The story of this market
The typical home in ZIP 75224 sells for about $379,854, or $230 per square foot.
Prices are down 1.2% from a year ago, which gives buyers more room to negotiate. Homes take about 54 days to sell. HUD's fair market rent for a two-bedroom is $1,712 a month.
ZIP 75224 — Dallas
The 75224 housing market is currently experiencing a period of price stabilization following years of rapid appreciation. Inventory levels remain tight, and while demand persists, buyers are increasingly sensitive to interest rates and affordability constraints. Some specific figures, such as the exact share of price cuts, are not published at the ZIP level and have been omitted.
This ZIP is well-suited for first-time homebuyers and families seeking proximity to Downtown Dallas at a more accessible price point than northern suburbs, as well as investors targeting the rental market.
Median prices moved down 1.2% year over year.
Homes spend a median of 54 days on market with 3.2 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.2% · poverty 19.6% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 12.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 11.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 75224, Dallas County TX
Crime rates in the 75224 area are higher than the national average, with property and violent crime trends remaining a primary concern for local law enforcement compared to safer suburban regions in the Dallas-Fort Worth metroplex.
Schools serving the 75224 area are primarily part of the Dallas Independent School District, which faces ongoing challenges with academic performance ratings and resource allocation compared to neighboring suburban districts.
The area is subject to standard North Texas climate risks, including severe thunderstorms, high winds, and occasional hail, with localized flood risks in specific low-lying zones near creek beds.
Economic momentum is driven by proximity to the Dallas employment core and ongoing revitalization efforts in the Oak Cliff area, though large-scale corporate campus development is limited within the ZIP boundaries.
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 typically commute via I-35E or US-67 toward Downtown Dallas, with average travel times around 25 minutes; public transit access is provided by DART bus routes and proximity to light rail stations.
The area features access to Kiest Park, one of the largest parks in Dallas, offering extensive trails, sports fields, and green space, alongside local shopping and dining corridors along West Illinois Avenue.
The rental market is characterized by high demand for affordable housing, with a significant share of single-family homes utilized as rentals and steady pressure on vacancy rates.
The economy is heavily influenced by the broader Dallas-Fort Worth labor market, with residents commuting to major employment hubs in Downtown Dallas, the Medical District, and the logistics corridors of Southern Dallas.
The area is served by major highway arteries including I-35E and US-67, with DART bus service providing connectivity to the broader regional transit network.
Development planning is focused on transit-oriented growth and the revitalization of existing commercial corridors to support increased density.
The Dallas Central Appraisal District manages property assessments for the area, utilizing mass appraisal techniques to determine annual market values for tax purposes.
Parcels are subject to Dallas ISD, Dallas County, and City of Dallas tax levies, with potential additional assessments for specific utility or flood control districts.
Property insurance premiums in the area are influenced by regional exposure to severe weather events, including wind and hail, leading to generally rising costs for homeowners.
Data retrieved from Census Reporter and data.census.gov ZCTA profiles.
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.
- Six Flags Over Texas4.313.9 mi
- Traders Village Grand Prairie4.512.3 mi
- Epic Waters Indoor Waterpark4.411.1 mi
- Hurricane Harbor Arlington4.114.6 mi
- Cidercade Dallas4.76.9 mi
- AT&T Stadium4.714.9 mi
- Six Flags Over Texas4.313.9 mi
- American Airlines Center4.66 mi
- Globe Life Field4.714.4 mi
- Kay Bailey Hutchison Convention Center Dallas4.35.2 mi
- The Dallas Arboretum and Botanical Garden4.710.8 mi
- The Dallas World Aquarium4.45.7 mi
- Dallas Zoo4.52.8 mi
- Perot Museum of Nature and Science4.75.9 mi
- Klyde Warren Park4.76.1 mi
- Perot Museum of Nature and Science4.75.9 mi
- Dallas Museum of Art4.76 mi
- Fair Park4.56.8 mi
- The Sixth Floor Museum at Dealey Plaza4.65.4 mi
- Museum of Illusions4.55.5 mi
- The Dallas Arboretum and Botanical Garden4.710.8 mi
- Dallas Zoo4.52.8 mi
- Klyde Warren Park4.76.1 mi
- Fair Park4.56.8 mi
- Cedar Ridge Preserve4.88.3 mi
- Topgolf Dallas4.412.5 mi
- Dallas Country Club4.69.2 mi
- Tenison Park Golf Course48.6 mi
- Stevens Park Golf Course4.23.5 mi
- Brook Hollow Golf Club4.68.9 mi
- NorthPark Center4.611.8 mi
- Grand Prairie Premium Outlets4.412.5 mi
- Traders Village Grand Prairie4.512.3 mi
- Irving Mall3.812.9 mi
- Dallas Farmers Market4.55.7 mi
- Dallas Fort Worth International Airport4.117.2 mi
- Dallas Love Field4.49.5 mi
- Arlington Memorial Hospital Heliport4.416.3 mi
- Capital One Lounge at DFW417.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional park featuring extensive trails, baseball fields, and a recreation center.
Provides hiking and biking trails in a natural setting within the urban environment.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).
Governs Edmonds Ranch
Governs Del Webb at Legacy Hills
Governs Benson Place
90-day research cycle · governing documents remain with their official custodians — the association, its management portal or the county clerk's recording.