Home Values

75248 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this zip code relative to other zip codes in the same metropolitan area. A particular zip code may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Cool

Buyers' Market
Sellers' Market

The median list price per square foot in 75248 is $132, which is lower than the Dallas average of $138. The median price of homes currently listed in 75248 is $364,000 while the median price of homes that sold is $310,148. The median rent price in 75248 is $1,105, which is lower than the Dallas median of $1,275.

Foreclosures will be a factor impacting home values in the next several years. In 75248 2.8 homes are foreclosed (per 10,000). This is lower than the Dallas value of 4.8 and also lower than the national value of 4.0

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 75248 is 1.8%, 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 75248 homeowners underwater on their mortgage is 6.1%, which is lower than Dallas at 14.3%.

Read more
Relative ZHVI
- +

75248 Market Overview

Data through Sep 30, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $364,000 Median listing price
  • $310,148 Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

75248 Market Health

Data through Sep 30, 2014
  • 9.6/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 6.1% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 1.8% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

2.8 homes 75248
4.8 homes Dallas
4 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

US Metro Areas

Name Median ZHVI
Los Angeles Metro $531,000
New York Metro $381,600
Washington Metro $359,300
Name Median ZHVI
Miami-Fort Lauderdale Metro $205,200
Philadelphia Metro $202,700
Chicago Metro $188,200
Name Median ZHVI
Atlanta Metro $151,900
Houston Metro $150,300
Dallas-Fort Worth Metro $148,400

Listings & Sales

Data through Sep 30, 2014
  • $132 Median list price / sq ft
  • $122 Median sale price / sq ft
  • 44.1% Listings with price cut
12.1%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

75248 Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $2,277 75248
    $1,228 Dallas
    $1,335 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,105 Rent list price
  • $0.99 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading