Casa Linda, Dallas, TX75228

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$279,000
6.5% YoY Growth
Median Household Income
$59,600
40.4% 5-Year Growth
Days on Market
52
9.0% Longer than last year
Home Price Forecast
-0.7%
Median Rent
$1,700
0.5% YoY Growth
1-Bed Rent
$931
0.7% YoY Growth
2-Bed Rent
$1,420
7.1% YoY Growth
3-Bed Rent
$2,050
3.1% YoY Growth

Property Listings — Casa Linda, Dallas, TX

As of Aug '25 and according to Realtor.com, the median days on market for a home in Casa Linda, Dallas, TX is 52. This is an increase of 9.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 55.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$360,000-1.0%
Listing Count
238N/A
Listings as % of Homes0.4%N/A
Days on Market
529.0%
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Demographics — Casa Linda, Dallas, TX

MetricLatest CensusYoY % Change
Population
69,300-5.9%
% Under 18
28.4%-0.7%
% Under 5N/AN/A
% Seniors
10.1%7.4%
% WFH
9.2%300.0%
% w/ College Degree
20.5%13.3%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
20.5%-14.2%
% Black
19.4%2.1%
% Hispanic
56.0%4.9%
% Asian
2.3%9.5%
% Foreign Born
28.1%1.8%
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Mortgage and Risk — Casa Linda, 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 Casa Linda, Dallas, TX in that year was 595. 83.0% 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 74.0%. Of those, 41.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Casa Linda, Dallas, TX. Investor activity in Casa Linda, Dallas, TX is low, as 4.0% of all loans are originated by investors. In 2023, 14.0% of all loans were cash-out refinances, suggesting many homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
595N/AN/A
% Conventional Loans
83.0%N/AN/A
% Government Loans
17.0%N/AN/A
% Investor Loans
4.0%N/AN/A
% Second Loans
1.0%N/AN/A
% Cash Out Refinance
14.0%N/AN/A
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Rentals and Section 8 — Casa Linda, Dallas, TX

As of 2024, the percent of homes in Casa Linda, Dallas, TX under the Section 8 program is 12.2%. 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
1,366
Total Units Section 8
1,345
% Rentals under Section 8
12.2%
% Occupied Section 8
84.2%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$369$931$1,300
2 Bedroom$110$1,420$1,530
3 Bedroom-$130$2,050$1,920
4 Bedroom$60$2,400$2,460

Affordability — Casa Linda, Dallas, TX

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio5N/AN/A
Median Home Price$279,000N/AN/A
Median Household Income$59,600N/AN/A

Casa Linda, Dallas, TX — ZIP Code Boundary Map

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