Cedars, Dallas, TX—75215
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cedars, Dallas, TX
As of Oct '25, the median home price in Cedars, Dallas, TX is $168,000, with a year-over-year change of -11.2%. This indicates that home prices in Cedars, Dallas, TX are decreasing. According to Zillow, the 1-year price projection is -1.3%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $168,000 | -11.2% |
| Single Family | $162,000 | -11.5% |
| Condos | $336,000 | -4.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $119,000 | -10.5% |
2 Bed | $132,000 | -11.4% |
3 Bed | $193,000 | -8.5% |
4 Bed | $260,000 | -3.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cedars, Dallas, TX
As of July '25, Rentcast reports the average rent in Cedars, Dallas, TX is $2,220, with a year-over-year rent change of 8.3%. Per bedroom, the median rent as of July '25 in Cedars, Dallas, TX is studios: $1,300, 1-bedrooms: $1,580, 2-bedrooms: $2,180, 3-bedrooms: $2,560, 4-bedrooms: $2,740. The most common rental property sizes in Cedars, Dallas, TX are 2-bedroom and 1-bedroom, accounting for 42.0% and 28.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,220 |
| Studio Rent | $1,250 | $1,300 |
| 1 Bed Rent | $1,400 | $1,580 |
| 2 Bed Rent | $2,230 | $2,180 |
| 3 Bed Rent | $2,200 | $2,560 |
| 4 Bed Rent | $2,300 | $2,740 |
% of Rental Stock
Property Listings — Cedars, Dallas, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Cedars, Dallas, TX is 59. This is a decrease of -4.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $285,000 | -6.0% |
Listing Count | 190 | 9.0% |
| Listings as % of Homes | 1.0% | 9.0% |
Days on Market | 59 | -4.0% |
Demographics — Cedars, Dallas, TX
As of the latest ACS Survey released in 2023, Cedars, Dallas, TX has a population of 18,800, which has increased by 12.9% over the past 5 years. Cedars, Dallas, TX is a moderately popular place for families, as children make up 22.1% of the population. The area has a poorly educated workforce, with 16.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,800 | 12.9% |
% Under 18 | 22.1% | -9.4% |
% Seniors | 12.1% | 2.5% |
% WFH | 8.0% | 45.5% |
% w/ College Degree | 16.7% | 28.5% |
As of the latest ACS Survey released in 2023, Cedars, Dallas, TX is a predominantly black area, with 59.2% of the population identifying as black. The black population has shrunk by 16.6% in the last 5 years. The second most common race or ethnicity in Cedars, Dallas, TX is hispanic, making up 25.2% of the population. Foreign-born residents account for 15.7% of the population in Cedars, Dallas, TX, and this percentage has increased by 29.8% 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 | 10.8% | 31.7% |
% Black | 59.2% | -16.6% |
% Hispanic | 25.2% | 21.7% |
% Asian | 0.1% | -50.0% |
% Foreign Born | 15.7% | 29.8% |
Mortgage and Risk — Cedars, Dallas, TX
According to HUD data as of 2023, there were 235 mortgage originations in Cedars, Dallas, TX, of which 52.0% of loans were conventional mortgages. The average loan-to-value was 84.0%, with 71.0% above 90% LTV (very high). This implies large mortgage risk in Cedars, Dallas, TX. Investor activity is low, as 4.0% 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 | 235 |
% Conventional Loans | 52.0% |
% Government Loans | 48.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Cedars, Dallas, TX
As of 2024, the percent of homes in Cedars, Dallas, TX under the Section 8 program is 11.7%. 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. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Cedars, Dallas, TX, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 853 |
Total Units Section 8 | 498 |
% Rentals under Section 8 | 11.7% |
% Occupied Section 8 | 76.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$160 | $1,400 | $1,240 |
| 2 Bedroom | -$770 | $2,230 | $1,460 |
| 3 Bedroom | -$370 | $2,200 | $1,830 |
| 4 Bedroom | $50 | $2,300 | $2,350 |
Affordability — Cedars, Dallas, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $168,000 |
| Median Household Income | $41,400 |