75211
Dallas, Texas

The 75211 market shows clear signs of buyer advantage with a median sale price of $255,000, down 13.0% year-over-year. Homes are sitting for an average of 76.5 days, well above the typical equilibrium range of 30-45 days that signals balanced conditions. Only 16% of properties are selling above list price, indicating sellers have limited pricing power and must compete on value rather than scarcity.

This environment favors patient buyers with financing secured, particularly first-time purchasers or value-oriented investors seeking entry points below recent peak prices. The 76-day absorption rate allows for thorough due diligence and negotiation leverage on price, repairs, or closing costs. Sellers facing time constraints or overleveraged investors are disadvantaged, as the 13% annual decline suggests pressure to price aggressively or risk extended marketing periods.

The PropIQ score of 60 signals continued caution, suggesting downward price pressure has not fully stabilized. Buyers should monitor whether days-on-market begins contracting below 70 days and if the percentage selling above list rises toward 25%, both indicating demand recovery. Until inventory absorption accelerates or price declines moderate to single digits, the data points to a market still searching for a floor rather than approaching a rebound.