The median value of a house in 75218 Dallas, TX is significantly higher than the US median value; standing at $491,800 compared to the US House Median Value of $338,100. Additionally, the 1 year House Appreciation for 75218 Dallas is much higher than the US average; it stands at 13.78% while the US average is only 8.27%. As such, one can conclude that real estate in 75218 Dallas is a popular and lucrative investment option due to its high appreciation rate and high median home values.
The median home cost in Dallas (zip 75218) is $491,800. Home appreciation the last 10 years has been 146.5%. Home Appreciation in Dallas (zip 75218) is up 22.5%.
Average Age of Homes
- The median age of Dallas (zip 75218) real estate is 57 years old
The Rental Market in Dallas (zip 75218)
- Renters make up 30.9% of the Dallas (zip 75218) population
- 3.5% of houses and apartments in Dallas (zip 75218), 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.