Housing in Lake Dallas, TX is doing well with a median value of $335,500. This is slightly lower than the US median value of $338,100 but has seen an impressive 15.66% appreciation rate in the past year compared to the US average of 8.27%. This indicates that Lake Dallas housing is outperforming the national average and offers great potential for potential buyers and investors alike.
The median home cost in Lake Dallas is $335,500. Home appreciation the last 10 years has been 159.8%. Home Appreciation in Lake Dallas is up 23.4%.
Average Age of Homes
- The median age of Lake Dallas real estate is 27 years old
The Rental Market in Lake Dallas
- Renters make up 35.3% of the Lake Dallas population
- 2.5% of houses and apartments in Lake 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.