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Alexander's Village Glen Oaks Lake Highlands Merriman Park North Merriman Park/University Manor Moss Farm Moss Meadows Oak Highlands Oak Tree Village University Terrace Urban Reserve Vickery Meadows (Vickery Meadow) Woodlands on the Creek

DALLAS, TX 75231

Real Estate Market Report
Balanced Market
July 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 75231

Alexander's Village · Glen Oaks · Lake Highlands · Merriman Park North · Merriman Park/University Manor · Moss Farm · Moss Meadows · Oak Highlands · Oak Tree Village · University Terrace · Urban Reserve · Vickery Meadows (Vickery Meadow) · Woodlands on the Creek

Market Analysis

Data as of July 2026. Source: Realtor.com.

The DALLAS, TX real estate market (75231) currently shows 188 active listings, with 27 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has increased compared to last year, with 25 more homes available — giving buyers more choice.

Homes are selling faster, averaging 60 days on market compared to 61 days last year.

The median listing price has risen 0.1% year-over-year, from $179,700 to $179,925.

Whether you are buying or selling in DALLAS, TX, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 39,158  ·  Density: 2,742.3/mi²  ·  Median household income: $50,603

Typical home value: $445,838  ·  Homeownership: 17.0%

Market Overview

Active Listings
188
⇧ 15.3% vs 163 last year
Pending
27
14% pending ratio
Median Price
$179,925
⇧ 0.1% vs $179,700 last year
Average Price
$334,437
⇧ 1.9% vs $328,314 last year
Days on Market
60
⇩ 1.6% vs 61 days last year

Price Per Square Foot

Median $/sqft
$176
⇩ 12.4% vs $201/sqft last year
Median Home Size
1,127 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 188 this year vs 163 last year
  • Days on market: 60 now vs 61 last year

Median & Average Pricing

Year over Year
  • Median: $179,925 (+0.1% YoY)
  • Average: $334,437 (+1.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.8 miles — 1,573 listings ($1,868,336,604 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
75231Dallas, TX 752310.0 mi141$42,352,311$181,500$300,371
75225Dallas, TX 752252.5 mi98$201,789,546$1,149,500$2,059,077
75230Dallas, TX 752303.0 mi191$315,418,737$899,000$1,651,407
75206Dallas, TX 752063.4 mi191$130,137,277$492,115$681,347
75205Dallas, TX 752053.9 mi73$385,915,376$2,490,000$5,286,512
75209Dallas, TX 752094.8 mi123$207,531,996$1,283,738$1,687,252
75228Dallas, TX 752285.4 mi204$76,911,264$355,000$377,016
75254Dallas, TX 752545.6 mi70$31,914,750$237,750$455,925
75041Garland, TX 750415.7 mi78$27,089,166$315,975$347,297
75219Dallas, TX 752195.9 mi277$236,481,271$530,750$853,723
75244Dallas, TX 752446.1 mi55$54,134,300$775,750$984,260
75226Dallas, TX 752266.7 mi5$2,495,000$572,000$499,000
75201Dallas, TX 752016.8 mi67$156,165,610$1,437,500$2,330,830

Frequently Asked Questions

How many homes are for sale in DALLAS, TX 75231?

As of July 2026, there are 188 active listings in DALLAS, TX (zip code 75231), compared to 163 the prior year.

What is the median home price in DALLAS, TX 75231?

The median listing price in DALLAS, TX 75231 is $179,925 as of July 2026, a 0.1% increase from $179,700 the prior year.

How long do homes stay on the market in DALLAS, TX?

Homes in DALLAS, TX 75231 spend an average of 60 days on the market before going under contract, compared to 61 days the prior year.

Is it a seller's or buyer's market in DALLAS, TX 75231?

Based on current inventory and days-on-market data as of July 2026, DALLAS, TX 75231 is currently a Balanced Market. Inventory has increased compared to last year, with 25 more homes available — giving buyers more choice. Homes are selling faster, averaging 60 days on market compared to 61 days last year.

How much can I save on real estate commission in DALLAS, TX?

With SELL123.com's maximum 3% commission, sellers in DALLAS, TX 75231 save an estimated $3,599 compared to a typical 5% commission on the median listing price of $179,925. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.