75229
Dallas, Texas

The 75229 market is exhibiting moderate pricing power with a median sale price of $714,730, up 4.7% year-over-year as of February 2026. Properties are moving at a measured pace, averaging 41 days on market, while 20% of homes are commanding above-list prices. This one-in-five premium rate indicates selective competition rather than broad-based urgency, suggesting buyers are distinguishing between well-positioned properties and the rest of the available inventory in this Dallas submarket.

These conditions favor sellers with differentiated properties who can access the premium-paying 20% buyer segment, while patient purchasers willing to negotiate on the remaining 80% of inventory face reduced competition. The 41-day absorption period provides adequate time for due diligence without pressure, making this environment suitable for primary residence buyers rather than investors seeking rapid appreciation. Sellers who price accurately from listing should expect reasonable activity, though the 4.7% annual gain trails high-growth suburban alternatives.

The PropIQ score of 80 signals neutral-to-stable conditions with limited directional conviction for the next quarter. With only one-fifth of transactions exceeding ask, the market lacks momentum for accelerated price growth beyond the current single-digit pace. Monitoring the percentage of above-list sales and any expansion in days-on-market will indicate whether buyer selectivity intensifies or pricing power broadens across more properties in subsequent months.