Old East Dallas, Dallas, TX75204

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$504,000
1.4% YoY Growth
Median Household Income
$93,000
24.8% 5-Year Growth
Days on Market
64
9.0% Longer than last year
Home Price Forecast
0.1%
Median Rent
$2,220
13.5% YoY Growth
1-Bed Rent
$1,910
12.0% YoY Growth
2-Bed Rent
$2,900
12.3% YoY Growth
3-Bed Rent
$4,000
8.8% YoY Growth

Other Zip Codes in Old East Dallas, Dallas, TX

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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$545,000-5.0%
Listing Count
23710.0%
Listings as % of Homes0.3%10.0%
Days on Market
649.0%
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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.

MetricLatest CensusYoY % Change
Population
33,6008.9%
% Under 18
7.4%-31.5%
% Seniors
5.1%-15.0%
% WFH
22.5%240.9%
% w/ College Degree
69.6%7.7%
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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

MetricLatest Census5-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%
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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

MetricZip 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

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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 SizeHUD PremiumMarket RentMax 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

MetricZip Code Average
Home Price to Income Ratio5.4
Median Home Price$504,000
Median Household Income$93,000

Old East Dallas, Dallas, TX — ZIP Code Boundary Map

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Frequently Asked Questions