
Typical home value
$630,104
Typical rent
$1,440
Homes for sale
215
Buyer competition
49
New listings
50
Homes going pending
41
Listings with price cuts
31.0%
Typical home value — past 12 months
Sep 25 – Aug 26
Up 2.3% over 12 months
Typical home value up 2.3% over the last 12 months in ZIP 75248.
Typical rent — past 12 months
Sep 25 – Aug 26
Up 3.8% over 12 months
Typical rent up 3.8% over the last 12 months in ZIP 75248.
Homes for sale — past 12 months
Sep 25 – Aug 26
Down 0.5% over 12 months
Homes for sale down 0.5% over the last 12 months in ZIP 75248.
New listings — past 12 months
Sep 25 – Aug 26
Up 13.6% over 12 months
New listings up 13.6% over the last 12 months in ZIP 75248.
Homes going pending — past 12 months
Sep 25 – Aug 26
Up 7.9% over 12 months
Homes going pending up 7.9% over the last 12 months in ZIP 75248.
Buyer competition index — past 12 months
Sep 25 – Aug 26
Up 8.9% over 12 months
Buyer competition index up 8.9% over the last 12 months in ZIP 75248.
Listings with price cuts — past 12 months
Sep 25 – Aug 26
Down 3.8% over 12 months
Listings with price cuts down 3.8% over the last 12 months in ZIP 75248.

Price and rent in ZIP 75248

ZIP 75248 is around the 85th percentile of tracked local ZIPs for home value. ZIP 75248 is around the 24th percentile of tracked local ZIPs for rent.

ZIP 75248 home value & rent trend (past 12 months)

Typical home value rose 2.3% over the past 12 months, from $615,848 to $630,104. It rose in 7 of 11 monthly readings. The largest monthly gain was +0.8% in August 2026.

Typical rent rose 3.8% over the past 12 months, from $1,387 to $1,440. It rose in 7 of 11 monthly readings. The largest monthly gain was +1.3% in February 2026.

How ZIP 75248 compares to Dallas

ZIP 75248's typical home value is 113.4% above the Dallas median of $295,216. ZIP 75248's typical rent is 8.4% below the Dallas median of $1,572. ZIP 75248's buyer competition is 2.0% below the Dallas median of 50.

How fast homes sell in ZIP 75248

Homes in ZIP 75248 typically go pending in about 70 days — about 3% slower than the metro median of 68 days.

Supply, pending activity, and competition

ZIP 75248 is around the 87th percentile of tracked local ZIPs for for-sale inventory. ZIP 75248 is around the 44th 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 176 and 222 — a 46-point spread across 39 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 75254, 75240, 75230, 75243.

Continue your market research

Sources and method

Figures are updated monthly by the HomeMarketCap.com team under our editorial policy. Spotted something wrong? Report a correction.

Explore ZIP Pages in Dallas

ZIP codes at a similar price in other cities

Typical home value within reach of ZIP 75248, in the other tracked markets.