The housing market in Dallas, TX (zip code 75202) is thriving. The median value of a house in this area is $294,100 which is slightly lower than the US median value of $338,100. However, the appreciation rate in Dallas has been much higher over the past year at 13.78%, compared to just 8.27% nationally. This shows that investing in real estate in this area can be a profitable endeavor and that there is strong demand for housing.
The median home cost in Dallas (zip 75202) is $294,100. Home appreciation the last 10 years has been 146.5%. Home Appreciation in Dallas (zip 75202) is up 22.5%.
Average Age of Homes
- The median age of Dallas (zip 75202) real estate is 44 years old
The Rental Market in Dallas (zip 75202)
- Renters make up 74.8% of the Dallas (zip 75202) population
- 5.0% of houses and apartments in Dallas (zip 75202), 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.