Southern Dallas, Dallas, TX—75216
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Southern Dallas, Dallas, TX
Home Price Trends — Southern Dallas, Dallas, TX
As of Oct '25, the median home price in Southern Dallas, Dallas, TX is $169,000, with a year-over-year change of -7.3%. This indicates that home prices in Southern Dallas, 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 | $169,000 | -7.3% |
| Single Family | $169,000 | -7.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $118,000 | 0.9% |
2 Bed | $144,000 | -6.5% |
3 Bed | $184,000 | -7.5% |
4 Bed | $257,000 | -4.5% |
| 5 Bed | $254,000 | -3.4% |
% of Housing Stock
Rental Trends — Southern Dallas, Dallas, TX
As of July '25, Rentcast reports the average rent in Southern Dallas, Dallas, TX is $1,650, with a year-over-year rent change of -17.9%. Per bedroom, the median rent as of July '25 in Southern Dallas, Dallas, TX is studios: $921, 1-bedrooms: $977, 2-bedrooms: $1,230, 3-bedrooms: $1,920, 4-bedrooms: $2,260. The most common rental property sizes in Southern Dallas, Dallas, TX are 2-bedroom and 3-bedroom, accounting for 46.9% and 31.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,650 |
| Studio Rent | $792 | $921 |
| 1 Bed Rent | $950 | $977 |
| 2 Bed Rent | $1,150 | $1,230 |
| 3 Bed Rent | $1,900 | $1,920 |
| 4 Bed Rent | $2,200 | $2,260 |
% of Rental Stock
Property Listings — Southern Dallas, Dallas, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Southern Dallas, Dallas, TX is 52. This is a increase 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $260,000 | -6.0% |
Listing Count | 196 | -7.0% |
| Listings as % of Homes | 0.6% | -7.0% |
Days on Market | 52 | 1.0% |
Demographics — Southern Dallas, Dallas, TX
As of the latest ACS Survey released in 2023, Southern Dallas, Dallas, TX has a population of 54,600, which has remained stable by 0.7% over the past 5 years. Southern Dallas, Dallas, TX is a popular place for families, as children make up 30.8% of the population. The area has a poorly educated workforce, with 9.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 54,600 | 0.7% |
% Under 18 | 30.8% | 5.8% |
% Seniors | 13.5% | 1.5% |
% WFH | 5.9% | 136.0% |
% w/ College Degree | 9.1% | 44.4% |
As of the latest ACS Survey released in 2023, Southern Dallas, Dallas, TX is a predominantly black area, with 52.1% of the population identifying as black. The black population has shrunk by 8.1% in the last 5 years. The second most common race or ethnicity in Southern Dallas, Dallas, TX is hispanic, making up 43.9% of the population. Foreign-born residents account for 17.3% of the population in Southern Dallas, Dallas, TX, and this percentage has increased by 12.3% 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 | 3.3% | 22.2% |
% Black | 52.1% | -8.1% |
% Hispanic | 43.9% | 9.5% |
% Asian | 0.3% | ∞% |
% Foreign Born | 17.3% | 12.3% |
Mortgage and Risk — Southern Dallas, Dallas, TX
According to HUD data as of 2023, there were 505 mortgage originations in Southern Dallas, Dallas, TX, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 58.0% above 90% LTV (very high). This implies large mortgage risk in Southern Dallas, Dallas, TX. Investor activity is low, as 4.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 505 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Southern Dallas, Dallas, TX
As of 2024, the percent of homes in Southern Dallas, 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Southern Dallas, 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 | 933 |
Total Units Section 8 | 932 |
% Rentals under Section 8 | 11.7% |
% Occupied Section 8 | 85.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $160 | $950 | $1,110 |
| 2 Bedroom | $150 | $1,150 | $1,300 |
| 3 Bedroom | -$270 | $1,900 | $1,630 |
| 4 Bedroom | -$110 | $2,200 | $2,090 |
Affordability — Southern Dallas, Dallas, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $169,000 |
| Median Household Income | $37,600 |