The median value of housing in 75227 Dallas, TX is $215,100. This is significantly lower than the national median value for housing at $338,100. However, the 1 year house appreciation for this area is 13.78%, which is higher than the US 1 year house appreciation at 8.27%. Overall, this area has seen an increase in the values of homes and it appears to be a valuable investment.
The median home cost in Dallas (zip 75227) is $215,100. Home appreciation the last 10 years has been 146.5%. Home Appreciation in Dallas (zip 75227) is up 22.5%.
Average Age of Homes
- The median age of Dallas (zip 75227) real estate is 45 years old
The Rental Market in Dallas (zip 75227)
- Renters make up 38.4% of the Dallas (zip 75227) population
- 2.4% of houses and apartments in Dallas (zip 75227), 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.