Greenway Parks, Dallas, TX—75209
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Greenway Parks, Dallas, TX
As of Oct '25, the median home price in Greenway Parks, Dallas, TX is $1,005,000, with a year-over-year change of 0.7%. This indicates that home prices in Greenway Parks, Dallas, TX are flat. 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 | $1,005,000 | 0.7% |
| Single Family | $1,151,000 | 1.2% |
| Condos | $242,000 | -4.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $155,000 | -7.7% |
2 Bed | $455,000 | -2.4% |
3 Bed | $944,000 | 0.1% |
4 Bed | $1,884,000 | 0.2% |
| 5 Bed | $2,428,000 | -0.3% |
% of Housing Stock
Rental Trends — Greenway Parks, Dallas, TX
As of July '25, Rentcast reports the average rent in Greenway Parks, Dallas, TX is $2,940, with a year-over-year rent change of 3.2%. Per bedroom, the median rent as of July '25 in Greenway Parks, Dallas, TX is studios: $1,260, 1-bedrooms: $1,570, 2-bedrooms: $2,370, 3-bedrooms: $4,020, 4-bedrooms: $8,000. The most common rental property sizes in Greenway Parks, Dallas, TX are 1-bedroom and 2-bedroom, accounting for 54.2% and 30.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,940 |
| Studio Rent | $1,290 | $1,260 |
| 1 Bed Rent | $1,500 | $1,570 |
| 2 Bed Rent | $1,940 | $2,370 |
| 3 Bed Rent | $3,800 | $4,020 |
| 4 Bed Rent | $7,500 | $8,000 |
% of Rental Stock
Property Listings — Greenway Parks, Dallas, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Greenway Parks, Dallas, TX is 45. This is a increase of 3.0% 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 | $1,460,000 | 19.0% |
Listing Count | 141 | -2.0% |
| Listings as % of Homes | 0.9% | -2.0% |
Days on Market | 45 | 3.0% |
Demographics — Greenway Parks, Dallas, TX
As of the latest ACS Survey released in 2023, Greenway Parks, Dallas, TX has a population of 14,400, which has increased by 1.2% over the past 5 years. Greenway Parks, Dallas, TX is a moderately popular place for families, as children make up 18.9% 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 21.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,400 | 1.2% |
% Under 18 | 18.9% | 6.8% |
% Seniors | 14.4% | 0.0% |
% WFH | 21.5% | 108.7% |
% w/ College Degree | 69.6% | 15.2% |
As of the latest ACS Survey released in 2023, Greenway Parks, Dallas, TX is a predominantly white area, with 66.1% of the population identifying as white. The white population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Greenway Parks, Dallas, TX is hispanic, making up 15.4% of the population. Foreign-born residents account for 11.4% of the population in Greenway Parks, Dallas, TX, and this percentage has increased by 11.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 66.1% | -0.9% |
% Black | 12.0% | -20.5% |
% Hispanic | 15.4% | 18.5% |
% Asian | 4.3% | 87.0% |
% Foreign Born | 11.4% | 11.8% |
Mortgage and Risk — Greenway Parks, Dallas, TX
According to HUD data as of 2023, there were 266 mortgage originations in Greenway Parks, Dallas, TX, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Greenway Parks, Dallas, TX. Investor activity is low, as 3.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 266 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Greenway Parks, Dallas, TX
As of 2024, the percent of homes in Greenway Parks, Dallas, TX under the Section 8 program is 0.6%. 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 and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Greenway Parks, Dallas, TX, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 16 |
Total Units Section 8 | 16 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $400 | $1,500 | $1,900 |
| 2 Bedroom | $290 | $1,940 | $2,230 |
| 3 Bedroom | -$1,010 | $3,800 | $2,790 |
| 4 Bedroom | -$3,910 | $7,500 | $3,590 |
Affordability — Greenway Parks, Dallas, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.3 |
| Median Home Price | $1,005,000 |
| Median Household Income | $126,000 |