Real Estate Market Update for 75204 (Dallas, TX)
Welcome to November's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of November. The number of active listings was down 5% from one year earlier, and up 7% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 370-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 70%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 240-thousand dollars. The number of units sold decreased 26% year-over-year, and decreased 57% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for 75204 (Dallas, TX)
Area Information for 75204 (Dallas, TX)
  • Population: 27,856
  • Median Age: 29.63 yr
  • Median Commute Time: 18.3 mins
  • Educational Climate*: 4
  • Sales Tax: 6.25%
  • Population Density: 10,894/sq mi
  • Population Change Since 2000: 28.68%
  • Closest Airport: Dallas Love Field
  • Closest College: Dallas Theological Seminary
  • Closest Jr. College: El Centro College
  • Median Household Income: $56,870
  • Annual Residential Turnover: 28.65%
  • Median Years in Residence: 2.13 yr
  • Median Home Sales Price: $243,375
  • Closest Major Sports Team: Dallas Stars
  • Change Avg. Household Income Since 2000: 43%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 75204 (Dallas, TX)
Median Age: 29.63 Married: 13% Number of Households: 15,562 Households with Children: 2,149
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 75204 (Dallas, TX)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      J W Ray Learning Center 0.1 mi Public PRESCHOOL-5 1 4
      Alex W Spence Talented/gifted Academy 0.3 mi Public 6-8 2 3
      Bachman Lake Area Elementary School 0.4 mi Public PRESCHOOL-6 0 0
      Maya Angelou High School 0.4 mi Public 5-12 0 0
      Cesar Chavez Learning Center 0.5 mi Public PRESCHOOL-5 1 3
      Reconciliation Academy 0.6 mi Public 1-3 1 3
      North Dallas High School 0.6 mi Public 9-12 1 3
      Dallas Can Academy Charter 0.6 mi Public 9-12 0 3
      Notre Dame School 0.6 mi Catholic UNGRADE-UNGRADE 0 5
      Dallas Christian Academy 0.7 mi Private PRESCHOOL-12 0 4
      William B Travis Acad/vangrd For A 0.7 mi Public 4-8 5 4
      The Southern Baptist Academy 0.8 mi Private K-12 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for 75204 (Dallas, TX)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.