75104
Dallas, Texas

The 75104 ZIP code shows a cooling trajectory with a median sale price of $332,250, down 7.7% year-over-year as of February 2026. Homes are moving at a moderate pace with an average 48 days on market, while only 16% of properties sell above asking price. This represents a significant shift from the heated conditions that characterized Dallas suburbs in previous years, signaling diminished competition and reduced urgency among buyers in this Cedar Hill area market.

Price-sensitive buyers gain the most leverage in this environment, with 84% of homes selling at or below list price and a 7.7% annual decline creating room for negotiation. Investors seeking cash flow over appreciation should exercise caution given the negative price trajectory, though the sub-50-day absorption rate prevents this from becoming a deeply distressed market. Sellers face pressure to price competitively from the start, as the 48-day marketing period and limited above-ask sales indicate diminished pricing power compared to tighter market conditions.

The PropIQ score of 60 signals caution rather than crisis, suggesting stabilization may occur before further deterioration. The key indicator to monitor is whether days on market extends beyond 60, which would confirm continued softening and potentially steeper price cuts. The 16% above-ask figure provides a floor of residual demand, but without inventory data on price reductions, buyers should verify whether listing volume is rising faster than absorption can support.