Far North Dallas, Dallas, TX—75252
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Far North Dallas, Dallas, TX
As of Oct '25, the median home price in Far North Dallas, Dallas, TX is $601,000, with a year-over-year change of -3.1%. This indicates that home prices in Far North Dallas, Dallas, TX are decreasing. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $601,000 | -3.1% |
| Single Family | $634,000 | -2.9% |
| Condos | $213,000 | -6.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $146,000 | -10.4% |
2 Bed | $295,000 | -5.8% |
3 Bed | $512,000 | -4.7% |
4 Bed | $711,000 | -2.5% |
| 5 Bed | $904,000 | -1.4% |
% of Housing Stock
Rental Trends — Far North Dallas, Dallas, TX
As of July '25, Rentcast reports the average rent in Far North Dallas, Dallas, TX is $1,740, with a year-over-year rent change of -11.7%. Per bedroom, the median rent as of July '25 in Far North Dallas, Dallas, TX is studios: $825, 1-bedrooms: $1,120, 2-bedrooms: $1,760, 3-bedrooms: $3,170, 4-bedrooms: $4,400. The most common rental property sizes in Far North Dallas, Dallas, TX are 1-bedroom and 2-bedroom, accounting for 50.0% and 30.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,220 | $1,740 |
| Studio Rent | $825 | $825 |
| 1 Bed Rent | $1,110 | $1,120 |
| 2 Bed Rent | $1,600 | $1,760 |
| 3 Bed Rent | $3,100 | $3,170 |
| 4 Bed Rent | $4,200 | $4,400 |
% of Rental Stock
Property Listings — Far North Dallas, Dallas, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Far North Dallas, Dallas, TX is 54. This is a decrease of -8.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $640,000 | -5.0% |
Listing Count | 112 | 12.0% |
| Listings as % of Homes | 0.3% | 12.0% |
Days on Market | 54 | -8.0% |
Demographics — Far North Dallas, Dallas, TX
As of the latest ACS Survey released in 2023, Far North Dallas, Dallas, TX has a population of 28,500, which has increased by 7.5% over the past 5 years. Far North Dallas, Dallas, TX is a moderately popular place for families, as children make up 18.6% of the population. The area has a highly educated workforce, with 64.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,500 | 7.5% |
% Under 18 | 18.6% | 14.1% |
% Seniors | 17.1% | 18.8% |
% WFH | 22.4% | 173.2% |
% w/ College Degree | 64.2% | 3.2% |
As of the latest ACS Survey released in 2023, Far North Dallas, Dallas, TX is a predominantly white area, with 51.4% of the population identifying as white. The white population has grown by 6.0% in the last 5 years. The second most common race or ethnicity in Far North Dallas, Dallas, TX is asian, making up 19.8% of the population. Foreign-born residents account for 29.1% of the population in Far North Dallas, Dallas, TX, and this percentage has decreased by 11.3% 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 | 51.4% | 6.0% |
% Black | 11.6% | 9.4% |
% Hispanic | 14.5% | -13.2% |
% Asian | 19.8% | 2.6% |
% Foreign Born | 29.1% | -11.3% |
Mortgage and Risk — Far North Dallas, Dallas, TX
According to HUD data as of 2023, there were 253 mortgage originations in Far North Dallas, Dallas, TX, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Far North Dallas, Dallas, TX. Investor activity is low, as 5.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 253 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Far North Dallas, Dallas, TX
As of 2024, the percent of homes in Far North Dallas, Dallas, TX under the Section 8 program is 0.5%. 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 units appear to be good home sizes to consider for Section 8 housing in Far North 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 | 80 |
Total Units Section 8 | 40 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | 70.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $420 | $1,110 | $1,530 |
| 2 Bedroom | $200 | $1,600 | $1,800 |
| 3 Bedroom | -$840 | $3,100 | $2,260 |
| 4 Bedroom | -$1,300 | $4,200 | $2,900 |
Affordability — Far North Dallas, Dallas, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.1 |
| Median Home Price | $601,000 |
| Median Household Income | $82,000 |