75002
Dallas, Texas
Dallas 75002 needs watching.
The 75002 ZIP code in Dallas, Texas has a median sale price of $438K, down -15.0% year-over-year. Homes spend an average of 68 days on market, with 12% of homes selling above list price.
Folio's PropIQ™ score of 55 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 75002.
The 75002 market is experiencing notable price compression, with the median sale price at $438,000 representing a 15% year-over-year decline. Homes are averaging 68 days on market, indicating slower absorption than peak periods. Only 12% of properties are selling above list price, confirming a shift toward buyer leverage. This pricing reset reflects broader market recalibration rather than isolated weakness, with sellers adjusting expectations after previous appreciation cycles.
Cost-conscious buyers gain significant negotiating advantage in this environment, particularly those willing to conduct extended property searches beyond the 68-day average DOM. The 12% above-ask rate means 88% of transactions close at or below listing price, favoring patient purchasers who can exploit the pricing decline. Investors seeking entry points may find value, though the 15% depreciation requires careful cash flow modeling. Sellers face headwinds and should price aggressively to avoid extending beyond the 68-day market average.
The PropIQ score of 55 signals caution, suggesting continued price discovery with limited near-term appreciation potential. Monitor whether days on market extends beyond 68 or the 12% above-ask rate deteriorates further, both indicating deepening buyer preference. The 15% annual decline may stabilize if inventory constraints emerge, but current data shows no inflection point. Wait for the PropIQ score to reach 65+ before expecting sustained price recovery or momentum shift.
What is the median home price in 75002 Dallas?
The median sale price in 75002 is $438K, down -15.0% year-over-year as of 2026-02-28.
How long do homes stay on the market in Dallas 75002?
Homes in 75002 Dallas spend an average of 68 days on market before going under contract.
Is Dallas 75002 a good place to invest in real estate?
Folio's PropIQ™ score for 75002 is 55/100 — a Caution signal. 12% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 75002?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 55 = Caution in 75002 Dallas, Texas.