Dallas Homes

Find YOUR Dream Home in Dallas, Texas

From Wikipedia.org

Dallas is the ninth most populous city in the United States and the third most populous city in the state of Texas. The Dallas-Fort Worth metroplex is the largest metropolitan area in the South and fourth-largest metropolitan area in the United States.  The city is the largest economic center of the 12-county Dallas–Fort Worth–Arlington metropolitan area.

From Wikipedia.org

Central Dallas

Central Dallas is anchored by Downtown, the center of the city and the epicenter of urban revival, along with Oak Lawn and Uptown, areas characterized by dense retail, restaurants, and nightlife. Downtown Dallas has a variety of named districts, including the West End Historic District, the Arts District, the Main Street District, Farmers Market District, the City Center business district, the Convention Center District, and the Reunion District. “Hot spots” north of Downtown include Uptown, Victory Park, Oak Lawn, Turtle Creek, Cityplace and West Village.

East Dallas

East Dallas is home to Deep Ellum, a trendy arts area close to Downtown, the homey Lakewood neighborhood, historic Vickery Place and Bryan Place, and the architecturally significant neighborhoods of Swiss Avenue and Munger Place Historic District, which has one of the largest collections of Frank Lloyd Wright-inspired Prairie-style homes in the United States. North of the Park Cities is Preston Hollow, home to Texas’ wealthiest residents, as well as the most expensive homes in the state. The area is also characterized by a variety of high-powered shopping areas, including Galleria Dallas, NorthPark Center, and Highland Park Village. In the northeast quadrant of the city is Lake Highlands, one of Dallas’ most unified middle-class neighborhoods.

Midtown Dallas is currently undergoing construction of new high-rise apartments, restaurants, and retail. The midtown area is generally a new classification of the city, consisting of North Park Mall, SMU, White Rock Lake, The Dallas Arboretum, and new retail/high-rises, most notably along Park Lane and Central Expressway. Midtown is bordered by University Park to the west, Preston Hollow to the North, Lake Highlands/Lakewood to the East, and Uptown/City Place to the South.

Southwest of Downtown lies Oak Cliff, a hilly area that has undergone gentrification in recent years in neighborhoods such as the Bishop Arts District. Oak Cliff originated as a township founded in the mid-1800s and was annexed by the city of Dallas in 1903. Today, most of the area’s northern residents are Hispanic. The ghost town of La Reunion once occupied the northern tip of Oak Cliff. South Oak Cliff is a mixture of Black/African American, Hispanic, and Native American.

South Dallas

South Dallas, a distinct neighborhood southeast of Downtown, lays claim to the Cedars, an eclectic artist hotbed south of downtown and Fair Park, home of the annual State Fair of Texas, occurring in October.

Much of the southern portion of the city is characterized now by high rates of poverty and crime. To spur growth in the southern sector of the city, University of North Texas System opened a Dallas campus in October 2006 in South Oak Cliff near the intersection of Interstate 20 and University Hills Blvd.Large amounts of undeveloped land remain nearby, due to decades of slow growth south of Downtown.

Further east, in the southeast quadrant of the city, is the large neighborhood of Pleasant Grove. Once an independent city, it is a collection of mostly lower-income residential areas stretching all the way to Seagoville in the southeast. Though a city neighborhood, Pleasant Grove is surrounded by undeveloped land on all sides, including swampland separating it from South Dallas that will in the future be part of the Great Trinity Forest, a subsection of the city’s Trinity River Project.

Dallas is further surrounded by many suburbs and includes three enclaves within the city boundaries—Cockrell Hill, Highland Park, and University Park.

Real Estate Market Stats

Zillow Home Value Index: $166,100

Home Size in Square Feet

Year Built

Local National
Zillow Home Value Index $166,100 $200,400
Median Condo Value $170,700 $215,000
Median 4-Bedroom Home Value $434,100 $317,600
Percent Homes Decreasing 10.2% 16.4%
Median List Price Per Sq Ft 4,598 127
Median Sale Price 4,598 2,603,660
Property Tax $2,600 $2,147
Turnover (Sold Within Last Yr.) 3.4% 2.8%
1-Yr. Change 12.2% 7.4%

 

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NTREIS data last updated at August 20, 2017 3:10 PM CT