There are currently 298,700 real estate properties in Dallas, TX, with a median automated valuation model (AVM) price of $344,100.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Dallas, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Dallas, TX, is $620,224.00, with the most expensive house in Dallas, TX, topping out at $60,386,900.00 and the cheapest home in Dallas, TX, clocking in at $19,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Dallas, TX!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Dallas, TX, is on a rollercoaster ride. The average rent price in Dallas, TX, is $1,676.00. Indeed, when looking to rent in Dallas, TX, you can expect to pay as little as $630.00 or as much as $3,820.00, with the average rent median estimated to be $1,450.00. The good news is that finding an affordable and desirable property to rent in Dallas, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Dallas, TX area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Dallas, TX and much more. Save thousands at closing with home foreclosure listings in Dallas, TX — up to 75% off market value!
Dallas is located in Dallas, Texas, with an estimated municipal population of 1,343,573 residents. All of the best foreclosed homes for sale in Dallas are located in the following zip code areas on Foreclosure.com: 75287 75098 75233 75254 75251 75252 75253 75032 75238 75232 75230 75231 75236 75237 75234 75235 75088 75087 75243 75246 75244 75249 75248 75051 75166 75210 75211 75212 75214 75215 75216 75217 75218 75219 75390 75182 75229 75228 75220 75223 75225 75224 75227 75226 75241 75240 75247 75270 75043 75207 75206 75205 75204 75203 75202 75201 75209 75208 75019 75221 75222 75242 75250 75260 75262 75263 75264 75266 75267 75277 75283 75284 75285 75301 75303 75312 75313 75315 75320 75336 75339 75342 75354 75355 75356 75357 75358 75359 75360 75367 75370 75371 75372 75373 75374 75376 75378 75379 75380 75382 75389 75392 75393 75394 75395 75397 75398. The estimated population per square kilometer (.62 miles) in Dallas is 1,526.
So, about how much do homes cost in Dallas? The most recent median value of resident-owned homes in Dallas is 193,646. An estimated 40.9 percent of households in Dallas own their homes, with an average family size of 3.45. The median household income in Dallas is 52,580, with23.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Dallas, the median commute time of resident workers (in minutes) is 27.1. And last, but certainly not least, are you looking for homes to rent in Dallas? If so, the average rent price paid by renters in Dallas is 1,052, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Dallas, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Dallas is 32.7, split between 49.4 percent male versus 50.6 female. The percentage of residents who report being married in Dallas is 40.4, with an average family size of 3.45.
The percentage of residents who report their race in Dallas is as follows:
|Black / African American||24.3%|
|American Indian / Alaskan Native||0.3%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Dallas? Or maybe you are searching for 55+ active adult communities in and/or near Dallas?
The percentage of residents who report their age in Dallas is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Dallas with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Dallas.
How do you know that living in -- or moving to -- Dallas is right where you need to be? Perhaps you grew up in Dallas or already live nearby; therefore, the decision to buy a home in Dallas is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Dallas for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Dallas:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Dallas.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Dallas can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Dallas, meanwhile, can field multiple offers from more qualified buyers.
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