HomeMarketCap.com

Why Dallas Rents Are Falling (or Softening)

5 of 40 tracked Dallas ZIPs still show rent acceleration, so the softening is uneven rather than citywide. Across tracked ZIPs the typical home value runs from $147,686 in 75210 to $1,066,305 in 75230 — a factor of 7.2. New-construction sales changed -13.12% year over year. The median tracked ZIP records about 67 pending homes per 100 new listings.

Key stats

  • Across tracked ZIPs the typical home value runs from $147,686 in 75210 to $1,066,305 in 75230 — a factor of 7.2.
  • The median tracked ZIP records about 67 pending homes per 100 new listings.
  • The median tracked ZIP has a home-value-to-annual-rent ratio of 15.6.
  • New-construction sales changed -13.12% year over year.
Tracked ZIP markets
40
Median ZIP home value
$295,216
Median ZIP rent
$1,572
housing cost spread
Across tracked ZIPs the typical home value runs from $147,686 in 75210 to $1,066,305 in 75230 — a factor of 7.2.
new construction change
New-construction sales changed -13.12% year over year.
median pending flow
The median tracked ZIP records about 67 pending homes per 100 new listings.

How broad is rent softening?

Metro new-construction sales changed -13.12% year over year.

Sources and method

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

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