Housing Prices in University Park, TX
How much do homes in University Park, TX cost?
Median List Price
$2,198,300
$589/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in University Park has increased by 15.8% since last year.
Summary: The median home list price in University Park was $2,198,300 in March 2024, up 15.8% from the previous year, and the median price per square foot was $589.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $434.4K | $379K | -12.8% |
| 2 Bedrooms | $637.5K | $550K | -13.7% |
| 3 Bedrooms | $1.2M | $1.2M | +3.9% |
| 4 Bedrooms | $1.9M | $2.1M | +10.1% |
| 5+ Bedrooms | $2.8M | $3.4M | +21.0% |
Summary: University Park housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.8%, 2 bedroom homes decreased by 13.7%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 21%.
Median List Price Compared To Nearby Cities
| Highland Park | $2.4M | $3.3M | +35.1% |
| University Park | $1.8M | $2.1M | +15.8% |
| Dallas | $424.3K | $449.3K | +5.9% |
| Northeast Dallas | $385.5K | $399.9K | +3.7% |
Housing Supply in University Park, TX
How many homes are available in University Park, TX?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 51 | 73 | +43.1% |
Summary: The University Park real estate market had 73 homes for sale in March 2024, a 43.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 10 | 15 | +50.0% |
| 4 Bedrooms | 16 | 25 | +56.3% |
| 5+ Bedrooms | 21 | 30 | +42.9% |
Summary: The University Park housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 56.3%, and 5+ bedroom homes increased by 42.9%.
Days on Market for University Park, TX
How long does it take to sell a home in University Park, TX?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 101 Days | 58 Days | -42.7% |
Summary: Homes in University Park had an average listing age of 58 days in Mar 2024, down by 42.7% compared to the previous year.
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