The housing market in Dallas, TX is thriving and has seen significant growth recently. The median value of a house in Dallas is $295,100, which is lower than the US median value of $338,100. However, over the past year, Dallas has seen a 13.78% appreciation in house values compared to the 8.27% appreciation rate for the nationwide average. This strong growth signals that Dallas is an attractive market to buy or invest in real estate.
The median home cost in Dallas is $295,100. Home appreciation the last 10 years has been 146.6%. Home Appreciation in Dallas is up 22.5%.
Average Age of Homes
- The median age of Dallas real estate is 41 years old
The Rental Market in Dallas
- Renters make up 50.7% of the Dallas population
- 5.3% of houses and apartments in Dallas, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.