The story of this market
The typical home in ZIP 75205 sells for about $390,000, or $214 per square foot.
Prices are roughly flat from a year ago (+0.51%), a market in balance. Homes take about 52 days to sell. HUD's fair market rent for a two-bedroom is $1,646 a month.
This ZIP has no home sales of its own, so its market figures come from Dallas County, Texas (county-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 75205 — University Park
The 75205 housing market remains a high-end, competitive environment with a median sale price exceeding $2 million. While year-over-year price growth is significant, the low volume of sales and increased days on market suggest a cooling in transaction velocity. Market conditions are driven by limited inventory and sustained demand for the area's premier school district and central location.
This ZIP is ideal for affluent families and professionals seeking proximity to top-tier schools, luxury amenities, and central Dallas employment hubs.
Median prices moved up 0.5% year over year.
Homes spend a median of 52 days on market with 4.1 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 75205, Dallas County TX
The area is served by highly-rated public schools within the Highland Park Independent School District, which is widely recognized for academic excellence.
The area is a mature, affluent residential enclave with limited new development space, primarily characterized by high-end single-family housing and proximity to major Dallas employment hubs.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Residents benefit from central Dallas positioning with direct access to major thoroughfares like the Dallas North Tollway and US-75, facilitating short commutes to Downtown and Uptown employment centers.
The ZIP features proximity to the Katy Trail, numerous neighborhood parks, and the upscale shopping and dining districts of Highland Park Village and Snider Plaza.
The rental market is characterized by high demand for luxury single-family homes and upscale apartments, with limited inventory driving premium pricing.
The local economy is anchored by proximity to the Dallas central business district, with a strong concentration of professional services, finance, and corporate headquarters in the immediate region.
The area is well-served by major highway corridors including US-75 and the Dallas North Tollway, with access to DART light rail stations in adjacent neighborhoods.
Development is primarily focused on luxury residential infill and the renovation of existing high-value properties.
The Dallas Central Appraisal District manages property assessments for the area, utilizing annual market value appraisals.
Parcels are primarily served by the Highland Park Independent School District and Dallas County taxing jurisdictions.
Data sourced from aggregated community profiles; specific ACS table vintages not provided in source.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
An upscale, historic open-air shopping center serving as a primary community anchor.
A major urban hike-and-bike trail providing connectivity to surrounding Dallas neighborhoods.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass. Coherence hold-out: this pass's median price ($2,095,000) sat outside the 0.25–4× band around Dallas County's retained level and was not stored.