North Dallas, Dallas, TX—75244
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North Dallas, Dallas, TX
As of Oct '25, the median home price in North Dallas, Dallas, TX is $697,000, with a year-over-year change of 1.2%. This indicates that home prices in North Dallas, Dallas, TX are increasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $697,000 | 1.2% |
| Single Family | $727,000 | 1.8% |
| Condos | $124,000 | 0.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $328,000 | -4.7% |
3 Bed | $561,000 | -0.2% |
4 Bed | $841,000 | 2.6% |
| 5 Bed | $1,155,000 | 4.4% |
% of Housing Stock
Rental Trends — North Dallas, Dallas, TX
As of July '25, Rentcast reports the average rent in North Dallas, Dallas, TX is $2,240, with a year-over-year rent change of -22.5%. Per bedroom, the median rent as of July '25 in North Dallas, Dallas, TX is studios: $1,430, 1-bedrooms: $1,650, 2-bedrooms: $2,310, 3-bedrooms: $3,580, 4-bedrooms: $5,070. The most common rental property sizes in North Dallas, Dallas, TX are 1-bedroom and 2-bedroom, accounting for 45.3% and 38.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $2,240 |
| Studio Rent | $1,360 | $1,430 |
| 1 Bed Rent | $1,560 | $1,650 |
| 2 Bed Rent | $2,180 | $2,310 |
| 3 Bed Rent | $3,330 | $3,580 |
| 4 Bed Rent | $4,200 | $5,070 |
% of Rental Stock
Property Listings — North Dallas, Dallas, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in North Dallas, Dallas, TX is 57. This is a increase of 35.0% 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 43.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $784,000 | 5.0% |
Listing Count | 70 | 42.0% |
| Listings as % of Homes | 0.4% | 42.0% |
Days on Market | 57 | 35.0% |
Demographics — North Dallas, Dallas, TX
As of the latest ACS Survey released in 2023, North Dallas, Dallas, TX has a population of 13,100, which has decreased by -4.4% over the past 5 years. North Dallas, Dallas, TX is a moderately popular place for families, as children make up 23.1% of the population. The area has a highly educated workforce, with 66.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,100 | -4.4% |
% Under 18 | 23.1% | 16.7% |
% Seniors | 16.3% | 14.0% |
% WFH | 20.5% | 118.1% |
% w/ College Degree | 66.8% | -1.5% |
As of the latest ACS Survey released in 2023, North Dallas, Dallas, TX is a predominantly white area, with 55.7% of the population identifying as white. The white population has shrunk by 6.7% in the last 5 years. The second most common race or ethnicity in North Dallas, Dallas, TX is hispanic, making up 22.7% of the population. Foreign-born residents account for 19.2% of the population in North Dallas, Dallas, TX, and this percentage has increased by 15.0% 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 | 55.7% | -6.7% |
% Black | 8.8% | 10.0% |
% Hispanic | 22.7% | 18.8% |
% Asian | 7.3% | -11.0% |
% Foreign Born | 19.2% | 15.0% |
Mortgage and Risk — North Dallas, Dallas, TX
According to HUD data as of 2023, there were 164 mortgage originations in North Dallas, Dallas, TX, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in North Dallas, Dallas, TX. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 164 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — North Dallas, Dallas, TX
As of 2024, the percent of homes in North Dallas, Dallas, TX under the Section 8 program is 0.8%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in North Dallas, Dallas, TX, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 26 |
Total Units Section 8 | 23 |
% Rentals under Section 8 | 0.8% |
% Occupied Section 8 | 70.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $390 | $1,560 | $1,950 |
| 2 Bedroom | $110 | $2,180 | $2,290 |
| 3 Bedroom | -$460 | $3,330 | $2,870 |
| 4 Bedroom | -$510 | $4,200 | $3,690 |
Affordability — North Dallas, Dallas, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $697,000 |
| Median Household Income | $113,000 |