Highland Park is back in the driver’s seat of the Dallas-Fort Worth luxury housing scene, with ZIP code 75205 reclaiming the top spot among the region’s hottest high-end markets. Long tied to sprawling estates, tree-lined streets and Highland Park Village, 75205 led the luxury pack in the fourth quarter as tight inventory and deep-pocketed buyers pushed the Park Cities back into prime time for trophy-home hunters.
The ranking comes from a fourth-quarter analysis by the Dallas Business Journal, which used mortgage and listing data compiled by Intercontinental Exchange and scored ZIP codes based on sales and price momentum. To even make the luxury list, a ZIP code needed an average sale price of at least $1.5 million and a minimum of 10 sales in the quarter. As reported by WFAA, Highland Park’s 75205 took first place in DFW, Southlake’s 76092 landed in second, downtown and uptown Dallas (75201) claimed third and University Park’s 75225 rounded out the top four.
DFW Still Dominates The State’s High End
Dallas-Fort Worth continues to set the pace for Texas’ ultra-luxury market, with a dense cluster of high-end listings and well-heeled buyers keeping the area’s priciest ZIP codes on the national radar. The Real Deal has reported that a notable share of the region’s luxury purchases close as all-cash deals, a pattern that shields the top tier from mortgage-rate swings and keeps bidding wars alive for marquee properties.
Numbers Behind 75205
The raw numbers help show why 75205 easily clears the luxury bar used in the rankings. The Zillow Home Value Index puts the typical home value in 75205 at about $2.03 million as of January 31, 2026, comfortably above the $1.5 million floor set for the Business Journals list. Data from Zillow also points to relatively low active inventory in the ZIP code, which means even a small number of closed sales can shift where 75205 lands in high-end leaderboards.
What Local Brokers Are Seeing
On the ground, local brokerages reported brisk, often off-market activity through 2025, keeping Highland Park hot even as other parts of the market cooled. The Dallas Morning News covered Park Cities firms posting record sales and highlighted broker comments that prices have largely stabilized while top-tier listings still draw heavy interest. That combination of steady demand, scarce supply and the occasional headline-grabbing estate helps explain why the Park Cities climbed back to No. 1.
For sellers, the new ranking is a reminder that Park Cities addresses still command serious pricing power. For buyers, it is a warning label that the market moves fast, with tough competition that often includes all-cash offers. How long Highland Park keeps its grip on the top spot will hinge on fresh inventory hitting the market and whether deep-pocketed buyers stay just as active heading into the spring selling season.
