Zip 75231 (Dallas, TX) Housing

The housing market in 75231 Dallas, TX has been on an upward trend in the past year. The median value of houses in this area is $373,000, which is higher than the US median house value of $338,100. Furthermore, this area has seen a 13.78% increase in house prices over the last year, compared to the US average one-year appreciation rate of 8.27%. These figures reveal that the 75231 Dallas housing market has been strong and steadily increasing in recent years, making it a great option for prospective buyers and investors alike.

The median home cost in Dallas (zip 75231) is $373,000. Home appreciation the last 10 years has been 146.5%. Home Appreciation in Dallas (zip 75231) is up 22.5%.

Average Age of Homes

- The median age of Dallas (zip 75231) real estate is 39 years old

The Rental Market in Dallas (zip 75231)

- Renters make up 64.2% of the Dallas (zip 75231) population
- 12.6% of houses and apartments in Dallas (zip 75231), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Dallas, Texas	United States
	21,011.0	139,647,020.0
	43	42
	$373,000	$338,100
	22.5%	16.6%
	60.3%	57.0%
	146.5%	101.1%
	$15.83	$10.98
	$6,085	$2,690
	14.3%	57.4%
	16.5%	11.2%
	69.2%	31.4%
Vacant Housing
	12.6%	1.9%
	0.9%	0.4%
	1.0%	0.7%
	0.1%	0.4%
	0.1%	3.6%
	1.9%	4.1%
Value of Owner-Occupied Housing
	0.6%	2.6%
	1.7%	2.4%
	2.1%	2.8%
	6.6%	3.9%
	1.7%	4.5%
	7.0%	11.3%
	7.5%	13.0%
	11.6%	20.1%
	13.2%	13.6%
	17.2%	8.3%
	23.9%	9.7%
	5.6%	3.9%
	1.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	4.8%	13.6%
	4.8%	13.6%
	8.2%	13.6%
	18.9%	13.2%
	42.6%	14.8%
	8.2%	13.6%
	4.7%	10.0%
	0.2%	4.7%
	0.5%	12.2%

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