75023
Dallas, Texas
Dallas 75023 needs watching.
The 75023 ZIP code in Dallas, Texas has a median sale price of $410K, down -7.7% year-over-year. Homes spend an average of 62 days on market, with 14% 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 75023.
The 75023 ZIP code shows clear cooling with a median sale price of $410,000, down 7.7% year-over-year as of February 2026. Homes are averaging 62 days on market, indicating reduced urgency among buyers compared to peak conditions. Only 14% of properties are selling above list price, a significant departure from competitive seller's markets where this figure typically exceeds 40%. The downward price trajectory and extended marketing periods reflect a fundamental shift in negotiating leverage.
This environment favors patient buyers with financing secured and flexible timelines to capitalize on the 62-day average market duration. Investors seeking cash-flow properties can negotiate more aggressively given that 86% of sales close at or below asking price. Sellers face headwinds and should focus on realistic pricing strategies rather than testing the market, as the 7.7% annual decline suggests overpriced listings will sit considerably longer than the 62-day average.
The PropIQ score of 55 signals continued caution, suggesting stabilization has not yet arrived in this market. The combination of negative price growth and modest buyer competition indicates further softening is probable before any recovery materializes. Monitoring monthly sales volume and whether days-on-market extends beyond 70 will confirm if this correction deepens or begins plateauing through spring 2026.
What is the median home price in 75023 Dallas?
The median sale price in 75023 is $410K, down -7.7% year-over-year as of 2026-02-28.
How long do homes stay on the market in Dallas 75023?
Homes in 75023 Dallas spend an average of 62 days on market before going under contract.
Is Dallas 75023 a good place to invest in real estate?
Folio's PropIQ™ score for 75023 is 55/100 — a Caution signal. 14% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 75023?
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 75023 Dallas, Texas.