The story of this market
The typical home in ZIP 75240 sells for about $608,612, or $227 per square foot.
Prices are up +15.6% from a year ago, so sellers still have some momentum. Homes take about 32 days to sell. HUD's fair market rent for a two-bedroom is $1,600 a month.
ZIP 75240 — Dallas
The 75240 housing market is currently experiencing significant price appreciation with a 15.6% year-over-year increase in median sale price. Market activity remains competitive with a median of 32 days on market, though sales volume has declined compared to the previous year. Several metrics, including months of supply and specific tax data, are not currently published at the ZIP level.
Median prices moved up 15.6% year over year.
Homes spend a median of 32 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 97.4% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 75240, Dallas County TX
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
not determinable
- Great Wolf Lodge | Grapevine4.115.4 mi
- Meow Wolf Grapevine's The Real Unreal4.414.5 mi
- Andretti Indoor Karting & Games The Colony410.6 mi
- LEGOLAND® Discovery Center Dallas/Fort Worth3.914.6 mi
- Cidercade Dallas4.79.1 mi
- American Airlines Center4.69.8 mi
- Kay Bailey Hutchison Convention Center Dallas4.310.8 mi
- Texas Trust CU Theatre4.415.7 mi
- Meow Wolf Grapevine's The Real Unreal4.414.5 mi
- Fair Park4.510.8 mi
- The Dallas Arboretum and Botanical Garden4.78.7 mi
- The Dallas World Aquarium4.410.2 mi
- Perot Museum of Nature and Science4.710 mi
- Klyde Warren Park4.79.8 mi
- Cinemark Dallas XD and IMAX4.44.8 mi
- Perot Museum of Nature and Science4.710 mi
- Dallas Museum of Art4.79.9 mi
- Meow Wolf Grapevine's The Real Unreal4.414.5 mi
- Fair Park4.510.8 mi
- The Sixth Floor Museum at Dealey Plaza4.610.5 mi
- The Dallas Arboretum and Botanical Garden4.78.7 mi
- Klyde Warren Park4.79.8 mi
- Fair Park4.510.8 mi
- Arbor Hills Nature Preserve4.88.6 mi
- John F. Kennedy Memorial Plaza4.510.5 mi
- Corinthian Sailing Club4.67.4 mi
- Topgolf Dallas4.45.1 mi
- Topgolf The Colony4.410.9 mi
- Brookhaven Country Club4.44 mi
- Puttery4.510.6 mi
- Golf Ranch Richardson4.75.5 mi
- Galleria Dallas4.51.4 mi
- NorthPark Center4.64.5 mi
- Stonebriar Centre4.511.7 mi
- Legacy West4.710.5 mi
- Dallas Farmers Market4.510.6 mi
- Dallas Fort Worth International Airport4.114.4 mi
- Dallas Love Field4.46.8 mi
- Arlington Memorial Hospital Heliport4.422.5 mi
- Capital One Lounge at DFW414.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).
Governs Edmonds Ranch
Governs Del Webb at Legacy Hills
Governs Benson Place
90-day research cycle · governing documents remain with their official custodians — the association, its management portal or the county clerk's recording.