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Dallas, TX Real Estate


According to census data in the year 2000 there were 484,053 housing units in Dallas. This represents a 4% growth from 465,600 in 1990.

Of those housing units, 483,069 were located in either urbanized areas or urban clusters, and 984 were located in what is classified as a rural area.

Homeownership rate in Dallas is about 43.2%. Dallas's vacancy rate, including seasonal lodging, is about 6.7%. Average household size is 2.58 people.

The majority of houses, apartments or condos in Dallas were built after 1971.

Statistics

Housing Size

Housing Units by Size
Studio Type7.40%
One Bedroom28.20%
Two Bedrooms30.10%
Three Bedrooms24.60%
Four Bedrooms8.10%
Five Bedrooms or more1.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.79
Median year structure was built1963
Median Value of occupied units$89,800
Median Price asked for vacant units$74,100

Rented Homes, Apartments and Condos

Average Household Size2.42
Median year structure was built1976
Median Monthly Rent asked for vacant units$587

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage4.30%
Home Equity Loan3.70%
Simple Mortgage56.60%
Debt Free35.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.1%