75428
Dallas, Texas

The 75428 market shows cooling conditions with a median sale price of $220,000, down 3.9% year-over-year as of February 2026. Homes are sitting significantly longer than regional averages at 106 days on market, while only 22% of properties are closing above asking price. This represents a clear shift from the seller-dominated conditions that characterized the broader Dallas market through 2024, with current inventory absorption rates pointing to increased negotiating leverage for purchasers.

Price-sensitive buyers gain structural advantages in this environment, with 106-day market times creating pressure points for motivated sellers facing carrying costs. The 22% above-ask closure rate means nearly four in five transactions settle at or below list price, enabling stronger inspection and concession negotiations. Investors seeking cash-flow properties may find entry points below replacement cost, though the negative 3.9% price trajectory requires careful underwriting of hold-period assumptions and exit timing given current depreciation velocity.

The PropIQ score of 56 signals caution rather than distress, suggesting stabilization rather than freefall but warranting defensive positioning. Key forward indicators include whether days-on-market extends beyond 120 days, which would indicate deeper liquidity issues, and whether the percentage of above-list sales drops below 20%, confirming buyer market entrenchment. The negative price momentum requires monitoring employment data and mortgage rate movements that could either accelerate the decline or establish a pricing floor through spring 2026.