Call or Text (240) SELL-123
Far North Dallas Inwood North Dallas Northwood Hills Platinum Corridor

DALLAS, TX 75240

Real Estate Market Report  ·  Dallas County
Balanced Market
April 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 75240

Far North Dallas · Inwood · North Dallas · Northwood Hills · Platinum Corridor

Market Analysis

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

The DALLAS, TX real estate market (75240) currently shows 69 active listings, with 13 pending sales. Homes are averaging 70 days on the market before going under contract.

Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 70 days on market compared to 37 days last year.

The median listing price has risen 41.6% year-over-year, from $426,250 to $603,500.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for DALLAS, TX 75240 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 26,058  ·  Density: 2,662.7/mi²  ·  Median household income: $51,607

Typical home value: $311,156  ·  Homeownership: 23.7%

Market Overview

Active Listings
69
⇩ 13.8% vs 80 last year
Pending
13
19% pending ratio
Median Price
$603,500
⇧ 41.6% vs $426,250 last year
Average Price
$925,517
⇧ 19.7% vs $773,011 last year
Days on Market
70
⇧ 89.2% vs 37 days last year

Price Per Square Foot

Median $/sqft
$276
⇧ 10% vs $251/sqft last year
Median Home Size
2,307 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 69 this year vs 80 last year
  • Days on market: 70 now vs 37 last year

Median & Average Pricing

Year over Year
  • Median: $603,500 (+41.6% YoY)
  • Average: $925,517 (+19.7% 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 7.6 miles — 1,459 listings ($2,099,656,384 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
75240Dallas, TX 752400.0 mi60$55,056,900$805,725$917,615
75230Dallas, TX 752302.1 mi191$315,418,737$899,000$1,651,407
75244Dallas, TX 752442.8 mi55$54,134,300$775,750$984,260
75001Addison, TX 750013.4 mi56$26,101,544$472,425$466,099
75231Dallas, TX 752314.4 mi141$42,352,311$181,500$300,371
75225Dallas, TX 752254.6 mi98$201,789,546$1,149,500$2,059,077
75229Dallas, TX 752295.1 mi125$329,626,875$1,300,000$2,637,015
75234Dallas, TX 752345.8 mi101$49,729,269$425,000$492,369
75209Dallas, TX 752096.1 mi123$207,531,996$1,283,738$1,687,252
75205Dallas, TX 752056.6 mi73$385,915,376$2,490,000$5,286,512
75042Garland, TX 750426.8 mi67$21,203,423$299,950$316,469
75206Dallas, TX 752067.0 mi191$130,137,277$492,115$681,347
75214Dallas, TX 752147.6 mi178$280,658,830$1,189,750$1,576,735

Frequently Asked Questions

How many homes are for sale in DALLAS, TX 75240?

As of April 2026, there are 69 active listings in DALLAS, TX (zip code 75240), compared to 80 the prior year.

What is the median home price in DALLAS, TX 75240?

The median listing price in DALLAS, TX 75240 is $603,500 as of April 2026, a 41.6% increase from $426,250 the prior year.

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

Homes in DALLAS, TX 75240 spend an average of 70 days on the market before going under contract, compared to 37 days the prior year.

Is it a seller's or buyer's market in DALLAS, TX 75240?

Based on current inventory and days-on-market data as of April 2026, DALLAS, TX 75240 is currently a Balanced Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 70 days on market compared to 37 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 75240 save an estimated $12,070 compared to a typical 5% commission on the median listing price of $603,500. 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.