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  5. /Oak Cliff, Dallas, TX - 75232

Oak Cliff, Dallas, TX—75232

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$237,000
2.8% YoY Growth
Household Income
$57,300
57.0% YoY Growth
Days on Market
58
14.0% Longer YoY
Home Price Forecast
-0.9%
Median Rent
$1,820
18.0% YoY Growth
1-Bed Rent
$808
N/A
2-Bed Rent
$1,500
16.7% YoY Growth
3-Bed Rent
$1,900
1.9% YoY Growth

Other Zip Codes in Oak Cliff, Dallas, TX

75203
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Oak Cliff, Dallas, TX

As of May '26, the median home price in Oak Cliff, Dallas, TX is $237,000, with a year-over-year change of -2.8%. This indicates that home prices in Oak Cliff, Dallas, TX are decreasing. According to Zillow, the 1-year price projection is -0.9%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$237,000-2.8%
Single Family $239,000-2.8%
Condos $87,000-9.4%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$162,000-3.0%
    3 Bed
    		$239,000-2.8%
    4 Bed
    		$279,000-3.1%
    5 Bed $336,477-0.5%
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    % of Housing Stock

    Studio
    1.0%
    1 Bedroom
    7.9%
    2 Bedrooms
    15.8%
    3 Bedrooms
    58.1%
    4 Bedrooms
    15.6%
    5+ Bedrooms
    1.6%

    Rental Trends — Oak Cliff, Dallas, TX

    As of July '25, Rentcast reports the average rent in Oak Cliff, Dallas, TX is $1,730, with a year-over-year rent change of -18.0%. Per bedroom, the median rent as of July '25 in Oak Cliff, Dallas, TX is 1-bedrooms: $865, 2-bedrooms: $1,500, 3-bedrooms: $2,020, 4-bedrooms: $2,070. The most common rental property sizes in Oak Cliff, Dallas, TX are 3-bedroom and 2-bedroom, accounting for 35.8% and 32.0% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,820$1,730
    Studio Rent N/AN/A
    1 Bed Rent $808$865
    2 Bed Rent $1,500$1,500
    3 Bed Rent $1,900$2,020
    4 Bed Rent $2,100$2,070
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    % of Rental Stock

    Studio
    3.5%
    1 Bedroom
    20.1%
    2 Bedrooms
    32.0%
    3 Bedrooms
    35.8%
    4 Bedrooms
    4.5%
    5+ Bedrooms
    4.0%

    Property Listings — Oak Cliff, Dallas, TX

    As of May '26, Realtor.com reports that the median days on market for a home in Oak Cliff, Dallas, TX is 58. This is a increase of 14.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$287,000-6.0%
    Listing Count
    		80-2.0%
    Listings as % of Homes0.4%-2.0%
    Days on Market
    		5814.0%
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    Demographics — Oak Cliff, Dallas, TX

    As of the latest ACS Survey released in 2023, Oak Cliff, Dallas, TX has a population of 33,000, which has increased by 3.2% over the past 5 years. Oak Cliff, Dallas, TX is a popular place for families, as children make up 25.1% of the population. The area has a poorly educated workforce, with 21.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		33,0003.2%
    % Under 18
    		25.1%-4.9%
    % Seniors
    		19.6%12.6%
    % WFH
    		14.0%418.5%
    % w/ College Degree
    		21.4%76.9%
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    As of the latest ACS Survey released in 2023, Oak Cliff, Dallas, TX is a predominantly black area, with 48.7% of the population identifying as black. The black population has shrunk by 14.9% in the last 5 years. The second most common race or ethnicity in Oak Cliff, Dallas, TX is hispanic, making up 45.0% of the population. Foreign-born residents account for 16.8% of the population in Oak Cliff, Dallas, TX, and this percentage has increased by 20.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		5.2%-32.5%
    % Black
    		48.7%-14.9%
    % Hispanic
    		45.0%29.7%
    % Asian
    		0.1%-50.0%
    % Foreign Born
    		16.8%20.9%
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    Mortgage and Risk — Oak Cliff, Dallas, TX

    According to HUD data as of 2023, there were 256 mortgage originations in Oak Cliff, Dallas, TX, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 49.0% above 90% LTV (very high). This implies large mortgage risk in Oak Cliff, Dallas, TX. Investor activity is low, as 2.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		256
    % Conventional Loans
    		70.0%
    % Government Loans
    		30.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		21.0%
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    Rentals and Section 8 — Oak Cliff, Dallas, TX

    As of 2024, the percent of homes in Oak Cliff, Dallas, TX under the Section 8 program is 6.0%. 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 Oak Cliff, Dallas, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

    Section 8 Market Size

    Total Units under HUD
    		187
    Total Units Section 8
    		187
    % Rentals under Section 8
    		6.0%
    % Occupied Section 8
    		76.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$582$808$1,390
    2 Bedroom$130$1,500$1,630
    3 Bedroom$140$1,900$2,040
    4 Bedroom$520$2,100$2,620

    Affordability — Oak Cliff, Dallas, TX

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.4
    Median Home Price$237,000
    Median Household Income$57,300

    Oak Cliff, Dallas, TX — ZIP Code Boundary Map

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    Frequently Asked Questions