Real Estate Market Update for 75229 (Dallas, TX)

Video: Real Estate Community Tour for 75229 (Dallas, TX)

See Real estate community tour for 75229 (Dallas, TX)
Welcome to August'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 19% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month was just under 660-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 49%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 350-thousand dollars. The number of units sold increased 4% year-over-year, and increased 4% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. 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 75229 (Dallas, TX)
Area Information for 75229 (Dallas, TX)
  • Population: 32,743
  • Median Age: 36.74 yr
  • Median Commute Time: 19.78 mins
  • Educational Climate*: 4
  • Sales Tax: 6.25%
  • Population Density: 2,613/sq mi
  • Population Change Since 2000: 3.4%
  • Closest Airport: Dallas Love Field
  • Closest College: Parker College-chiropractic
  • Closest Jr. College: Brookhaven College
  • Median Household Income: $69,081
  • Annual Residential Turnover: 15.03%
  • Median Years in Residence: 4.24 yr
  • Median Home Sales Price: $247,702
  • Closest Major Sports Team: Dallas Stars
  • Change Avg. Household Income Since 2000: 7%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 75229 (Dallas, TX)
Median Age: 36.74 Married: 32% Number of Households: 11,769 Households with Children: 4,484
    • 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 75229 (Dallas, TX)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      F P Caillet Elementary School 0.5 mi Public PRESCHOOL-5 3 3
      Everette Lee Degolyer Elementary School 0.8 mi Public PRESCHOOL-5 3 5
      Herbert Marcus Elementary School 0.9 mi Public PRESCHOOL-5 2 0
      Edward High Cary Middle School 1.5 mi Public 6-8 1 2
      The Cambridge School Of Dallas 1.5 mi Private 6-12 0 5
      Harry C Withers Elementary School 1.6 mi Public PRESCHOOL-5 4 4
      Episcopal School Of Dallas Pk-1 1.7 mi Private 1-12 0 4
      Thomas Jefferson High School 1.7 mi Public 9-12 1 3
      Good Shepherd Episcopal School 2.0 mi Private PRESCHOOL-8 0 4
      Walnut Hill Elementary School 2.0 mi Public PRESCHOOL-5 4-5 4
      St. Monica School 2.0 mi Catholic PRESCHOOL-8 0 5
      Tom W Field Elementary School 2.1 mi Public PRESCHOOL-5 2 3
      The Hockaday School 2.6 mi Private PRESCHOOL-12 0 5
      Ursuline Academy Of Dallas 2.9 mi Catholic 9-12 0 4
      Grace Academy Of Dallas 3.1 mi Private PRESCHOOL-6 0 5
      The Lamplighter School 3.2 mi Private PRESCHOOL-4 0 4
      The Winston School 3.5 mi Private 1-12 0 4
      John J Pershing Elementary School 3.6 mi Public PRESCHOOL-5 3 4
      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: and Onboard Informatics © 2015
      Local Weather for 75229 (Dallas, TX)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 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.