In the 75220 zip code of Dallas, TX, the median housing value is $419,900. This is significantly higher than the national median value of $338,100 and reflects the growing trend in real estate across the area. Over the past year, appreciation for housing throughout Dallas has been 13.78%, much higher than the national average of 8.27%. With such high appreciation rates and a relatively low median home sale price compared to other cities in Texas, 75220 Dallas is an attractive option for anyone looking to invest in housing or purchase their first home.
The median home cost in Dallas (zip 75220) is $419,900. Home appreciation the last 10 years has been 146.5%. Home Appreciation in Dallas (zip 75220) is up 22.5%.
Average Age of Homes
- The median age of Dallas (zip 75220) real estate is 49 years old
The Rental Market in Dallas (zip 75220)
- Renters make up 60.1% of the Dallas (zip 75220) population
- 4.5% of houses and apartments in Dallas (zip 75220), 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.