Far North Dallas, Dallas, TX75287

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$461,000
4.4% YoY Growth
Median Household Income
$62,500
22.5% 5-Year Growth
Days on Market
64
57.0% Longer than last year
Home Price Forecast
-0.6%
Median Rent
$1,330
0.0% YoY Growth
1-Bed Rent
$1,140
3.3% YoY Growth
2-Bed Rent
$1,640
4.6% YoY Growth
3-Bed Rent
$2,400
6.3% YoY Growth

Other Zip Codes in Far North Dallas, Dallas, TX

Property Listings — Far North Dallas, Dallas, TX

As of Oct '25, Realtor.com reports that the median days on market for a home in Far North Dallas, Dallas, TX is 64. This is a increase of 57.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$444,000-11.0%
Listing Count
90-3.0%
Listings as % of Homes0.1%-3.0%
Days on Market
6457.0%
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Demographics — Far North Dallas, Dallas, TX

As of the latest ACS Survey released in 2023, Far North Dallas, Dallas, TX has a population of 52,700, which has decreased by -3.9% over the past 5 years. Far North Dallas, Dallas, TX is a moderately popular place for families, as children make up 16.8% of the population. The area has a highly educated workforce, with 46.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.8% reporting working from home.

MetricLatest CensusYoY % Change
Population
52,700-3.9%
% Under 18
16.8%-16.0%
% Seniors
9.6%47.7%
% WFH
17.8%217.9%
% w/ College Degree
46.3%0.7%
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As of the latest ACS Survey released in 2023, Far North Dallas, Dallas, TX is a predominantly white area, with 34.0% of the population identifying as white. The white population has shrunk by 10.8% in the last 5 years. The second most common race or ethnicity in Far North Dallas, Dallas, TX is hispanic, making up 27.9% of the population. Foreign-born residents account for 25.8% of the population in Far North Dallas, Dallas, TX, and this percentage has increased by 23.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
34.0%-10.8%
% Black
27.2%-3.5%
% Hispanic
27.9%35.4%
% Asian
6.7%0.0%
% Foreign Born
25.8%23.4%
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Mortgage and Risk — Far North Dallas, Dallas, TX

According to HUD data as of 2023, there were 146 mortgage originations in Far North Dallas, Dallas, TX, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Far North Dallas, Dallas, TX. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
146
% Conventional Loans
97.0%
% Government Loans
3.0%
% Investor Loans
2.0%
% Second Loans
1.0%
% Cash Out Refinance
10.0%

Loan Activity

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Rentals and Section 8 — Far North Dallas, Dallas, TX

As of 2024, the percent of homes in Far North Dallas, Dallas, TX under the Section 8 program is 1.9%. 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 Far North Dallas, 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
434
Total Units Section 8
335
% Rentals under Section 8
1.9%
% Occupied Section 8
75.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$630$1,140$1,770
2 Bedroom$440$1,640$2,080
3 Bedroom$210$2,400$2,610
4 Bedroom$150$3,200$3,350

Affordability — Far North Dallas, Dallas, TX

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio7.4
Median Home Price$461,000
Median Household Income$62,500

Far North Dallas, Dallas, TX — ZIP Code Boundary Map

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Frequently Asked Questions