Housing Prices in University Park, TX

How much do homes in University Park, TX cost?

Median List Price

$2,150,000

$618/sqft

Based on all homes listed in the last 12 months.

Difference Since September 2023

+$150,001(+7.5%)

Key Takeaway

The list price of homes in University Park has increased by 7.5% since last year.

Summary: The median home list price in University Park was $2,150,000 in September 2024, up 7.5% from the previous year, and the median price per square foot was $618.

Median List Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $379K$484.9K
+28.0%
2 $725K$690K
-4.8%
3 $1.2M$1.3M
+5.8%
4 $2.1M$2.2M
+5.6%
5+ $3.2M$3.5M
+7.7%

Summary: University Park housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28%, 2 bedroom homes decreased by 4.8%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 7.7%.

Median List Price Compared To Nearby Cities

Highland Park
+22.7%
University Park
+7.5%
Dallas
+7.2%
Northeast Dallas
+4.7%

Housing Supply in University Park, TX

How many homes are available in University Park, TX?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
92115+25.0%

Summary: The University Park real estate market had 115 homes for sale in September 2024, a 25.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 36
+100.0%
3 2029
+45.0%
4 3130
-3.2%
5+ 3749
+32.4%

Summary: The University Park housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 45%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 32.4%.

Days on Market for University Park, TX

How long does it take to sell a home in University Park, TX?

Average Listing Age

Sep 2023Sep 2024CHANGE
95 Days70 Days-25.9%

Summary: Homes in University Park had an average listing age of 70 days in Sep 2024, down by 25.9% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 5 Days Ago

Newest Listings in University Park, TX

Nearby Markets to University Park, TX

What housing markets are near University Park, TX?