$10,000 Closing Credit*
$1,375,000
2,336 SqFt
3 Beds
•3 Full Baths
Michelle Wood, Listing Office: Compass RE Texas, LLC.
Housing Prices in University Park, TX
How much do homes in University Park, TX cost?
Median List Price
$2,245,000
$623/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$196,000(+9.6%)
Key Takeaway
The list price of homes in University Park has increased by 9.6% since last year.
Summary: The median home list price in University Park was $2,245,000 in October 2024, up 9.6% from the previous year, and the median price per square foot was $623.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $379K | - | N/A |
| 2 Bedrooms | $800K | $690K | -13.8% |
| 3 Bedrooms | $1.2M | $1.3M | +3.8% |
| 4 Bedrooms | $2.1M | $2.3M | +9.3% |
| 5+ Bedrooms | $3.2M | $3.5M | +7.2% |
Summary: University Park housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.8%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 7.2%.
Median List Price Compared To Nearby Cities
| Highland Park | $2.8M | $3.2M | +14.1% |
| University Park | $2.0M | $2.2M | +9.6% |
| Dallas | $428.6K | $457K | +6.6% |
| Northeast Dallas | $389.7K | $408.3K | +4.8% |
Housing Supply in University Park, TX
How many homes are available in University Park, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 105 | 116 | +10.5% |
Summary: The University Park real estate market had 116 homes for sale in October 2024, a 10.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 27 | 32 | +18.5% |
| 4 Bedrooms | 30 | 33 | +10.0% |
| 5+ Bedrooms | 42 | 43 | +2.4% |
Summary: The University Park housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 18.5%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 2.4%.
Days on Market for University Park, TX
How long does it take to sell a home in University Park, TX?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 101 Days | 78 Days | -22.8% |
Summary: Homes in University Park had an average listing age of 78 days in Oct 2024, down by 22.8% compared to the previous year.
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