Deep Ellum, Dallas, TX—75226
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Deep Ellum, Dallas, TX
As of Oct '25, the median home price in Deep Ellum, Dallas, TX is $283,000, with a year-over-year change of -6.6%. This indicates that home prices in Deep Ellum, Dallas, TX are decreasing. According to Zillow, the 1-year price projection is -1.6%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $283,000 | -6.6% |
| Single Family | $323,000 | -3.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Deep Ellum, Dallas, TX
As of July '25, Rentcast reports the average rent in Deep Ellum, Dallas, TX is $1,950, with a year-over-year rent change of 14.0%. Per bedroom, the median rent as of July '25 in Deep Ellum, Dallas, TX is studios: $1,640, 1-bedrooms: $1,760, 2-bedrooms: $2,340, 3-bedrooms: $4,070. The most common rental property sizes in Deep Ellum, Dallas, TX are 1-bedroom and studio, accounting for 44.1% and 28.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,790 | $1,950 |
| Studio Rent | $1,590 | $1,640 |
| 1 Bed Rent | $1,670 | $1,760 |
| 2 Bed Rent | $2,280 | $2,340 |
| 3 Bed Rent | $3,280 | $4,070 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Deep Ellum, Dallas, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Deep Ellum, Dallas, TX is 81. This is a increase of 113.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $560,000 | 67.0% |
Listing Count | 11 | 25.0% |
| Listings as % of Homes | 0.1% | 25.0% |
Days on Market | 81 | 113.0% |
Demographics — Deep Ellum, Dallas, TX
As of the latest ACS Survey released in 2023, Deep Ellum, Dallas, TX has a population of 5,010, which has increased by 7.2% over the past 5 years. Deep Ellum, Dallas, TX is a less popular place for families, as children make up 8.7% of the population. The area has a moderately educated workforce, with 37.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,010 | 7.2% |
% Under 18 | 8.7% | -32.0% |
% Seniors | 5.7% | 18.8% |
% WFH | 17.7% | 190.2% |
% w/ College Degree | 37.9% | 40.4% |
As of the latest ACS Survey released in 2023, Deep Ellum, Dallas, TX is a predominantly white area, with 40.7% of the population identifying as white. The white population has grown by 15.6% in the last 5 years. The second most common race or ethnicity in Deep Ellum, Dallas, TX is black, making up 26.6% of the population. Foreign-born residents account for 13.3% of the population in Deep Ellum, Dallas, TX, and this percentage has decreased by 46.8% 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 | 40.7% | 15.6% |
% Black | 26.6% | 33.7% |
% Hispanic | 24.4% | -42.9% |
% Asian | 2.8% | 133.3% |
% Foreign Born | 13.3% | -46.8% |
Mortgage and Risk — Deep Ellum, Dallas, TX
According to HUD data as of 2023, there were 1 mortgage originations in Deep Ellum, Dallas, TX, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 96.0%, with 100.0% above 90% LTV (very high). This implies large mortgage risk in Deep Ellum, Dallas, TX. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Deep Ellum, Dallas, TX
Deep Ellum, Dallas, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 96 |
Total Units Section 8 | 96 |
% Rentals under Section 8 | 3.0% |
% Occupied Section 8 | 75.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $70 | $1,670 | $1,740 |
| 2 Bedroom | -$240 | $2,280 | $2,040 |
| 3 Bedroom | -$720 | $3,280 | $2,560 |
| 4 Bedroom | N/A | N/A | $3,280 |
Affordability — Deep Ellum, Dallas, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $283,000 |
| Median Household Income | $69,600 |