The story of this market
The typical home in ZIP 75235 sells for about $500,000, or $276 per square foot.
Prices are down 20.8% from a year ago, which gives buyers more room to negotiate. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,700 a month.
ZIP 75235 — Dallas
The 75235 housing market is currently experiencing a correction, with median prices declining significantly year-over-year. High inventory levels relative to sales volume and economic headwinds are driving a more cautious environment for both buyers and sellers. The area remains a key hub for medical and aviation workers, which provides a baseline of demand despite broader market softening.
This ZIP is well-suited for young professionals, medical workers, and commuters who prioritize proximity to major employment hubs and downtown access. It also attracts investors looking for value-add opportunities in a centrally located, high-demand urban area.
Median prices moved down 20.8% year over year.
Homes spend a median of 48 days on market with 3.2 months of supply — a fast-moving market.
19% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.4% · poverty 21.3% — 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 4.2%/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 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 75235, Dallas County TX
Crime rates in the 75235 area are generally higher than the national average, consistent with urban core neighborhoods in Dallas. Local law enforcement maintains a visible presence, though residents are advised to remain vigilant regarding property-related offenses.
Schools serving the 75235 area are part of the Dallas Independent School District, which offers a mix of magnet and neighborhood programs. Performance varies significantly across individual campuses, with some schools receiving lower state accountability ratings.
The area is primarily at risk for severe thunderstorms, high winds, and occasional hail common to North Texas. Flood risk is localized to specific low-lying areas near drainage basins, and standard property insurance policies typically cover these perils.
The area benefits from its proximity to the Dallas Medical District and Love Field Airport, which serve as major economic anchors. Ongoing redevelopment of older residential stock and infill projects continue to drive interest in the neighborhood.
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 enjoy excellent access to major thoroughfares including I-35E and the Dallas North Tollway, facilitating a direct commute to Downtown Dallas. Public transit options are available via DART bus routes and proximity to light rail stations.
The area features several local parks and green spaces, with proximity to the larger recreational amenities of the Medical District and nearby Bachman Lake. Shopping and dining options are concentrated along the Maple Avenue and Cedar Springs corridors.
The rental market is robust due to the high concentration of medical professionals and airport employees in the vicinity. Vacancy pressure remains moderate, with a mix of older apartment complexes and newer infill rental developments.
The economy is heavily anchored by the healthcare sector, specifically the UT Southwestern Medical Center and associated hospitals. Aviation and logistics also play a significant role due to the proximity of Dallas Love Field.
The area is served by a dense network of highways and DART bus lines, providing high connectivity to the broader Dallas-Fort Worth metroplex.
Development is focused on high-density residential and medical-related commercial projects, particularly along the I-35 corridor.
The Dallas Central Appraisal District performs annual market value assessments for all real property within the county.
Parcels are subject to taxes from the City of Dallas, Dallas ISD, Dallas County, and the Dallas County Community College District.
Property insurance premiums are influenced by regional exposure to severe weather, including wind and hail, leading to generally higher costs for homeowners.
Data retrieved from data.census.gov ZCTA-level tables.
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 Texas4.313.8 mi
- Great Wolf Lodge | Grapevine4.114.4 mi
- Traders Village Grand Prairie4.514.9 mi
- Meow Wolf Grapevine's The Real Unreal4.414.5 mi
- Epic Waters Indoor Waterpark4.413.7 mi
- AT&T Stadium4.715.1 mi
- Six Flags Over Texas4.313.8 mi
- American Airlines Center4.63.6 mi
- Globe Life Field4.714.7 mi
- Kay Bailey Hutchison Convention Center Dallas4.34.8 mi
- The Dallas Arboretum and Botanical Garden4.77.8 mi
- The Dallas World Aquarium4.44.2 mi
- Dallas Zoo4.56.5 mi
- Perot Museum of Nature and Science4.73.9 mi
- Klyde Warren Park4.74 mi
- Perot Museum of Nature and Science4.73.9 mi
- Dallas Museum of Art4.74.1 mi
- Meow Wolf Grapevine's The Real Unreal4.414.5 mi
- Fair Park4.56.4 mi
- The Sixth Floor Museum at Dealey Plaza4.64.2 mi
- The Dallas Arboretum and Botanical Garden4.77.8 mi
- Dallas Zoo4.56.5 mi
- Klyde Warren Park4.74 mi
- Fair Park4.56.4 mi
- John F. Kennedy Memorial Plaza4.54.4 mi
- Corinthian Sailing Club4.67.8 mi
- Topgolf Dallas4.46.7 mi
- Brookhaven Country Club4.47.3 mi
- Bear Creek Golf Club4.112.2 mi
- Dallas Country Club4.62.9 mi
- Tenison Park Golf Course47.1 mi
- Galleria Dallas4.57.2 mi
- NorthPark Center4.65.2 mi
- Irving Mall3.88.4 mi
- Dallas Farmers Market4.55.1 mi
- Dallas Fort Worth International Airport4.111.7 mi
- Dallas Love Field4.41 mi
- Arlington Memorial Hospital Heliport4.416.4 mi
- Capital One Lounge at DFW412.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large recreational area with trails and lake access.
Major concentration of hospitals and research facilities.
Major regional airport serving the area.
Key-figure check: median price diverges 52.4% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $238,000 (-52.4% vs the prior refresh cycle) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.
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.