75235
Dallas, Texas

The 75235 market shows clear cooling with a median sale price of $377,500, down 8.4% year-over-year as of February 2026. Properties are averaging 88 days on market, significantly above the typical hot-market threshold of 30-45 days. Only 6% of homes are selling above list price, indicating buyers have regained negotiating leverage after years of seller dominance. This deceleration marks a fundamental shift from the post-pandemic appreciation cycle that characterized Dallas submarkets through 2024.

This environment favors patient buyers with financing secured and flexibility on timing. The 88-day marketing period allows for thorough due diligence and multiple property comparisons without competitive pressure. Investors seeking cash-flowing assets can negotiate below-ask purchases given the 94% of transactions closing at or under list price. Sellers face difficulty unless priced 3-5% below comparable sales, making this a poor exit point for those without relocation or liquidity pressures driving immediate disposition.

The PropIQ score of 55 signals continued caution through mid-2026, suggesting stabilization rather than further significant depreciation but no near-term recovery. Monitoring absorption rates and new listing velocity will indicate whether the 88-day DOM extends further or begins contracting. Employment data and mortgage rate movements in Q2 2026 will determine if this represents a pricing floor or a mid-cycle correction with additional downside remaining.