75223 Home Prices & Values

No data Zillow Home Value Index

  • No data1-year change
  • No data 1-year forecast

The median list price per square foot in 75223 is $200, which is higher than the Dallas average of $139. The median price of homes currently listed in 75223 is $339,000 while the median price of homes that sold is $311,404. The median rent price in 75223 is $740, which is lower than the Dallas median of $1,295.

Foreclosures will be a factor impacting home values in the next several years. In 75223 5.0 homes are foreclosed (per 10,000). This is greater than the Dallas value of 4.9 and also greater than the national value of 4.4

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in 75223 is 5.3%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 75223 homeowners underwater on their mortgage is 12.8%, which is lower than Dallas at 14.3%.

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Relative ZHVI
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75223 Market Overview

Data through Jul 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $339,000 Median listing price
  • $311,404 Median sale price (Jun 30, 2014)
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75223 Market Health

Data through Jul 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 12.8% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 5.3% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

5 homes 75223
4.9 homes Dallas
4.4 homes United States
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Nearby Zip Codes

Name Median ZHVI Name Median ZHVI Name Median ZHVI
75214 $362,500 75204 $243,300  

Listings & Sales

Data through Jul 31, 2014
  • $200 Median list price / sq ft
  • $178 Median sale price / sq ft (Jun 30, 2014)
  • 40.0% Listings with price cut
14.4%
Sold below listing
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75223 Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,072 75223
$1,225 Dallas
$1,318 United States
  • 2.0 Breakeven horizon What's This?  
    Close

    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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