75161
Dallas, Texas
Dallas 75161 needs watching.
The 75161 ZIP code in Dallas, Texas has a median sale price of $340K, down -18.9% year-over-year. Homes spend an average of 92 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 45 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 75161.
The 75161 market has experienced significant correction, with median sale prices at $340,000 representing an 18.9% year-over-year decline. Homes are averaging 91.5 days on market, well above the typical velocity threshold of 60 days that indicates balanced conditions. Buyer leverage has strengthened considerably—zero homes traded above asking price in the recent period, signaling a fundamental shift from the competitive dynamics that characterized previous years.
This environment favors cash-position buyers and patient investors seeking entry points below replacement cost. The 91.5-day average DOM creates negotiation windows that didn't exist when inventory moved faster. Sellers face challenging conditions and should prioritize those with genuine relocation needs or lifecycle transitions rather than speculative positioning. Buyers can structure offers with inspection contingencies and closing cost assistance that would have been rejected outright twelve months ago.
The PropIQ score of 45 reflects structural caution rather than temporary seasonal softness. This rating suggests continued price discovery over the next two quarters, with stabilization unlikely until absorption rates improve and DOM compress below 75 days. Monitor new listing velocity and the spread between list and sale prices—widening gaps indicate sellers haven't adjusted expectations to current buyer capacity, which would extend the correction timeline further.
What is the median home price in 75161 Dallas?
The median sale price in 75161 is $340K, down -18.9% year-over-year as of 2026-02-28.
How long do homes stay on the market in Dallas 75161?
Homes in 75161 Dallas spend an average of 92 days on market before going under contract.
Is Dallas 75161 a good place to invest in real estate?
Folio's PropIQ™ score for 75161 is 45/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 45 mean for 75161?
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 45 = Caution in 75161 Dallas, Texas.