$4,250,000
5,978 SqFt
5 Beds
•5 Full Baths, 2 Partial
Susie Thompson, Listing Office: Allie Beth Allman & Assoc.
Housing Prices in University Park, TX
How much do homes in University Park, TX cost?
Median List Price
$2,174,500
$611/sqft
Based on all homes listed in the last 12 months.
Difference Since August 2023
+$175,500(+8.8%)
Key Takeaway
The list price of homes in University Park has increased by 8.8% since last year.
Summary: The median home list price in University Park was $2,174,500 in August 2024, up 8.8% from the previous year, and the median price per square foot was $611.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $404.4K | $489.9K | +21.2% |
| 2 Bedrooms | $650K | $625K | -3.8% |
| 3 Bedrooms | $1.2M | $1.3M | +5.1% |
| 4 Bedrooms | $2.0M | $2.2M | +9.4% |
| 5+ Bedrooms | $3.1M | $3.4M | +7.9% |
Summary: University Park housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.2%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 7.9%.
Median List Price Compared To Nearby Cities
| Highland Park | $2.8M | $3.2M | +12.1% |
| University Park | $1.9M | $2.1M | +8.8% |
| Dallas | $426.5K | $451.1K | +5.8% |
| Northeast Dallas | $389.3K | $400.2K | +2.8% |
Housing Supply in University Park, TX
How many homes are available in University Park, TX?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 93 | 97 | +4.3% |
Summary: The University Park real estate market had 97 homes for sale in August 2024, a 4.3% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 22 | 21 | -4.5% |
| 4 Bedrooms | 32 | 34 | +6.3% |
| 5+ Bedrooms | 33 | 38 | +15.2% |
Summary: The University Park housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 15.2%.
Days on Market for University Park, TX
How long does it take to sell a home in University Park, TX?
Average Listing Age
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 93 Days | 67 Days | -28.2% |
Summary: Homes in University Park had an average listing age of 67 days in Aug 2024, down by 28.2% compared to the previous year.
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