Housing in 75216 Dallas, TX is on the rise with a median value of $176,700. This is significantly lower than the US House Median Value of $338,100, but the 1 year house appreciation rate in 75216 is an impressive 13.78%, much higher than the national average of 8.27%. With such a high growth rate and relatively low housing costs, 75216 is an ideal place for anyone looking to invest in real estate or purchase a house.
The median home cost in Dallas (zip 75216) is $176,700. Home appreciation the last 10 years has been 146.5%. Home Appreciation in Dallas (zip 75216) is up 22.5%.
Average Age of Homes
- The median age of Dallas (zip 75216) real estate is 58 years old
The Rental Market in Dallas (zip 75216)
- Renters make up 41.0% of the Dallas (zip 75216) population
- 5.0% of houses and apartments in Dallas (zip 75216), 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.