75203 Home Values

Oak Cliff and the Cedars pack an unusual range of housing into one zip code. Century-old bungalows on deep lots sit a few blocks from brand-new three-story townhomes with rooftop decks and skyline views. Bishop Arts anchors the west side with walkable retail and a steady stream of new construction, while Cedar Crest to the south still has older ranch homes and large lots at entry-level pricing. Vacant land is actively trading.

Price per square foot in 75203 came in around $171 in the latest quarter — roughly 16% below the trailing annual average of $190 — signaling that recent closings are landing at a meaningful discount to the broader trend, based on MLS data for 2026-05 closings in 75203. The median sale settled near $328K, above the 12-month median, suggesting the mix skewed toward larger homes closing at softer per-foot values. Sellers gave back roughly four cents on the dollar at closing, and more than half of transactions included a concession averaging around $12K. Just under four in ten closed below list, while a thin slice — roughly one in eighteen — sold above asking.

The pipeline in 75203 points to a market that has decelerated sharply. With only a dozen contracts pending against 126 active listings, the absorption rate is among the weakest seen in this zip. Months of supply sits near 21 — roughly three times the Dallas County benchmark of about 7 — suggesting demand has pulled back well beyond seasonal norms. New listing activity has continued to feed the pool without a corresponding uptick in buyer commitments, and the directional data suggests near-term conditions will remain firmly tilted toward available supply outpacing contract activity.