Downtown Dallas, Dallas, TX—75201
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Downtown Dallas, Dallas, TX
As of Oct '25, the median home price in Downtown Dallas, Dallas, TX is $963,000, with a year-over-year change of 2.8%. This indicates that home prices in Downtown Dallas, Dallas, TX are increasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $963,000 | 2.8% |
| Single Family | $744,000 | 1.8% |
| Condos | $1,166,000 | 4.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $411,000 | 0.0% |
2 Bed | $1,028,000 | 4.3% |
3 Bed | $1,147,000 | 3.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Downtown Dallas, Dallas, TX
As of July '25, Rentcast reports the average rent in Downtown Dallas, Dallas, TX is $2,750, with a year-over-year rent change of 4.6%. Per bedroom, the median rent as of July '25 in Downtown Dallas, Dallas, TX is studios: $2,110, 1-bedrooms: $2,150, 2-bedrooms: $3,710, 3-bedrooms: $5,270. The most common rental property sizes in Downtown Dallas, Dallas, TX are 1-bedroom and 2-bedroom, accounting for 50.0% and 30.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,290 | $2,750 |
| Studio Rent | $1,650 | $2,110 |
| 1 Bed Rent | $1,960 | $2,150 |
| 2 Bed Rent | $3,400 | $3,710 |
| 3 Bed Rent | $4,950 | $5,270 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Downtown Dallas, Dallas, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Downtown Dallas, Dallas, TX is 64. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,380,000 | 22.0% |
Listing Count | 96 | 16.0% |
| Listings as % of Homes | 0.3% | 16.0% |
Days on Market | 64 | -1.0% |
Demographics — Downtown Dallas, Dallas, TX
As of the latest ACS Survey released in 2023, Downtown Dallas, Dallas, TX has a population of 18,100, which has increased by 13.8% over the past 5 years. Downtown Dallas, Dallas, TX is a less popular place for families, as children make up 3.8% of the population. The area has a highly educated workforce, with 69.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,100 | 13.8% |
% Under 18 | 3.8% | -25.5% |
% Seniors | 5.5% | 1.9% |
% WFH | 22.8% | 185.0% |
% w/ College Degree | 69.4% | -9.6% |
As of the latest ACS Survey released in 2023, Downtown Dallas, Dallas, TX is a predominantly white area, with 57.8% of the population identifying as white. The white population has shrunk by 11.2% in the last 5 years. The second most common race or ethnicity in Downtown Dallas, Dallas, TX is black, making up 16.9% of the population. Foreign-born residents account for 10.0% of the population in Downtown Dallas, Dallas, TX, and this percentage has decreased by 18.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 57.8% | -11.2% |
% Black | 16.9% | 5.6% |
% Hispanic | 14.5% | 9.8% |
% Asian | 5.9% | 22.9% |
% Foreign Born | 10.0% | -18.7% |
Mortgage and Risk — Downtown Dallas, Dallas, TX
According to HUD data as of 2023, there were 92 mortgage originations in Downtown Dallas, Dallas, TX, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Downtown Dallas, Dallas, TX. Investor activity is low, as 7.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 92 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 7.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Downtown Dallas, Dallas, TX
Downtown Dallas, Dallas, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 727 |
Total Units Section 8 | 625 |
% Rentals under Section 8 | 5.7% |
% Occupied Section 8 | 75.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $450 | $1,960 | $2,410 |
| 2 Bedroom | -$570 | $3,400 | $2,830 |
| 3 Bedroom | -$1,400 | $4,950 | $3,550 |
| 4 Bedroom | N/A | N/A | $4,560 |
Affordability — Downtown Dallas, Dallas, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9 |
| Median Home Price | $963,000 |
| Median Household Income | $101,000 |