Oak Cliff, Dallas, TX—75232
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Oak Cliff, Dallas, TX
Home Price Trends — Oak Cliff, Dallas, TX
As of Oct '25, the median home price in Oak Cliff, Dallas, TX is $235,000, with a year-over-year change of -5.6%. This indicates that home prices in Oak Cliff, Dallas, TX are decreasing. According to Zillow, the 1-year price projection is -1.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $235,000 | -5.6% |
| Single Family | $237,000 | -5.2% |
| Condos | $96,000 | 11.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $158,000 | -3.7% |
3 Bed | $237,000 | -5.2% |
4 Bed | $275,000 | -2.8% |
| 5 Bed | $328,000 | -3.2% |
% of Housing Stock
Rental Trends — Oak Cliff, Dallas, TX
As of July '25, Rentcast reports the average rent in Oak Cliff, Dallas, TX is $1,730, with a year-over-year rent change of -18.0%. Per bedroom, the median rent as of July '25 in Oak Cliff, Dallas, TX is 1-bedrooms: $865, 2-bedrooms: $1,500, 3-bedrooms: $2,020, 4-bedrooms: $2,070. The most common rental property sizes in Oak Cliff, Dallas, TX are 3-bedroom and 2-bedroom, accounting for 35.8% and 32.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,820 | $1,730 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $808 | $865 |
| 2 Bed Rent | $1,500 | $1,500 |
| 3 Bed Rent | $1,900 | $2,020 |
| 4 Bed Rent | $2,100 | $2,070 |
% of Rental Stock
Property Listings — Oak Cliff, Dallas, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Oak Cliff, Dallas, TX is 51. This is a increase of 11.0% 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 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $294,000 | -1.0% |
Listing Count | 92 | 15.0% |
| Listings as % of Homes | 0.4% | 15.0% |
Days on Market | 51 | 11.0% |
Demographics — Oak Cliff, Dallas, TX
As of the latest ACS Survey released in 2023, Oak Cliff, Dallas, TX has a population of 33,000, which has increased by 3.2% over the past 5 years. Oak Cliff, Dallas, TX is a popular place for families, as children make up 25.1% of the population. The area has a poorly educated workforce, with 21.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 33,000 | 3.2% |
% Under 18 | 25.1% | -4.9% |
% Seniors | 19.6% | 12.6% |
% WFH | 14.0% | 418.5% |
% w/ College Degree | 21.4% | 76.9% |
As of the latest ACS Survey released in 2023, Oak Cliff, Dallas, TX is a predominantly black area, with 48.7% of the population identifying as black. The black population has shrunk by 14.9% in the last 5 years. The second most common race or ethnicity in Oak Cliff, Dallas, TX is hispanic, making up 45.0% of the population. Foreign-born residents account for 16.8% of the population in Oak Cliff, Dallas, TX, and this percentage has increased by 20.9% 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 | 5.2% | -32.5% |
% Black | 48.7% | -14.9% |
% Hispanic | 45.0% | 29.7% |
% Asian | 0.1% | -50.0% |
% Foreign Born | 16.8% | 20.9% |
Mortgage and Risk — Oak Cliff, Dallas, TX
According to HUD data as of 2023, there were 256 mortgage originations in Oak Cliff, Dallas, TX, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 49.0% above 90% LTV (very high). This implies large mortgage risk in Oak Cliff, Dallas, TX. Investor activity is low, as 2.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 256 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 21.0% |
Loan Activity
Rentals and Section 8 — Oak Cliff, Dallas, TX
As of 2024, the percent of homes in Oak Cliff, Dallas, TX under the Section 8 program is 6.0%. 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. In Oak Cliff, Dallas, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 187 |
Total Units Section 8 | 187 |
% Rentals under Section 8 | 6.0% |
% Occupied Section 8 | 76.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $582 | $808 | $1,390 |
| 2 Bedroom | $130 | $1,500 | $1,630 |
| 3 Bedroom | $140 | $1,900 | $2,040 |
| 4 Bedroom | $520 | $2,100 | $2,620 |
Affordability — Oak Cliff, Dallas, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $235,000 |
| Median Household Income | $57,300 |