Zip 75248 (Dallas, TX) Housing

The housing market in 75248 Dallas, TX is booming right now. The median value of homes in this area is $546,800, which is significantly higher than the US median value of $338,100. This high median value is accompanied by an impressive one-year appreciation rate of 13.78%, which is more than the 8.27% appreciation rate seen in the US housing market as a whole. With such high values and appreciation rates, it's no surprise that people are investing in real estate in this area of Texas.

The median home cost in Dallas (zip 75248) is $546,800. Home appreciation the last 10 years has been 146.5%. Home Appreciation in Dallas (zip 75248) is up 22.5%.

Average Age of Homes

- The median age of Dallas (zip 75248) real estate is 39 years old

The Rental Market in Dallas (zip 75248)

- Renters make up 42.8% of the Dallas (zip 75248) population
- 5.2% of houses and apartments in Dallas (zip 75248), 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
	18,158.0	139,647,020.0
	42	42
	$546,800	$338,100
	22.5%	16.6%
	60.3%	57.0%
	146.5%	101.1%
	$16.61	$10.98
	$7,308	$2,690
	46.8%	57.4%
	10.2%	11.2%
	43.0%	31.4%
Vacant Housing
	5.2%	1.9%
	0.3%	0.4%
	1.6%	0.7%
	0.5%	0.4%
	0.1%	3.6%
	2.3%	4.1%
Value of Owner-Occupied Housing
	0.3%	2.6%
	0.2%	2.4%
	0.6%	2.8%
	0.7%	3.9%
	0.3%	4.5%
	6.8%	11.3%
	2.4%	13.0%
	7.1%	20.1%
	21.8%	13.6%
	24.9%	8.3%
	27.8%	9.7%
	3.6%	3.9%
	2.4%	2.2%
	0.7%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.0%	13.6%
	3.0%	13.6%
	8.1%	13.6%
	29.4%	13.2%
	40.2%	14.8%
	8.1%	13.6%
	1.0%	10.0%
	0.2%	4.7%
	0.0%	12.2%

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