Dallas, TX County is currently experiencing a booming housing market. The median value of homes in the county is $302,600, which is significantly lower than the US house median value of $338,100. In addition to being more affordable, this area is also seeing higher than average appreciation with a 1-year appreciation rate of 17% compared to the US's 8.27%. These factors make Dallas, TX County an attractive option for those looking to purchase a home. With such strong market performance and competitive prices, it is no wonder that Dallas is one of the fastest growing real estate markets in the country.
The median home cost in Dallas County is $302,600. Home appreciation the last 10 years has been 153.4%. Home Appreciation in Dallas County is up 23.0%.
Average Age of Homes
- The median age of Dallas County real estate is 38 years old
The Rental Market in Dallas County
- Renters make up 43.6% of the Dallas County population
- 4.1% of houses and apartments in Dallas County, 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.