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University Park

Why you'd want to live in University Park

University Park, a predominantly residential community of more than 25,000 residents, is located approximately five miles north of downtown Dallas, Texas. The City is the home of Southern Methodist University and the George W Bush Presidential Center. It is also known for its attractive homes, beautiful parks, and numerous churches. The location of University Park in north-central Dallas provides easy access to a broad range of cultural, recreational, shopping, and business activities. A diverse range of more than 7,000 homes supports a unique population base. One of the most highly-educated cities in the nation, 87% of residents over 25 have college or advanced degrees. The City is served by the Highland Park Independent School District (HPISD). In state testing, HPISD students consistently rank among the highest in the state, with 97% of the graduating class typically continuing on to college. The City prides itself on providing prompt and personal attention to requests for services. A primary goal of the City is to provide and maintain a secure residential atmosphere and, through a hometown policing approach, the City maintains crime rates among the lowest in the metropolitan area. via University Park, TX

University Park Market Report

$3,161,117

AVERAGE PRICE OF 115 HOMES

$3,518,840

AVERAGE PRICE OF 100 MULTI-MILLION DOLLAR HOMES

$4,430,995

AVERAGE PRICE OF 19 NEWLY BUILT HOMES

$4,718,056

AVERAGE PRICE OF 34 HOMES WITH A POOL

$3,660,000

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $3,161,117
Avg Bedrooms 3.9 beds
Avg Bathrooms 4.83 baths

Average Price by Bedrooms

2 bedrooms $1,034,375
3 bedrooms $1,437,073
4 bedrooms $2,979,010
5 bedrooms $4,563,384
University Park Home Price Trends
  9/2024 8/2024 7/2024 6/2024 5/2024
Total Listings 99 94 94 96 88
Average Price $3,040,549 $2,963,514 $3,105,863 $3,272,150 $3,274,841
Avg Price Change +2.60% -4.80% -5.35% -0.08% -1.64%
Median Price $2,479,600 $2,458,357 $2,633,860 $2,905,000 $2,700,606
Med Price Change +0.86% -7.14% -10.29% +7.57% +2.81%
Avg Bedrooms 3.91 beds 3.92 beds 3.86 beds 3.92 beds 3.92 beds
Avg Bathrooms 4.76 baths 4.7 baths 4.71 baths 4.86 baths 4.69 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Highland Park 115 $3,161,117 71 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 115 $3,161,117 71 days
Multi-Million Dollar Homes 100 $3,518,840 68 days
Newly Built Homes 19 $4,430,995 61 days
Homes with a Pool 34 $4,718,056 67 days
Reduced Price Homes 3 $3,660,000 88 days