The housing market in 75231 Dallas, TX has been on an upward trend in the past year. The median value of houses in this area is $373,000, which is higher than the US median house value of $338,100. Furthermore, this area has seen a 13.78% increase in house prices over the last year, compared to the US average one-year appreciation rate of 8.27%. These figures reveal that the 75231 Dallas housing market has been strong and steadily increasing in recent years, making it a great option for prospective buyers and investors alike.
The median home cost in Dallas (zip 75231) is $373,000. Home appreciation the last 10 years has been 146.5%. Home Appreciation in Dallas (zip 75231) is up 22.5%.
Average Age of Homes
- The median age of Dallas (zip 75231) real estate is 39 years old
The Rental Market in Dallas (zip 75231)
- Renters make up 64.2% of the Dallas (zip 75231) population
- 12.6% of houses and apartments in Dallas (zip 75231), 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.