The Central Dallas housing market is somewhat competitive. Homes in Central Dallas receive 2 offers on average and sell in around 36 days. The median sale price of a home in Central Dallas was $480K last month, up 5.3% since last year. The median sale price per square foot in Central Dallas is $332, up 8.1% since last year.
What is the housing market like in Central Dallas today?
In March 2024, Central Dallas home prices were up 5.3% compared to last year, selling for a median price of $480K. On average, homes in Central Dallas sell after 36 days on the market compared to 26 days last year. There were 169 homes sold in March this year, down from 181 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$480,000
+5.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Central Dallas, TX
$480,000
+5.3%
United States
To compare other locations to the Central Dallas and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Dallas add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Central Dallas housing market?
Central Dallas is somewhat competitive. Homes sell in 34.5 days.
0
100
51
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 35 days.
Hot homes
can sell for around list price and go pending in around 14 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
10/10
William B Travis Acdmy/vngrd For A
Public • 4-8 • Choice school
521
Students
14 reviews
7/10
Bradfield Elementary School
Public • PreK-4
644
Students
11 reviews
7/10
Armstrong Elementary School
Public • K-4
509
Students
1 reviews
6/10
Lorenzo de Zavala Elementary School
Public • PreK-6
442
Students
1 reviews
6/10
C F Carr Elementary School
Public • PreK-6
339
Students
3 reviews
Only showing 5 of
13 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Central Dallas housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Central Dallas.
Risk Factor
Flood Factor - Major
28% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Central Dallas has a major risk of flooding. 1,665 properties in Central Dallas are likely to be
severely affected
by flooding over the next 30 years. This represents 28% of all properties in Central Dallas. Flood risk is increasing slower than the national average.
4% of properties are at risk of wildfire over the next 30 years
Fire Factor
Central Dallas has a moderate risk of wildfire. There are 363 properties in Central Dallas that have some risk of being affected by wildfire over the next 30 years. This represents 4% of all properties in Central Dallas.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Central Dallas has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Central Dallas is most at risk from hurricanes. 7,895 properties in Central Dallas have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 86 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 93 mph.