75009
Dallas, Texas

The 75009 market has entered a pronounced correction phase, with the median sale price reaching $485,000 after declining 18.9% year-over-year through February 2026. Properties are averaging 138 days on market, more than triple the velocity seen during peak conditions, while only 7% of homes are commanding above-list offers. This combination of extended marketing periods and steep price depreciation indicates a fundamental shift from seller to buyer control in this Dallas submarket.

Patient buyers with secure financing hold the strongest negotiating position in current conditions, as the 138-day average DOM provides substantial leverage for inspection contingencies and price concessions. Cash investors targeting long-term appreciation may find entry points, though the 18.9% decline suggests caution on near-term value recovery. Sellers face considerable headwinds and should expect extended timelines and potential further price adjustments, particularly if carrying costs create urgency.

The PropIQ score of 55 signals continued market uncertainty, suggesting stabilization has not yet materialized in this ZIP code. The low 7% above-list ratio indicates minimal competitive pressure that could persist through 2026 if inventory remains elevated relative to demand. Monitoring month-over-month DOM trends and inventory absorption rates will be critical to identifying whether the market is establishing a new pricing floor or remains in active decline.