Fair Park, Dallas, TX—75210
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fair Park, Dallas, TX
As of Oct '25, the median home price in Fair Park, Dallas, TX is $137,000, with a year-over-year change of -11.1%. This indicates that home prices in Fair Park, Dallas, TX are decreasing. According to Zillow, the 1-year price projection is -1.4%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $137,000 | -11.1% |
| Single Family | $136,000 | -11.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $99,000 | -13.9% |
2 Bed | $114,000 | -13.0% |
3 Bed | $182,000 | -8.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fair Park, Dallas, TX
As of July '25, Rentcast reports the average rent in Fair Park, Dallas, TX is $1,810, with a year-over-year rent change of 2.3%. Per bedroom, the median rent as of July '25 in Fair Park, Dallas, TX is 1-bedrooms: $1,190, 2-bedrooms: $1,380, 3-bedrooms: $1,960, 4-bedrooms: $2,430. The most common rental property sizes in Fair Park, Dallas, TX are 2-bedroom and 3-bedroom, accounting for 64.9% and 22.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,680 | $1,810 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,180 | $1,190 |
| 2 Bed Rent | $1,350 | $1,380 |
| 3 Bed Rent | $1,700 | $1,960 |
| 4 Bed Rent | $2,350 | $2,430 |
% of Rental Stock
Property Listings — Fair Park, Dallas, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Fair Park, Dallas, TX is 60. This is a increase of 7.0% 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 4.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $265,000 | 7.0% |
Listing Count | 51 | 24.0% |
| Listings as % of Homes | 1.1% | 24.0% |
Days on Market | 60 | 7.0% |
Demographics — Fair Park, Dallas, TX
As of the latest ACS Survey released in 2023, Fair Park, Dallas, TX has a population of 7,460, which has decreased by -13.1% over the past 5 years. Fair Park, Dallas, TX is a popular place for families, as children make up 31.8% 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 3.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,460 | -13.1% |
% Under 18 | 31.8% | -1.5% |
% Seniors | 18.0% | 116.9% |
% WFH | 3.3% | 3.1% |
% w/ College Degree | 9.1% | 93.6% |
As of the latest ACS Survey released in 2023, Fair Park, Dallas, TX is a predominantly black area, with 56.0% of the population identifying as black. The black population has shrunk by 5.1% in the last 5 years. The second most common race or ethnicity in Fair Park, Dallas, TX is hispanic, making up 39.0% of the population. Foreign-born residents account for 23.3% of the population in Fair Park, Dallas, TX, and this percentage has increased by 15.9% 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 | 2.7% | 200.0% |
% Black | 56.0% | -5.1% |
% Hispanic | 39.0% | -2.3% |
% Asian | 1.6% | ∞% |
% Foreign Born | 23.3% | 15.9% |
Mortgage and Risk — Fair Park, Dallas, TX
According to HUD data as of 2023, there were 77 mortgage originations in Fair Park, Dallas, TX, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 87.0%, with 75.0% above 90% LTV (very high). This implies large mortgage risk in Fair Park, Dallas, TX. Investor activity is low, as 1.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 77 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Fair Park, Dallas, TX
As of 2024, the percent of homes in Fair Park, Dallas, TX under the Section 8 program is 3.3%. 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 Fair Park, Dallas, TX, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 305 |
Total Units Section 8 | 57 |
% Rentals under Section 8 | 3.3% |
% Occupied Section 8 | 76.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$130 | $1,180 | $1,050 |
| 2 Bedroom | -$120 | $1,350 | $1,230 |
| 3 Bedroom | -$160 | $1,700 | $1,540 |
| 4 Bedroom | -$370 | $2,350 | $1,980 |
Affordability — Fair Park, Dallas, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $137,000 |
| Median Household Income | $28,700 |