ZIP 75040 Housing Market Report

Dallas Metro

Report period: March 2026

75040 Monthly Market Update – March 2026

ZIP 75040 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$299,000
+0.3%
Median DOM (Sales)
49
−9.3%
New Listings (Sales)
18
−63.3%
Median Rent
$2,000
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
427
−3.6%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (40 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 5 Beds ($449,900 median)

Sales Market Overview

Median Price
$299,000
+0.3%
Median DOM
49
−9.3%
New Listings
18
−63.3%
Inventory
211
+0.5%
  • Average Price: $319,136
  • Median Price: $299,000
  • Price Range: $94,500 – $2,000,000
  • Price per Sq Ft (Avg/Median): $187 / $188
  • Square Footage (Avg/Median): 1,718 / 1,584
  • Square Footage Range: 712 – 4,483
  • Days on Market (Avg/Median): 74 / 49
  • Days on Market Range: 1 – 306
  • New Listings: 18
  • Total Listings: 211

Sales by Property Type

Condo
Avg/Median Price$168,831 / $160,000Range$143,000 – $195,000Price per Sq Ft$157 / $147Sq Ft1,076 / 1,089DOM87 / 63New0Total6
Land
Avg/Median Price$489,312 / $120,000Range$94,500 – $2,000,000Price per Sq FtSq FtDOM168 / 96New0Total8
Single Family
Avg/Median Price$317,785 / $299,900Range$100,000 – $599,000Price per Sq Ft$188 / $189Sq Ft1,738 / 1,635DOM71 / 40New18Total194
Townhouse
Avg/Median Price$253,333 / $250,000Range$195,000 – $315,000Price per Sq Ft$156 / $147Sq Ft1,657 / 1,534DOM100 / 70New0Total3

Sales by Bedroom Count

2 Beds
Avg:$201,141Median:$195,000Range:$143,000 – $256,000PSF:$190 / $184Sq Ft:1,092 / 1,089DOM:99 / 63New:1Total:17
3 Beds
Avg:$292,566Median:$288,000Range:$165,000 – $539,000PSF:$192 / $191Sq Ft:1,542 / 1,467DOM:69 / 39New:10Total:120
4 Beds
Avg:$367,352Median:$369,900Range:$100,000 – $599,000PSF:$178 / $182Sq Ft:2,126 / 1,899DOM:73 / 42New:6Total:58
5 Beds
Avg:$448,700Median:$449,900Range:$299,999 – $579,900PSF:$165 / $163Sq Ft:2,722 / 2,700DOM:65 / 64New:1Total:8

Rental Market Overview

Median Rent
$2,000
0.0%
Median DOM
1
0.0%
New Listings
156
Inventory
427
−3.6%
  • Average Rent: $2,043
  • Median Rent: $2,000
  • Rent Range: $426 – $5,900
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,236 / 1,187
  • Square Footage Range: 306 – 3,554
  • Days on Market (Avg/Median): 42 / 1
  • Days on Market Range: 1 – 363
  • New Listings: 156
  • Total Listings: 427

Rentals by Property Type

Apartment
$1,869
Median DOM: 1
Inventory: 155
MoM: 0.0%
Condo
$2,425
Median DOM: 126
Inventory: 55
MoM: 0.0%
Single Family
$2,200
Median DOM: 7
Inventory: 203
MoM: 0.0%
Townhouse
$1,695
Median DOM: 36
Inventory: 6
MoM: 0.0%
Apartment
Avg/Median Rent$1,786 / $1,869Range$426 – $3,020Rent per Sq Ft$2 / $2Sq Ft1,071 / 1,157DOM24 / 1New74Total155
Condo
Avg/Median Rent$2,251 / $2,425Range$1,500 – $2,885Rent per Sq Ft$2 / $2Sq Ft1,042 / 1,007DOM114 / 126New0Total55
Multi-Family
Avg/Median Rent$1,577 / $1,500Range$1,350 – $1,900Rent per Sq Ft$1 / $2Sq Ft1,150 / 1,010DOM58 / 25New0Total8
Single Family
Avg/Median Rent$2,209 / $2,200Range$499 – $5,900Rent per Sq Ft$2 / $2Sq Ft1,419 / 1,345DOM33 / 7New81Total203
Townhouse
Avg/Median Rent$1,795 / $1,695Range$1,495 – $2,250Rent per Sq Ft$1 / $1Sq Ft1,230 / 1,089DOM77 / 36New1Total6

Rentals by Bedroom Count

Studio
Avg:$967Median:$1,000Range:$700 – $1,200PSF:$2 / $2Sq Ft:480 / 525DOM:183 / 29New:0Total:3
1 Beds
Avg:$1,595Median:$1,650Range:$426 – $2,180PSF:$2 / $2Sq Ft:763 / 758DOM:50 / 1New:31Total:94
2 Beds
Avg:$2,080Median:$2,035Range:$1,280 – $2,605PSF:$2 / $2Sq Ft:1,152 / 1,176DOM:30 / 1New:89Total:183
3 Beds
Avg:$2,197Median:$2,150Range:$1,200 – $3,020PSF:$2 / $1Sq Ft:1,454 / 1,398DOM:47 / 30New:29Total:106
4 Beds
Avg:$2,512Median:$2,495Range:$1,850 – $3,500PSF:$1 / $1Sq Ft:2,162 / 2,179DOM:52 / 38New:7Total:37
5 Beds
Avg:$3,308Median:$2,530Range:$1,950 – $5,900PSF:$2 / $1Sq Ft:2,118 / 2,165DOM:77 / 83New:0Total:4

6-Month Sales Trend

Oct 2025
Median Price:$299,950Median DOM:66New:46Total:280
Nov 2025
Median Price:$299,000Median DOM:73New:40Total:258
Dec 2025
Median Price:$299,000Median DOM:81New:25Total:225
Jan 2026
Median Price:$299,000Median DOM:78New:46Total:210
Feb 2026
Median Price:$298,000Median DOM:54New:49Total:210
Mar 2026
Median Price:$299,000Median DOM:49New:18Total:211

6-Month Rental Trend

Oct 2025
Median Rent:$1,925Median DOM:50New:45Total:255
Nov 2025
Median Rent:$1,955Median DOM:32New:71Total:276
Dec 2025
Median Rent:$1,985Median DOM:29New:136Total:376
Jan 2026
Median Rent:$1,993Median DOM:3New:224Total:463
Feb 2026
Median Rent:$2,000Median DOM:1New:224Total:443
Mar 2026
Median Rent:$2,000Median DOM:1New:156Total:427

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, while total rental inventory tightened.

Market data is only valuable if you act on it. With pricing stabilizing and days on market shifting, this is the type of environment where disciplined investors find their edge.

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