Zip 75240 (Dallas, TX) Housing

The housing market in 75240 Dallas, TX is booming compared to the median US house value. The median house value in this area is $391,400, which is more than the US house median of $338,100. Over the last year, the house appreciation in this area has been 13.78%, significantly higher than the 8.27% appreciation nationwide. This indicates that Dallas housing market is thriving and continues to be a desirable place to live for those looking to invest or purchase a home in the area.

The median home cost in Dallas (zip 75240) is $391,400. Home appreciation the last 10 years has been 146.5%. Home Appreciation in Dallas (zip 75240) is up 22.5%.

Average Age of Homes

- The median age of Dallas (zip 75240) real estate is 41 years old

The Rental Market in Dallas (zip 75240)

- Renters make up 71.0% of the Dallas (zip 75240) population
- 7.7% of houses and apartments in Dallas (zip 75240), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Dallas, Texas	United States
	11,752.0	139,647,020.0
	45	42
	$391,400	$338,100
	22.5%	16.6%
	60.3%	57.0%
	146.5%	101.1%
	$19.70	$10.98
	$5,102	$2,690
	21.6%	57.4%
	13.0%	11.2%
	65.4%	31.4%
Vacant Housing
	7.7%	1.9%
	0.6%	0.4%
	0.7%	0.7%
	0.2%	0.4%
	0.0%	3.6%
	3.8%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	0.4%	2.4%
	0.5%	2.8%
	0.7%	3.9%
	5.8%	4.5%
	7.2%	11.3%
	16.8%	13.0%
	22.4%	20.1%
	10.4%	13.6%
	10.2%	8.3%
	10.6%	9.7%
	7.7%	3.9%
	3.7%	2.2%
	1.3%	0.8%
	2.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.1%	13.6%
	6.1%	13.6%
	14.6%	13.6%
	11.2%	13.2%
	35.9%	14.8%
	14.6%	13.6%
	2.7%	10.0%
	1.0%	4.7%
	0.7%	12.2%

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