Deep Ellum, Dallas, TX75226

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$286,000
8.1% YoY Growth
Median Household Income
$69,600
48.4% 5-Year Growth
Days on Market
116
20.0% Shorter than last year
Home Price Forecast
0.3%
Median Rent
$1,790
14.0% YoY Growth
1-Bed Rent
$1,670
12.8% YoY Growth
2-Bed Rent
$2,280
25.1% YoY Growth
3-Bed Rent
$3,280
38.4% YoY Growth

Property Listings — Deep Ellum, Dallas, TX

As of Aug '25 and according to Realtor.com, the median days on market for a home in Deep Ellum, Dallas, TX is 116. This is an decrease of -20.0% from last year. This indicates that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$572,00027.0%
Listing Count
9N/A
Listings as % of Homes0.1%N/A
Days on Market
116-20.0%
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Demographics — Deep Ellum, Dallas, TX

MetricLatest CensusYoY % Change
Population
5,0107.2%
% Under 18
8.7%-32.0%
% Under 5N/AN/A
% Seniors
5.7%18.8%
% WFH
17.7%190.2%
% w/ College Degree
37.9%40.4%
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Race and Ethnicity

MetricLatest Census5-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%
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Mortgage and Risk — Deep Ellum, Dallas, TX

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Deep Ellum, Dallas, TX in that year was 1. 100.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 96.0%. Of those, 100.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Deep Ellum, Dallas, TX. Investor activity in Deep Ellum, Dallas, TX is low, as 0.0% of all loans are originated by investors. In 2023, 0.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
1N/AN/A
% Conventional Loans
100.0%N/AN/A
% Government Loans
0.0%N/AN/A
% Investor Loans
0.0%N/AN/A
% Second Loans
0.0%N/AN/A
% Cash Out Refinance
0.0%N/AN/A
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Rentals and Section 8 — Deep Ellum, Dallas, TX

As of 2024, the percent of homes in Deep Ellum, Dallas, TX under the Section 8 program is 3.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

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 SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$70$1,670$1,740
2 Bedroom-$240$2,280$2,040
3 Bedroom-$720$3,280$2,560
4 BedroomN/AN/A$3,280

Affordability — Deep Ellum, Dallas, TX

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio4.5N/AN/A
Median Home Price$286,000N/AN/A
Median Household Income$69,600N/AN/A

Deep Ellum, Dallas, TX — ZIP Code Boundary Map

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