Real Estate Market Update for 75217 (Dallas, TX)

Video: Real Estate Community Tour for 75217 (Dallas, TX)

See Real estate community tour for 75217 (Dallas, TX)
Welcome to September's Market Update. Let’s take a look at residential real-estate activity in your area during the month of August. The number of active listings was down 53% from one year earlier, and down 5% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 120-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 10%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 100-thousand dollars. The number of units sold decreased 47% year-over-year, and decreased 41% 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 75217 (Dallas, TX)
Area Information for 75217 (Dallas, TX)
  • Population: 81,138
  • Median Age: 28.8 yr
  • Median Commute Time: 32 mins
  • Educational Climate*: 1
  • Sales Tax: 6%
  • Population Density: 2,969/sq mi
  • Population Change Since 2000: 14.68%
  • Closest Airport: Dallas Love Field
  • Closest College: Paul Quinn College
  • Closest Jr. College: Dallas Institute Of Funeral Service
  • Median Household Income: $34,415
  • Annual Residential Turnover: 11%
  • Median Home Sales Price: $81,500
  • Closest Major Sports Team: Dallas Mavericks
  • Change Avg. Household Income Since 2000: 11.98%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 75217 (Dallas, TX)
Median Age: 28.8 Married: 31% Number of Households: 21,762 Households with Children: 9,418
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 75217 (Dallas, TX)

      School Name Distance Type Grades School Rating Parent Rating
      W A Blair Elementary School 0.6 mi Public PRESCHOOL-5 0 0
      B H Macon Elementary School 0.7 mi Public PRESCHOOL-5 3 0
      Newman Park Christian Academy 0.8 mi Private 4-11 0 0
      Frederick Douglass Elementary School 1.0 mi Public PRESCHOOL-5 1 0
      E B Comstock Middle School 1.1 mi Public 6-8 1 0
      John Q Adams Elementary School 1.3 mi Public PRESCHOOL-5 2 0
      Julius Dorsey Elementary School 1.5 mi Public PRESCHOOL-5 1 0
      William M Anderson Elementary School 1.6 mi Public PRESCHOOL-5 1 0
      H Grady Spruce High School 1.7 mi Public 9-12 1 3
      Rufus C Burleson Elementary School 1.7 mi Public PRESCHOOL-5 0 0
      Henry B Gonzalez Elementary School 1.8 mi Public PRESCHOOL-5 3 0
      John Ireland Elementary School 1.8 mi Public PRESCHOOL-5 1 0
      St Augustine Catholic School 1.8 mi Catholic PRESCHOOL-8 0 0
      Nathaniel Hawthorne Elementary School 1.8 mi Public PRESCHOOL-5 1 0
      Inspired Vision Academy El 1.9 mi Public PRESCHOOL-6 3 4
      Pleasant Grove Elementary School 2.2 mi Public PRESCHOOL-5 0 0
      W W Samuell High School 2.3 mi Public 9-12 1 3
      Nova Academy (southeast) 2.3 mi Public K-6 0 0
      Inspired Vision Academy Middle 2.3 mi Public 7-12 2 4
      Vista Academy Of Dallas 2.3 mi Public K-6 1 0
      Dallas Can Academy At Pleasant Gro 2.3 mi Public 9-12 0 4
      Thelma Elizabeth Page Richardson Elementary 2.3 mi Public PRESCHOOL-5 1 0
      Gilbert Cuellar Sr Elementary School 2.4 mi Public PRESCHOOL-5 2 0
      Balch Springs Middle School 2.6 mi Public 6-8 1 0
      Fred F Florence Middle School 2.6 mi Public 6-8 0 0
      A+ Academy 2.9 mi Public PRESCHOOL-12 1 0
      Richard Lagow Elementary School 2.9 mi Public PRESCHOOL-5 2 0
      Nancy Moseley Elementary School 3.0 mi Public PRESCHOOL-5 2 0
      John W Runyon Elementary School 3.0 mi Public PRESCHOOL-5 0 0
      Ebby Halliday Elementary School 3.6 mi Public PRESCHOOL-5 1 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: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 75217 (Dallas, TX)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.