The housing market in 75241 Dallas, TX is unusually strong. The median value for housing in the area is $217,000 which is significantly lower than the US median of $338,100. However, house appreciation in 75241 Dallas has been higher than the national average at 13.78% over the last year compared to 8.27% nationally. This suggests that 75241 Dallas may be a desirable place to invest in real estate as it offers potential for capital gains.
The median home cost in Dallas (zip 75241) is $217,000. Home appreciation the last 10 years has been 146.5%. Home Appreciation in Dallas (zip 75241) is up 22.5%.
Average Age of Homes
- The median age of Dallas (zip 75241) real estate is 46 years old
The Rental Market in Dallas (zip 75241)
- Renters make up 33.7% of the Dallas (zip 75241) population
- 5.1% of houses and apartments in Dallas (zip 75241), 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.