Pleasant Grove, Dallas, TX—75217
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pleasant Grove, Dallas, TX
As of Oct '25, the median home price in Pleasant Grove, Dallas, TX is $191,000, with a year-over-year change of -7.6%. This indicates that home prices in Pleasant Grove, Dallas, TX are decreasing. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $191,000 | -7.6% |
| Single Family | $191,000 | -8.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $127,000 | -4.5% |
2 Bed | $154,000 | -7.2% |
3 Bed | $196,000 | -8.0% |
4 Bed | $247,000 | -5.7% |
| 5 Bed | $282,000 | -4.4% |
% of Housing Stock
Rental Trends — Pleasant Grove, Dallas, TX
As of July '25, Rentcast reports the average rent in Pleasant Grove, Dallas, TX is $1,650, with a year-over-year rent change of -9.8%. Per bedroom, the median rent as of July '25 in Pleasant Grove, Dallas, TX is studios: $1,100, 1-bedrooms: $868, 2-bedrooms: $1,220, 3-bedrooms: $1,800, 4-bedrooms: $2,090. The most common rental property sizes in Pleasant Grove, Dallas, TX are 3-bedroom and 2-bedroom, accounting for 43.8% and 32.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $1,650 |
| Studio Rent | $1,100 | $1,100 |
| 1 Bed Rent | $850 | $868 |
| 2 Bed Rent | $1,150 | $1,220 |
| 3 Bed Rent | $1,780 | $1,800 |
| 4 Bed Rent | $2,000 | $2,090 |
% of Rental Stock
Property Listings — Pleasant Grove, Dallas, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Pleasant Grove, Dallas, TX is 75. This is a increase of 45.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $265,000 | -1.0% |
Listing Count | 141 | 3.0% |
| Listings as % of Homes | 0.4% | 3.0% |
Days on Market | 75 | 45.0% |
Demographics — Pleasant Grove, Dallas, TX
As of the latest ACS Survey released in 2023, Pleasant Grove, Dallas, TX has a population of 84,600, which has decreased by -2.7% over the past 5 years. Pleasant Grove, Dallas, TX is a popular place for families, as children make up 35.1% of the population. The area has a poorly educated workforce, with 6.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 84,600 | -2.7% |
% Under 18 | 35.1% | 2.6% |
% Seniors | 8.5% | 18.1% |
% WFH | 2.3% | 15.0% |
% w/ College Degree | 6.2% | 47.6% |
As of the latest ACS Survey released in 2023, Pleasant Grove, Dallas, TX is a predominantly hispanic area, with 72.8% of the population identifying as hispanic. The hispanic population has grown by 5.1% in the last 5 years. The second most common race or ethnicity in Pleasant Grove, Dallas, TX is black, making up 20.2% of the population. Foreign-born residents account for 30.1% of the population in Pleasant Grove, Dallas, TX, and this percentage has decreased by 0.7% 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 | 5.5% | -5.2% |
% Black | 20.2% | -18.2% |
% Hispanic | 72.8% | 5.1% |
% Asian | 0.8% | 300.0% |
% Foreign Born | 30.1% | -0.7% |
Mortgage and Risk — Pleasant Grove, Dallas, TX
According to HUD data as of 2023, there were 427 mortgage originations in Pleasant Grove, Dallas, TX, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Pleasant Grove, Dallas, TX. Investor activity is low, as 3.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 427 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Pleasant Grove, Dallas, TX
As of 2024, the percent of homes in Pleasant Grove, Dallas, TX under the Section 8 program is 13.5%. 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 and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Pleasant Grove, Dallas, TX, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,254 |
Total Units Section 8 | 1,174 |
% Rentals under Section 8 | 13.5% |
% Occupied Section 8 | 83.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $300 | $850 | $1,150 |
| 2 Bedroom | $200 | $1,150 | $1,350 |
| 3 Bedroom | -$90 | $1,780 | $1,690 |
| 4 Bedroom | $170 | $2,000 | $2,170 |
Affordability — Pleasant Grove, Dallas, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $191,000 |
| Median Household Income | $53,000 |