ZIP 75116 Housing Market Report
Dallas Metro
Report period: March 2026
75116 Monthly Market Update – March 2026
ZIP 75116 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$275,000
0.0%
Median DOM (Sales)
58
+20.8%
New Listings (Sales)
3
−75.0%
Median Rent
$1,895
+5.3%
Median DOM (Rental)
28
−17.6%
Total Rental Listings
35
+16.7%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Land (30 DOM)
- Fastest renting: Townhouse (1 DOM)
- Strongest bedroom: 5 Beds ($510,000 median)
Sales Market Overview
Median Price
$275,000
0.0%
Median DOM
58
+20.8%
New Listings
3
−75.0%
Inventory
54
+1.9%
- Average Price: $298,959
- Median Price: $275,000
- Price Range: $67,500 – $669,900
- Price per Sq Ft (Avg/Median): $168 / $165
- Square Footage (Avg/Median): 1,961 / 1,727
- Square Footage Range: 950 – 4,540
- Days on Market (Avg/Median): 84 / 58
- Days on Market Range: 6 – 305
- New Listings: 3
- Total Listings: 54
Sales by Property Type
Condo
Avg/Median Price$141,998 / $119,995Range$119,995 – $164,000Price per Sq Ft$136 / $122Sq Ft1,036 / 984DOM87 / 60New0Total2
Land
Avg/Median Price$155,600 / $80,000Range$67,500 – $450,000Price per Sq Ft—Sq Ft—DOM61 / 30New0Total5
Single Family
Avg/Median Price$320,889 / $295,000Range$174,000 – $669,900Price per Sq Ft$169 / $167Sq Ft2,001 / 1,765DOM87 / 58New3Total47
Sales by Bedroom Count
2 Beds
Avg:$159,997Median:$119,995Range:$119,995 – $199,999PSF:$164 / $122Sq Ft:976 / 968DOM:94 / 75New:0Total:2
3 Beds
Avg:$262,300Median:$250,000Range:$164,000 – $429,900PSF:$177 / $176Sq Ft:1,550 / 1,404DOM:75 / 56New:3Total:28
4 Beds
Avg:$374,107Median:$365,000Range:$200,000 – $589,000PSF:$154 / $163Sq Ft:2,493 / 2,572DOM:103 / 70New:0Total:15
5 Beds
Avg:$522,450Median:$510,000Range:$249,900 – $669,900PSF:$156 / $136Sq Ft:3,338 / 2,942DOM:110 / 28New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $159,997 | $119,995 | $119,995 – $199,999 | $164 / $122 | 976 / 968 | 94 / 75 | 0 | 2 |
| 3 Beds | $262,300 | $250,000 | $164,000 – $429,900 | $177 / $176 | 1,550 / 1,404 | 75 / 56 | 3 | 28 |
| 4 Beds | $374,107 | $365,000 | $200,000 – $589,000 | $154 / $163 | 2,493 / 2,572 | 103 / 70 | 0 | 15 |
| 5 Beds | $522,450 | $510,000 | $249,900 – $669,900 | $156 / $136 | 3,338 / 2,942 | 110 / 28 | 0 | 4 |
Rental Market Overview
Median Rent
$1,895
+5.3%
Median DOM
28
−17.6%
New Listings
11
Inventory
35
+16.7%
- Average Rent: $1,870
- Median Rent: $1,895
- Rent Range: $890 – $3,999
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,538 / 1,252
- Square Footage Range: 600 – 5,488
- Days on Market (Avg/Median): 57 / 28
- Days on Market Range: 1 – 325
- New Listings: 11
- Total Listings: 35
Rentals by Property Type
Apartment
$1,189
Median DOM: 41
Inventory: 11
MoM: +5.3%
Condo
—
Median DOM: —
Inventory: —
MoM: +5.3%
Single Family
$2,000
Median DOM: 28
Inventory: 22
MoM: +5.3%
Townhouse
$1,750
Median DOM: 1
Inventory: 2
MoM: +5.3%
Apartment
Avg/Median Rent$1,376 / $1,189Range$890 – $2,095Rent per Sq Ft$2 / $2Sq Ft923 / 780DOM63 / 41New4Total11
Single Family
Avg/Median Rent$2,125 / $2,000Range$1,000 – $3,999Rent per Sq Ft$1 / $1Sq Ft1,857 / 1,564DOM59 / 28New7Total22
Townhouse
Avg/Median Rent$1,772 / $1,750Range$1,750 – $1,795Rent per Sq Ft$1 / $1Sq Ft1,416 / 1,411DOM1 / 1New0Total2
Rentals by Bedroom Count
1 Beds
Avg:$1,043Median:$1,000Range:$890 – $1,249PSF:$1 / $1Sq Ft:1,366 / 689DOM:154 / 120New:1Total:7
2 Beds
Avg:$1,150Median:$1,150Range:$1,150 – $1,150PSF:$1 / $1Sq Ft:926 / 926DOM:10 / 10New:1Total:1
3 Beds
Avg:$1,961Median:$1,900Range:$1,525 – $2,500PSF:$1 / $1Sq Ft:1,406 / 1,226DOM:47 / 28New:6Total:19
4 Beds
Avg:$2,247Median:$2,100Range:$1,750 – $3,200PSF:$1 / $1Sq Ft:1,982 / 1,578DOM:28 / 5New:2Total:7
5 Beds
Avg:$3,999Median:$3,999Range:$3,999 – $3,999PSF:$1 / $1Sq Ft:2,766 / 2,766DOM:1 / 1New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,043 | $1,000 | $890 – $1,249 | $1 / $1 | 1,366 / 689 | 154 / 120 | 1 | 7 |
| 2 Beds | $1,150 | $1,150 | $1,150 – $1,150 | $1 / $1 | 926 / 926 | 10 / 10 | 1 | 1 |
| 3 Beds | $1,961 | $1,900 | $1,525 – $2,500 | $1 / $1 | 1,406 / 1,226 | 47 / 28 | 6 | 19 |
| 4 Beds | $2,247 | $2,100 | $1,750 – $3,200 | $1 / $1 | 1,982 / 1,578 | 28 / 5 | 2 | 7 |
| 5 Beds | $3,999 | $3,999 | $3,999 – $3,999 | $1 / $1 | 2,766 / 2,766 | 1 / 1 | 1 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$286,800Median DOM:58New:15Total:67
Nov 2025
Median Price:$281,000Median DOM:57New:11Total:66
Dec 2025
Median Price:$281,000Median DOM:80New:4Total:56
Jan 2026
Median Price:$275,000Median DOM:70New:15Total:56
Feb 2026
Median Price:$275,000Median DOM:48New:12Total:53
Mar 2026
Median Price:$275,000Median DOM:58New:3Total:54
6-Month Rental Trend
Oct 2025
Median Rent:$1,595Median DOM:50New:3Total:28
Nov 2025
Median Rent:$1,595Median DOM:52New:4Total:26
Dec 2025
Median Rent:$1,899Median DOM:56New:5Total:27
Jan 2026
Median Rent:$1,800Median DOM:27New:10Total:33
Feb 2026
Median Rent:$1,800Median DOM:34New:11Total:30
Mar 2026
Median Rent:$1,895Median DOM:28New:11Total:35
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, while total rental inventory increased.
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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