Redbird, Dallas, TX—75236
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Redbird, Dallas, TX
As of Oct '25, the median home price in Redbird, Dallas, TX is $270,000, with a year-over-year change of -3.7%. This indicates that home prices in Redbird, Dallas, TX are decreasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $270,000 | -3.7% |
| Single Family | $276,000 | -3.5% |
| Condos | $114,000 | -7.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $153,000 | -5.0% |
3 Bed | $260,000 | -4.1% |
4 Bed | $329,000 | -1.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Redbird, Dallas, TX
As of July '25, Rentcast reports the average rent in Redbird, Dallas, TX is $1,920, with a year-over-year rent change of 3.8%. Per bedroom, the median rent as of July '25 in Redbird, Dallas, TX is 1-bedrooms: $1,170, 2-bedrooms: $1,520, 3-bedrooms: $2,180, 4-bedrooms: $2,640. The most common rental property sizes in Redbird, Dallas, TX are 2-bedroom and 1-bedroom, accounting for 34.5% and 32.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $1,920 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,120 | $1,170 |
| 2 Bed Rent | $1,460 | $1,520 |
| 3 Bed Rent | $2,000 | $2,180 |
| 4 Bed Rent | $2,300 | $2,640 |
% of Rental Stock
Property Listings — Redbird, Dallas, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Redbird, Dallas, TX is 66. This is a increase of 57.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $302,000 | -5.0% |
Listing Count | 30 | -10.0% |
| Listings as % of Homes | 0.3% | -10.0% |
Days on Market | 66 | 57.0% |
Demographics — Redbird, Dallas, TX
As of the latest ACS Survey released in 2023, Redbird, Dallas, TX has a population of 19,500, which has remained stable by 0.4% over the past 5 years. Redbird, Dallas, TX is a popular place for families, as children make up 33.5% of the population. The area has a poorly educated workforce, with 20.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,500 | 0.4% |
% Under 18 | 33.5% | 1.2% |
% Seniors | 7.9% | 29.5% |
% WFH | 9.3% | 257.7% |
% w/ College Degree | 20.2% | 19.5% |
As of the latest ACS Survey released in 2023, Redbird, Dallas, TX is a predominantly hispanic area, with 44.8% of the population identifying as hispanic. The hispanic population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in Redbird, Dallas, TX is black, making up 39.1% of the population. Foreign-born residents account for 19.7% of the population in Redbird, Dallas, TX, and this percentage has decreased by 10.5% 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 | 12.0% | 41.2% |
% Black | 39.1% | -5.3% |
% Hispanic | 44.8% | -4.5% |
% Asian | 0.9% | -59.1% |
% Foreign Born | 19.7% | -10.5% |
Mortgage and Risk — Redbird, Dallas, TX
According to HUD data as of 2023, there were 8 mortgage originations in Redbird, Dallas, TX, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Redbird, Dallas, TX. Investor activity is low, as 0.0% of loans were by investors. 50.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 8 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 50.0% |
Loan Activity
Rentals and Section 8 — Redbird, Dallas, TX
As of 2024, the percent of homes in Redbird, Dallas, TX under the Section 8 program is 11.6%. 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 and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Redbird, Dallas, TX, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 638 |
Total Units Section 8 | 514 |
% Rentals under Section 8 | 11.6% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $210 | $1,120 | $1,330 |
| 2 Bedroom | $100 | $1,460 | $1,560 |
| 3 Bedroom | -$50 | $2,000 | $1,950 |
| 4 Bedroom | $210 | $2,300 | $2,510 |
Affordability — Redbird, Dallas, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.6 |
| Median Home Price | $270,000 |
| Median Household Income | $49,100 |