Housing Prices in University Park, TX
How much do homes in University Park, TX cost?
Median List Price
$2,214,966
$600/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in University Park has increased by 11% since last year.
Summary: The median home list price in University Park was $2,214,966 in May 2024, up 11% from the previous year, and the median price per square foot was $600.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $429.9K | $439.4K | +2.2% |
| 2 Bedrooms | $624.9K | $550K | -12.0% |
| 3 Bedrooms | $1.2M | $1.2M | +6.3% |
| 4 Bedrooms | $2.0M | $2.1M | +4.8% |
| 5+ Bedrooms | $2.8M | $3.4M | +22.8% |
Summary: University Park housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes decreased by 12%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 22.8%.
Median List Price Compared To Nearby Cities
| Highland Park | $2.6M | $3.4M | +29.3% |
| University Park | $1.9M | $2.2M | +11.0% |
| Dallas | $425.2K | $463.3K | +9.0% |
| Northeast Dallas | $388.7K | $410.5K | +5.6% |
Housing Supply in University Park, TX
How many homes are available in University Park, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 90 | 96 | +6.7% |
Summary: The University Park real estate market had 96 homes for sale in May 2024, a 6.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 21 | 21 | 0.0% |
| 4 Bedrooms | 30 | 30 | 0.0% |
| 5+ Bedrooms | 34 | 39 | +14.7% |
Summary: The University Park housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.7%.
Days on Market for University Park, TX
How long does it take to sell a home in University Park, TX?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 82 Days | 59 Days | -27.7% |
Summary: Homes in University Park had an average listing age of 59 days in May 2024, down by 27.7% compared to the previous year.
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