Old East Dallas, Dallas, TX—75204
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Old East Dallas, Dallas, TX
Home Price Trends — Old East Dallas, Dallas, TX
As of Oct '25, the median home price in Old East Dallas, Dallas, TX is $504,000, with a year-over-year change of -1.4%. This indicates that home prices in Old East Dallas, Dallas, TX are decreasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $504,000 | -1.4% |
| Single Family | $551,000 | -2.5% |
| Condos | $440,000 | 0.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $252,000 | -4.2% |
2 Bed | $489,000 | -0.6% |
3 Bed | $658,000 | -2.1% |
4 Bed | $815,000 | -1.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Old East Dallas, Dallas, TX
As of July '25, Rentcast reports the average rent in Old East Dallas, Dallas, TX is $2,530, with a year-over-year rent change of 13.5%. Per bedroom, the median rent as of July '25 in Old East Dallas, Dallas, TX is studios: $1,520, 1-bedrooms: $1,960, 2-bedrooms: $3,010, 3-bedrooms: $4,310, 4-bedrooms: $6,620. The most common rental property sizes in Old East Dallas, Dallas, TX are 1-bedroom and 2-bedroom, accounting for 57.3% and 30.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,220 | $2,530 |
| Studio Rent | $1,580 | $1,520 |
| 1 Bed Rent | $1,910 | $1,960 |
| 2 Bed Rent | $2,900 | $3,010 |
| 3 Bed Rent | $4,000 | $4,310 |
| 4 Bed Rent | $6,180 | $6,620 |
% of Rental Stock
Property Listings — Old East Dallas, Dallas, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Old East Dallas, Dallas, TX is 64. This is a increase of 9.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $545,000 | -5.0% |
Listing Count | 237 | 10.0% |
| Listings as % of Homes | 0.3% | 10.0% |
Days on Market | 64 | 9.0% |
Demographics — Old East Dallas, Dallas, TX
As of the latest ACS Survey released in 2023, Old East Dallas, Dallas, TX has a population of 33,600, which has increased by 8.9% over the past 5 years. Old East Dallas, Dallas, TX is a less popular place for families, as children make up 7.4% of the population. The area has a highly educated workforce, with 69.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 33,600 | 8.9% |
% Under 18 | 7.4% | -31.5% |
% Seniors | 5.1% | -15.0% |
% WFH | 22.5% | 240.9% |
% w/ College Degree | 69.6% | 7.7% |
As of the latest ACS Survey released in 2023, Old East Dallas, Dallas, TX is a predominantly white area, with 55.0% of the population identifying as white. The white population has grown by 2.0% in the last 5 years. The second most common race or ethnicity in Old East Dallas, Dallas, TX is hispanic, making up 19.5% of the population. Foreign-born residents account for 15.6% of the population in Old East Dallas, Dallas, TX, and this percentage has decreased by 8.8% 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 | 55.0% | 2.0% |
% Black | 15.0% | 11.1% |
% Hispanic | 19.5% | -14.5% |
% Asian | 6.7% | -10.7% |
% Foreign Born | 15.6% | -8.8% |
Mortgage and Risk — Old East Dallas, Dallas, TX
According to HUD data as of 2023, there were 319 mortgage originations in Old East Dallas, Dallas, TX, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Old East Dallas, Dallas, TX. Investor activity is low, as 3.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 319 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Old East Dallas, Dallas, TX
As of 2024, the percent of homes in Old East Dallas, Dallas, TX under the Section 8 program is 4.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Old East Dallas, Dallas, TX, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,333 |
Total Units Section 8 | 750 |
% Rentals under Section 8 | 4.3% |
% Occupied Section 8 | 76.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $410 | $1,910 | $2,320 |
| 2 Bedroom | -$180 | $2,900 | $2,720 |
| 3 Bedroom | -$590 | $4,000 | $3,410 |
| 4 Bedroom | -$1,800 | $6,180 | $4,380 |
Affordability — Old East Dallas, Dallas, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $504,000 |
| Median Household Income | $93,000 |